Gross value added at basic prices (GVA) (constant LCU), annual growth in Madagascar

Madagascar: Gross value added at basic prices (GVA) (constant LCU), annual growth was 2.99 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.99 % change on previous year
Change on year
down 24.7%
World rank
107th
of 195 countries
All-time high
10.16 % change on previous year
in 1979
All-time low
-11.71 % change on previous year
in 2002
Years of data
49
1961–2025

Gross value added at basic prices (GVA) (constant LCU), annual growth in Madagascar, 1961–2025

-10-50510196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Madagascar is 2.99 % change on previous year, measured in 2025.

The figure is down 24.7% on the previous year and up 43.6% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Madagascar peaked at 10.16 % change on previous year in 1979 and was at its lowest, -11.71 % change on previous year, in 2002.

Madagascar ranks 107th of 195 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (constant LCU), annual growth in Madagascar, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), annual growth rate in Madagascar, 1961 to 2025.
Year % change on previous year Change
1961 2.05 % change on previous year
1962 2.02 % change on previous year -1.8%
1963 -1.62 % change on previous year -180.3%
1964 3.58 % change on previous year -321.0%
1965 -0.9861 % change on previous year -127.6%
1966 2.31 % change on previous year -334.0%
1967 5.77 % change on previous year +150.3%
1968 5.91 % change on previous year +2.3%
1969 3.03 % change on previous year -48.7%
1970 5.29 % change on previous year +74.4%
1971 2.81 % change on previous year -46.9%
1972 -0.5288 % change on previous year -118.8%
1973 -2.62 % change on previous year +396.0%
1974 2 % change on previous year -176.3%
1975 1.26 % change on previous year -37.1%
1976 -3.16 % change on previous year -350.7%
1977 2.67 % change on previous year -184.6%
1978 -3.74 % change on previous year -240.0%
1979 10.16 % change on previous year -371.8%
1996 2.21 % change on previous year -78.2%
1997 3.67 % change on previous year +65.8%
1998 3.89 % change on previous year +5.9%
1999 4.67 % change on previous year +20.1%
2000 4.03 % change on previous year -13.7%
2001 5.54 % change on previous year +37.5%
2002 -11.71 % change on previous year -311.6%
2003 8.45 % change on previous year -172.1%
2004 5.12 % change on previous year -39.4%
2005 4.65 % change on previous year -9.3%
2006 5.34 % change on previous year +15.0%
2007 5.6 % change on previous year +4.9%
2008 5.92 % change on previous year +5.6%
2009 -2.46 % change on previous year -141.6%
2010 -0.299 % change on previous year -87.9%
2011 1.14 % change on previous year -482.7%
2012 3.11 % change on previous year +171.7%
2013 2.04 % change on previous year -34.3%
2014 3.11 % change on previous year +52.4%
2015 2.09 % change on previous year -32.9%
2016 3.43 % change on previous year +64.6%
2017 3.92 % change on previous year +14.1%
2018 1.17 % change on previous year -70.0%
2019 5.07 % change on previous year +332.2%
2020 -9.43 % change on previous year -286.0%
2021 6.21 % change on previous year -165.9%
2022 4.04 % change on previous year -34.9%
2023 4.49 % change on previous year +11.0%
2024 3.98 % change on previous year -11.3%
2025 2.99 % change on previous year -24.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.45 % change on previous year -1.62 % change on previous year 5.91 % change on previous year 9
1970s 1.41 % change on previous year -3.74 % change on previous year 10.16 % change on previous year 10
1990s 3.61 % change on previous year 2.21 % change on previous year 4.67 % change on previous year 4
2000s 3.05 % change on previous year -11.71 % change on previous year 8.45 % change on previous year 10
2010s 2.48 % change on previous year -0.299 % change on previous year 5.07 % change on previous year 10
2020s 2.05 % change on previous year -9.43 % change on previous year 6.21 % change on previous year 6

Countries ranked near Madagascar

  1. 104 Pakistan 3.06 % change on previous year compare
  2. 105 Poland 3.03 % change on previous year compare
  3. 106 Solomon Islands 3 % change on previous year compare
  4. 108 Jordan 2.98 % change on previous year compare
  5. 109 Cameroon 2.96 % change on previous year compare
  6. 110 Lithuania 2.92 % change on previous year compare

See the full ranking of 196 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross value added at basic prices (gva) (constant lcu), annual growth in Madagascar?
Gross value added at basic prices (gva) (constant lcu), annual growth in Madagascar was 2.99 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Madagascar?
The highest recorded value was 10.16 % change on previous year in 1979.
What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Madagascar?
The lowest recorded value was -11.71 % change on previous year in 2002.
How does Madagascar rank for gross value added at basic prices (gva) (constant lcu), annual growth?
Madagascar ranks 107th out of 195 countries with data for 2025.
Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Madagascar?
Over the last ten years it is up 43.6%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), annual growth in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 8,134 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.