Gross value added at basic prices (GVA) in Madagascar
Madagascar: Gross value added at basic prices (GVA) was 22.03 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Madagascar recorded 22.03 trillion constant LCU for gross value added at basic prices (gva) in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 28.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Madagascar peaked at 22.03 trillion constant LCU in 2025 and was at its lowest, 6.68 trillion constant LCU, in 1960.
Madagascar ranks 30th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.25 trillion constant LCU | 6.68 trillion constant LCU | 8.28 trillion constant LCU | 10 |
| 1970s | 8.87 trillion constant LCU | 8.58 trillion constant LCU | 9.45 trillion constant LCU | 10 |
| 1990s | 10.74 trillion constant LCU | 10.07 trillion constant LCU | 11.60 trillion constant LCU | 5 |
| 2000s | 13.48 trillion constant LCU | 11.25 trillion constant LCU | 15.81 trillion constant LCU | 10 |
| 2010s | 17.21 trillion constant LCU | 15.37 trillion constant LCU | 19.67 trillion constant LCU | 10 |
| 2020s | 20.07 trillion constant LCU | 17.82 trillion constant LCU | 22.03 trillion constant LCU | 6 |
Countries ranked near Madagascar
- 27 Cameroon 24.38 trillion constant LCU compare
- 28 Mexico 24.09 trillion constant LCU compare
- 29 Philippines 23.23 trillion constant LCU compare
- 31 Rwanda 20.61 trillion constant LCU compare
- 32 Democratic Republic of Congo 17.27 trillion constant LCU compare
- 33 Kazakhstan 17.25 trillion constant LCU compare
More economy & growth data for Madagascar
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Madagascar?
- Gross value added at basic prices (gva) in Madagascar was 22.03 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Madagascar?
- The highest recorded value was 22.03 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Madagascar?
- The lowest recorded value was 6.68 trillion constant LCU in 1960.
- How does Madagascar rank for gross value added at basic prices (gva)?
- Madagascar ranks 30th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Madagascar?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.