Gross value added at basic prices … current LCU annual growth rate in Madagascar
Madagascar: Gross value added at basic prices … current LCU annual growth rate was 11.63 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Madagascar, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Madagascar is 11.63 % change on previous year, measured in 2025.
The figure is down 3.8% on the previous year and up 21.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Madagascar peaked at 25.26 % change on previous year in 1974 and was at its lowest, -4.45 % change on previous year, in 2020.
Madagascar ranks 47th of 205 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 3.88 % change on previous year | — |
| 1962 | 5.48 % change on previous year | +41.1% |
| 1963 | 2 % change on previous year | -63.5% |
| 1964 | 5.29 % change on previous year | +164.7% |
| 1965 | 3.32 % change on previous year | -37.3% |
| 1966 | 8.26 % change on previous year | +149.0% |
| 1967 | 6.49 % change on previous year | -21.4% |
| 1968 | 6.93 % change on previous year | +6.9% |
| 1969 | 7.01 % change on previous year | +1.1% |
| 1970 | 12.56 % change on previous year | +79.0% |
| 1971 | 6.5 % change on previous year | -48.3% |
| 1972 | 2.48 % change on previous year | -61.8% |
| 1973 | 8.97 % change on previous year | +261.6% |
| 1974 | 25.26 % change on previous year | +181.8% |
| 1975 | 6.01 % change on previous year | -76.2% |
| 1976 | 6.46 % change on previous year | +7.4% |
| 1977 | 11.5 % change on previous year | +78.1% |
| 1978 | 2.8 % change on previous year | -75.6% |
| 1979 | 22.64 % change on previous year | +708.6% |
| 1996 | 22.62 % change on previous year | -0.1% |
| 1997 | 7.68 % change on previous year | -66.0% |
| 1998 | 9.79 % change on previous year | +27.5% |
| 1999 | 10.92 % change on previous year | +11.5% |
| 2000 | 16.68 % change on previous year | +52.7% |
| 2001 | 15.99 % change on previous year | -4.1% |
| 2002 | 3.51 % change on previous year | -78.0% |
| 2003 | 5.83 % change on previous year | +66.0% |
| 2004 | 19.06 % change on previous year | +226.8% |
| 2005 | 23.88 % change on previous year | +25.3% |
| 2006 | 17.33 % change on previous year | -27.4% |
| 2007 | 16.26 % change on previous year | -6.1% |
| 2008 | 14.22 % change on previous year | -12.6% |
| 2009 | 3.99 % change on previous year | -71.9% |
| 2010 | 10.31 % change on previous year | +158.6% |
| 2011 | 12.19 % change on previous year | +18.1% |
| 2012 | 8.77 % change on previous year | -28.0% |
| 2013 | 7.55 % change on previous year | -14.0% |
| 2014 | 10.39 % change on previous year | +37.7% |
| 2015 | 9.6 % change on previous year | -7.6% |
| 2016 | 13.21 % change on previous year | +37.7% |
| 2017 | 9.29 % change on previous year | -29.7% |
| 2018 | 10.51 % change on previous year | +13.2% |
| 2019 | 12.23 % change on previous year | +16.4% |
| 2020 | -4.45 % change on previous year | -136.4% |
| 2021 | 11.15 % change on previous year | -350.8% |
| 2022 | 13.89 % change on previous year | +24.5% |
| 2023 | 13.93 % change on previous year | +0.3% |
| 2024 | 12.09 % change on previous year | -13.2% |
| 2025 | 11.63 % change on previous year | -3.8% |
Madagascar compared with similar countries
- Madagascar's 11.63 % change on previous year is below the median for low income countries, which is 14.21 % change on previous year, 82% of the median. (23 countries reporting)
- Madagascar's 11.63 % change on previous year is above the median for Sub-Saharan Africa, which is 9.86 % change on previous year, 1.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +708.6% | 2.8 % change on previous year | 22.64 % change on previous year |
| 2021 | +350.8% | -4.45 % change on previous year | 11.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.41 % change on previous year | 2 % change on previous year | 8.26 % change on previous year | 9 |
| 1970s | 10.52 % change on previous year | 2.48 % change on previous year | 25.26 % change on previous year | 10 |
| 1990s | 12.75 % change on previous year | 7.68 % change on previous year | 22.62 % change on previous year | 4 |
| 2000s | 13.67 % change on previous year | 3.51 % change on previous year | 23.88 % change on previous year | 10 |
| 2010s | 10.4 % change on previous year | 7.55 % change on previous year | 13.21 % change on previous year | 10 |
| 2020s | 9.71 % change on previous year | -4.45 % change on previous year | 13.93 % change on previous year | 6 |
Countries ranked near Madagascar
- 44 Samoa 11.96 % change on previous year compare
- 45 Vietnam 11.78 % change on previous year compare
- 46 Uganda 11.71 % change on previous year compare
- 48 Djibouti 11.38 % change on previous year compare
- 49 Bangladesh 11.28 % change on previous year compare
- 50 Tanzania 11.27 % change on previous year compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Madagascar?
- Gross value added at basic prices (gva) (current lcu), annual growth in Madagascar was 11.63 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Madagascar?
- The highest recorded value was 25.26 % change on previous year in 1974.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Madagascar?
- The lowest recorded value was -4.45 % change on previous year in 2020.
- How does Madagascar rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Madagascar ranks 47th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Madagascar?
- Over the last ten years it is up 21.2%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.