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

Madagascar: Gross value added at basic prices (GVA) (current LCU), annual growth was 11.63 % change on previous year in 2025. ◆ Volatile

Latest (2025)
11.63 % change on previous year
Change on year
down 3.8%
World rank
47th
of 205 countries
All-time high
25.26 % change on previous year
in 1974
All-time low
-4.45 % change on previous year
in 2020
Years of data
49
1961–2025

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

0102030196119932025

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 (GVA) (current LCU), annual growth in Madagascar, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Madagascar, 1961 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 44 Samoa 11.96 % change on previous year compare
  2. 45 Vietnam 11.78 % change on previous year compare
  3. 46 Uganda 11.71 % change on previous year compare
  4. 48 Djibouti 11.38 % change on previous year compare
  5. 49 Bangladesh 11.28 % change on previous year compare
  6. 50 Tanzania 11.27 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Madagascar

All data for Madagascar →

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.

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Gross value added at basic prices (GVA) (current 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-current-lcu-annual-growth-rate/madagascar/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/madagascar/">Gross value added at basic prices (GVA) (current LCU), annual growth in Madagascar</a> — Statizoid

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

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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.