Gross value added at basic prices (GVA) (current US$) in Madagascar
Madagascar: Gross value added at basic prices (GVA) (current US$) was 18.14 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Madagascar, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Madagascar is 18.14 billion current US$, measured in 2025. That is the highest value across all 51 years on record.
That represents a change of up 11.5% on the previous year and up 71.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Madagascar peaked at 18.14 billion current US$ in 2025 and was at its lowest, 620.01 million current US$, in 1960.
That places Madagascar 133rd out of 207 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 620.01 million current US$ | — |
| 1961 | 644.07 million current US$ | +3.9% |
| 1962 | 679.33 million current US$ | +5.5% |
| 1963 | 692.91 million current US$ | +2.0% |
| 1964 | 729.56 million current US$ | +5.3% |
| 1965 | 753.76 million current US$ | +3.3% |
| 1966 | 816.00 million current US$ | +8.3% |
| 1967 | 868.93 million current US$ | +6.5% |
| 1968 | 929.18 million current US$ | +6.9% |
| 1969 | 945.11 million current US$ | +1.7% |
| 1970 | 994.83 million current US$ | +5.3% |
| 1971 | 1.06 billion current US$ | +6.7% |
| 1972 | 1.20 billion current US$ | +12.7% |
| 1973 | 1.47 billion current US$ | +23.2% |
| 1974 | 1.71 billion current US$ | +16.0% |
| 1975 | 2.04 billion current US$ | +19.1% |
| 1976 | 1.94 billion current US$ | -4.5% |
| 1977 | 2.11 billion current US$ | +8.4% |
| 1978 | 2.36 billion current US$ | +11.9% |
| 1979 | 3.07 billion current US$ | +30.1% |
| 1995 | 3.65 billion current US$ | +18.8% |
| 1996 | 4.70 billion current US$ | +28.8% |
| 1997 | 4.03 billion current US$ | -14.1% |
| 1998 | 4.14 billion current US$ | +2.7% |
| 1999 | 3.98 billion current US$ | -3.9% |
| 2000 | 4.31 billion current US$ | +8.3% |
| 2001 | 5.14 billion current US$ | +19.1% |
| 2002 | 5.13 billion current US$ | -0.2% |
| 2003 | 5.99 billion current US$ | +16.8% |
| 2004 | 4.73 billion current US$ | -21.1% |
| 2005 | 5.46 billion current US$ | +15.6% |
| 2006 | 5.99 billion current US$ | +9.7% |
| 2007 | 7.96 billion current US$ | +32.9% |
| 2008 | 9.98 billion current US$ | +25.3% |
| 2009 | 9.06 billion current US$ | -9.2% |
| 2010 | 9.36 billion current US$ | +3.3% |
| 2011 | 10.83 billion current US$ | +15.8% |
| 2012 | 10.87 billion current US$ | +0.4% |
| 2013 | 11.63 billion current US$ | +7.0% |
| 2014 | 11.73 billion current US$ | +0.9% |
| 2015 | 10.58 billion current US$ | -9.8% |
| 2016 | 11.06 billion current US$ | +4.6% |
| 2017 | 12.33 billion current US$ | +11.4% |
| 2018 | 12.73 billion current US$ | +3.3% |
| 2019 | 13.17 billion current US$ | +3.4% |
| 2020 | 12.02 billion current US$ | -8.7% |
| 2021 | 13.21 billion current US$ | +9.9% |
| 2022 | 14.07 billion current US$ | +6.5% |
| 2023 | 14.82 billion current US$ | +5.4% |
| 2024 | 16.26 billion current US$ | +9.7% |
| 2025 | 18.14 billion current US$ | +11.5% |
Madagascar compared with similar countries
- Madagascar's 18.14 billion current US$ is above the median for low income countries, which is 18.14 billion current US$, 1.0× the median. (23 countries reporting)
- Madagascar's 18.14 billion current US$ is below the median for Sub-Saharan Africa, which is 18.79 billion current US$, 97% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 767.89 million current US$ | 620.01 million current US$ | 945.11 million current US$ | 10 |
| 1970s | 1.80 billion current US$ | 994.83 million current US$ | 3.07 billion current US$ | 10 |
| 1990s | 4.10 billion current US$ | 3.65 billion current US$ | 4.70 billion current US$ | 5 |
| 2000s | 6.38 billion current US$ | 4.31 billion current US$ | 9.98 billion current US$ | 10 |
| 2010s | 11.43 billion current US$ | 9.36 billion current US$ | 13.17 billion current US$ | 10 |
| 2020s | 14.75 billion current US$ | 12.02 billion current US$ | 18.14 billion current US$ | 6 |
Countries ranked near Madagascar
- 130 Kyrgyzstan 19.38 billion current US$ compare
- 131 Jamaica 19.27 billion current US$ compare
- 132 Botswana 18.79 billion current US$ compare
- 134 Moldova 17.45 billion current US$ compare
- 135 Afghanistan 16.71 billion current US$ compare
- 136 North Macedonia 16.62 billion current US$ compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) in Madagascar?
- Gross value added at basic prices (gva) in Madagascar was 18.14 billion current US$ 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 18.14 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Madagascar?
- The lowest recorded value was 620.01 million current US$ in 1960.
- How does Madagascar rank for gross value added at basic prices (gva)?
- Madagascar ranks 133rd out of 207 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 71.4%. The long-run trend across the full record is volatile.
- 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) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.