Industry (including construction), value added in Madagascar
Madagascar: Industry (including construction), value added was 6.41 trillion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Madagascar, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Madagascar stood at 6.41 trillion constant LCU. That is the highest value across all 31 years on record.
The figure is up 4.5% on the previous year and up 42.6% over ten years.
Over the whole period, industry (including construction), value added in Madagascar peaked at 6.41 trillion constant LCU in 2025 and was at its lowest, 2.35 trillion constant LCU, in 2002.
Madagascar ranks 31st of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Industry (including construction), value added in Madagascar, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 2.83 trillion constant LCU | — |
| 1996 | 2.42 trillion constant LCU | -14.3% |
| 1997 | 2.49 trillion constant LCU | +2.5% |
| 1998 | 2.56 trillion constant LCU | +2.8% |
| 1999 | 2.60 trillion constant LCU | +1.7% |
| 2000 | 2.80 trillion constant LCU | +7.6% |
| 2001 | 3.04 trillion constant LCU | +8.6% |
| 2002 | 2.35 trillion constant LCU | -22.8% |
| 2003 | 2.58 trillion constant LCU | +10.1% |
| 2004 | 2.70 trillion constant LCU | +4.6% |
| 2005 | 2.79 trillion constant LCU | +3.1% |
| 2006 | 2.88 trillion constant LCU | +3.4% |
| 2007 | 3.02 trillion constant LCU | +4.8% |
| 2008 | 3.50 trillion constant LCU | +15.8% |
| 2009 | 3.10 trillion constant LCU | -11.4% |
| 2010 | 3.17 trillion constant LCU | +2.5% |
| 2011 | 3.23 trillion constant LCU | +1.8% |
| 2012 | 3.45 trillion constant LCU | +6.6% |
| 2013 | 3.95 trillion constant LCU | +14.7% |
| 2014 | 4.17 trillion constant LCU | +5.6% |
| 2015 | 4.50 trillion constant LCU | +7.8% |
| 2016 | 4.73 trillion constant LCU | +5.2% |
| 2017 | 5.02 trillion constant LCU | +6.2% |
| 2018 | 5.23 trillion constant LCU | +4.2% |
| 2019 | 5.66 trillion constant LCU | +8.1% |
| 2020 | 4.44 trillion constant LCU | -21.6% |
| 2021 | 5.32 trillion constant LCU | +19.7% |
| 2022 | 5.66 trillion constant LCU | +6.5% |
| 2023 | 5.97 trillion constant LCU | +5.5% |
| 2024 | 6.14 trillion constant LCU | +2.8% |
| 2025 | 6.41 trillion constant LCU | +4.5% |
Madagascar compared with similar countries
- Madagascar's 6.41 trillion constant LCU is above the median for low income countries, which is 268.01 billion constant LCU, 23.9× the median. (23 countries reporting)
- Madagascar's 6.41 trillion constant LCU is above the median for Sub-Saharan Africa, which is 857.07 billion constant LCU, 7.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.58 trillion constant LCU | 2.42 trillion constant LCU | 2.83 trillion constant LCU | 5 |
| 2000s | 2.87 trillion constant LCU | 2.35 trillion constant LCU | 3.50 trillion constant LCU | 10 |
| 2010s | 4.31 trillion constant LCU | 3.17 trillion constant LCU | 5.66 trillion constant LCU | 10 |
| 2020s | 5.66 trillion constant LCU | 4.44 trillion constant LCU | 6.41 trillion constant LCU | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is industry (including construction), value added in Madagascar?
- Industry (including construction), value added in Madagascar was 6.41 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Madagascar?
- The highest recorded value was 6.41 trillion constant LCU in 2025.
- What is the lowest industry (including construction), value added recorded in Madagascar?
- The lowest recorded value was 2.35 trillion constant LCU in 2002.
- How does Madagascar rank for industry (including construction), value added?
- Madagascar ranks 31st out of 200 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Madagascar?
- Over the last ten years it is up 42.6%. 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 Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.