Industry (including construction), value added in Madagascar
Madagascar: Industry (including construction), value added was 4.69 billion current US$ in 2025. ▲ Rising
Industry (including construction), value added in Madagascar, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, industry (including construction), value added in Madagascar stood at 4.69 billion current US$. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 16.3% on the previous year and up 118.6% over ten years.
Over the whole period, industry (including construction), value added in Madagascar peaked at 4.69 billion current US$ in 2025 and was at its lowest, 1.61 billion current US$, in 2007.
Madagascar ranks 131st of 209 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Industry (including construction), value added in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 1.61 billion current US$ | — |
| 2008 | 2.20 billion current US$ | +36.2% |
| 2009 | 1.81 billion current US$ | -17.5% |
| 2010 | 1.80 billion current US$ | -0.7% |
| 2011 | 2.06 billion current US$ | +14.7% |
| 2012 | 2.00 billion current US$ | -3.0% |
| 2013 | 2.23 billion current US$ | +11.2% |
| 2014 | 2.41 billion current US$ | +8.3% |
| 2015 | 2.15 billion current US$ | -11.0% |
| 2016 | 2.30 billion current US$ | +7.2% |
| 2017 | 2.65 billion current US$ | +15.2% |
| 2018 | 2.96 billion current US$ | +11.5% |
| 2019 | 3.17 billion current US$ | +7.1% |
| 2020 | 2.54 billion current US$ | -19.7% |
| 2021 | 3.19 billion current US$ | +25.7% |
| 2022 | 3.45 billion current US$ | +8.1% |
| 2023 | 3.71 billion current US$ | +7.4% |
| 2024 | 4.03 billion current US$ | +8.7% |
| 2025 | 4.69 billion current US$ | +16.3% |
Madagascar compared with similar countries
- Madagascar's 4.69 billion current US$ is above the median for low income countries, which is 3.79 billion current US$, 1.2× the median. (24 countries reporting)
- Madagascar's 4.69 billion current US$ is below the median for Sub-Saharan Africa, which is 4.81 billion current US$, 97% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.87 billion current US$ | 1.61 billion current US$ | 2.20 billion current US$ | 3 |
| 2010s | 2.37 billion current US$ | 1.80 billion current US$ | 3.17 billion current US$ | 10 |
| 2020s | 3.60 billion current US$ | 2.54 billion current US$ | 4.69 billion current US$ | 6 |
Countries ranked near Madagascar
- 128 Laos 5.34 billion current US$ compare
- 129 Equatorial Guinea 5.31 billion current US$ compare
- 130 Mozambique 4.93 billion current US$ compare
- 132 Tajikistan 4.68 billion current US$ compare
- 133 North Macedonia 4.60 billion current US$ compare
- 134 Cyprus 4.60 billion current US$ compare
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 4.69 billion current US$ 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 4.69 billion current US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Madagascar?
- The lowest recorded value was 1.61 billion current US$ in 2007.
- How does Madagascar rank for industry (including construction), value added?
- Madagascar ranks 131st out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Madagascar?
- Over the last ten years it is up 118.6%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.