Industry (including construction), value added in Madagascar
Madagascar: Industry (including construction), value added was 23.9% in 2025. ▲ Rising
Industry (including construction), value added in Madagascar, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, industry (including construction), value added in Madagascar stood at 23.9%. That is the highest value across all 19 years on record.
The figure is up 4.3% on the previous year and up 26.1% over ten years.
Over the whole period, industry (including construction), value added in Madagascar peaked at 23.9% in 2025 and was at its lowest, 17.3%, in 2012.
That places Madagascar 101st out of 207 countries with data for 2025, putting it 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 | % of GDP | Change |
|---|---|---|
| 2007 | 18.9% | — |
| 2008 | 20.5% | +8.3% |
| 2009 | 18.8% | -8.0% |
| 2010 | 18.0% | -4.4% |
| 2011 | 17.9% | -0.9% |
| 2012 | 17.3% | -3.2% |
| 2013 | 17.9% | +3.7% |
| 2014 | 19.2% | +7.5% |
| 2015 | 19.0% | -1.6% |
| 2016 | 19.4% | +2.4% |
| 2017 | 20.1% | +3.6% |
| 2018 | 21.5% | +6.8% |
| 2019 | 22.4% | +4.5% |
| 2020 | 19.5% | -13.3% |
| 2021 | 22.3% | +14.3% |
| 2022 | 22.5% | +1.1% |
| 2023 | 23.1% | +2.8% |
| 2024 | 22.9% | -0.9% |
| 2025 | 23.9% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.4% | 18.8% | 20.5% | 3 |
| 2010s | 19.3% | 17.3% | 22.4% | 10 |
| 2020s | 22.4% | 19.5% | 23.9% | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4,187 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.51 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6902 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 413.62 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,123 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 672,982 constant LCU per person (2025)
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Madagascar?
- Industry (including construction), value added in Madagascar was 23.9% 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 23.9% in 2025.
- What is the lowest industry (including construction), value added recorded in Madagascar?
- The lowest recorded value was 17.3% in 2012.
- How does Madagascar rank for industry (including construction), value added?
- Madagascar ranks 101st out of 207 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Madagascar?
- Over the last ten years it is up 26.1%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.