Manufacturing, value added in Madagascar
Madagascar: Manufacturing, value added was 9.2% in 2024. β Volatile
Manufacturing, value added in Madagascar, 2008β2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Madagascar recorded 9.2% for manufacturing, value added in 2024.
That represents a change of up 664.8% on the previous year and up 267.1% over ten years.
Over the whole period, manufacturing, value added in Madagascar peaked at 13.8% in 2021 and was at its lowest, -12.1%, in 2020.
Madagascar ranks 22nd of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.1% | -8.2% | 6.0% | 2 |
| 2010s | 2.3% | -2.2% | 5.6% | 10 |
| 2020s | 4.0% | -12.1% | 13.8% | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (2025)
Frequently asked questions
- What is manufacturing, value added in Madagascar?
- Manufacturing, value added in Madagascar was 9.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Madagascar?
- The highest recorded value was 13.8% in 2021.
- What is the lowest manufacturing, value added recorded in Madagascar?
- The lowest recorded value was -12.1% in 2020.
- How does Madagascar rank for manufacturing, value added?
- Madagascar ranks 22nd out of 192 countries with data for 2024.
- Is manufacturing, value added rising or falling in Madagascar?
- Over the last ten years it is up 267.1%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.