Manufacturing, value added (constant 2015 US$), annual growth rate in Madagascar
Madagascar: Manufacturing, value added (constant 2015 US$), annual growth rate was 9.2 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (constant 2015 US$), annual growth rate in Madagascar, 2008–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 9.2 % change on previous year for manufacturing, value added (constant 2015 us$), annual growth rate in 2024.
The figure is up 664.7% on the previous year and up 267.1% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), annual growth rate in Madagascar peaked at 13.76 % change on previous year in 2021 and was at its lowest, -12.09 % change on previous year, in 2020.
That places Madagascar 22nd out of 185 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant 2015 US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 5.98 % change on previous year | — |
| 2009 | -8.19 % change on previous year | -236.9% |
| 2010 | -1.88 % change on previous year | -77.0% |
| 2011 | 0.5444 % change on previous year | -128.9% |
| 2012 | 2.2 % change on previous year | +304.8% |
| 2013 | -2.15 % change on previous year | -197.7% |
| 2014 | 2.51 % change on previous year | -216.5% |
| 2015 | 2.85 % change on previous year | +13.6% |
| 2016 | 5.61 % change on previous year | +97.2% |
| 2017 | 4.26 % change on previous year | -24.1% |
| 2018 | 4.84 % change on previous year | +13.7% |
| 2019 | 4.61 % change on previous year | -4.9% |
| 2020 | -12.09 % change on previous year | -362.4% |
| 2021 | 13.76 % change on previous year | -213.8% |
| 2022 | 8.02 % change on previous year | -41.7% |
| 2023 | 1.2 % change on previous year | -85.0% |
| 2024 | 9.2 % change on previous year | +664.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.1 % change on previous year | -8.19 % change on previous year | 5.98 % change on previous year | 2 |
| 2010s | 2.34 % change on previous year | -2.15 % change on previous year | 5.61 % change on previous year | 10 |
| 2020s | 4.02 % change on previous year | -12.09 % change on previous year | 13.76 % change on previous year | 5 |
Countries ranked near Madagascar
- 19 Kyrgyzstan 9.8 % change on previous year compare
- 20 Lesotho 9.77 % change on previous year compare
- 21 Cambodia 9.76 % change on previous year compare
- 23 Denmark 9.17 % change on previous year compare
- 24 Chad 9.14 % change on previous year compare
- 25 Singapore 8.71 % change on previous year compare
More economy & growth data for Madagascar
- Manufacturing, value added (current US$), per unit of GDP 0.1312 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 72.21 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 593.75 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 326,786 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.079 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 43.45 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 66,816 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 16.31 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.239 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 143.24 current US$ per person (2025)
Frequently asked questions
- What is manufacturing, value added (constant 2015 us$), annual growth rate in Madagascar?
- Manufacturing, value added (constant 2015 us$), annual growth rate in Madagascar was 9.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 13.76 % change on previous year in 2021.
- What is the lowest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -12.09 % change on previous year in 2020.
- How does Madagascar rank for manufacturing, value added (constant 2015 us$), annual growth rate?
- Madagascar ranks 22nd out of 185 countries with data for 2024.
- Is manufacturing, value added (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Manufacturing, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.