Manufacturing, value added (constant 2015 US$), per capita (capita) in Madagascar
Madagascar: Manufacturing, value added (constant 2015 US$), per capita (capita) was 43.45 constant 2015 US$ per person in 2024. ▼ Falling
Manufacturing, value added (constant 2015 US$), per capita in Madagascar, 2007–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2024, manufacturing, value added (constant 2015 us$), per capita in Madagascar stood at 43.45 constant 2015 US$ per person.
Compared with earlier readings it is up 6.6% on the previous year and up 14.9% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), per capita in Madagascar peaked at 48.22 constant 2015 US$ per person in 2008 and was at its lowest, 35.32 constant 2015 US$ per person, in 2020.
That places Madagascar 176th out of 185 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Manufacturing, value added (constant 2015 US$), per capita (capita) in Madagascar, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2007 | 46.85 constant 2015 US$ per person | — |
| 2008 | 48.22 constant 2015 US$ per person | +2.9% |
| 2009 | 42.98 constant 2015 US$ per person | -10.9% |
| 2010 | 40.97 constant 2015 US$ per person | -4.7% |
| 2011 | 40.04 constant 2015 US$ per person | -2.3% |
| 2012 | 39.8 constant 2015 US$ per person | -0.6% |
| 2013 | 37.9 constant 2015 US$ per person | -4.8% |
| 2014 | 37.82 constant 2015 US$ per person | -0.2% |
| 2015 | 37.89 constant 2015 US$ per person | +0.2% |
| 2016 | 38.98 constant 2015 US$ per person | +2.9% |
| 2017 | 39.6 constant 2015 US$ per person | +1.6% |
| 2018 | 40.45 constant 2015 US$ per person | +2.1% |
| 2019 | 41.23 constant 2015 US$ per person | +1.9% |
| 2020 | 35.32 constant 2015 US$ per person | -14.3% |
| 2021 | 39.19 constant 2015 US$ per person | +10.9% |
| 2022 | 41.29 constant 2015 US$ per person | +5.4% |
| 2023 | 40.77 constant 2015 US$ per person | -1.3% |
| 2024 | 43.45 constant 2015 US$ per person | +6.6% |
Madagascar compared with similar countries
- Madagascar's 43.45 constant 2015 US$ per person is below the median for low income countries, which is 63.7 constant 2015 US$ per person, 68% of the median. (17 countries reporting)
- Madagascar's 43.45 constant 2015 US$ per person is below the median for Sub-Saharan Africa, which is 136.74 constant 2015 US$ per person, 32% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.02 constant 2015 US$ per person | 42.98 constant 2015 US$ per person | 48.22 constant 2015 US$ per person | 3 |
| 2010s | 39.47 constant 2015 US$ per person | 37.82 constant 2015 US$ per person | 41.23 constant 2015 US$ per person | 10 |
| 2020s | 40.01 constant 2015 US$ per person | 35.32 constant 2015 US$ per person | 43.45 constant 2015 US$ per person | 5 |
Countries ranked near Madagascar
- 173 Sierra Leone 58.6 constant 2015 US$ per person compare
- 174 Nepal 56.29 constant 2015 US$ per person compare
- 175 Ethiopia 53.92 constant 2015 US$ per person compare
- 177 Papua New Guinea 42.52 constant 2015 US$ per person compare
- 178 Niger 41.93 constant 2015 US$ per person compare
- 179 South Sudan 38.18 constant 2015 US$ per person compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added (constant 2015 us$), per capita in Madagascar?
- Manufacturing, value added (constant 2015 us$), per capita in Madagascar was 43.45 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), per capita recorded in Madagascar?
- The highest recorded value was 48.22 constant 2015 US$ per person in 2008.
- What is the lowest manufacturing, value added (constant 2015 us$), per capita recorded in Madagascar?
- The lowest recorded value was 35.32 constant 2015 US$ per person in 2020.
- How does Madagascar rank for manufacturing, value added (constant 2015 us$), per capita?
- Madagascar ranks 176th out of 185 countries with data for 2024.
- Is manufacturing, value added (constant 2015 us$), per capita rising or falling in Madagascar?
- Over the last ten years it is up 14.9%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant 2015 US$) ÷ Population, total
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.