Manufacturing, value added (constant LCU), annual growth rate in Madagascar
Madagascar: Manufacturing, value added (constant LCU), annual growth rate was 9.2 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), 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 lcu), annual growth rate in 2024.
Compared with earlier readings it is up 664.8% on the previous year and up 267.1% over ten years.
Over the whole period, manufacturing, value added (constant lcu), 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 190 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 LCU), 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 | 0.5439 % change on previous year | -128.9% |
| 2012 | 2.2 % change on previous year | +305.2% |
| 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 | 5.62 % change on previous year | +97.3% |
| 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 | +664.8% |
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 | 5.62 % 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
- 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 manufacturing, value added (constant lcu), annual growth rate in Madagascar?
- Manufacturing, value added (constant lcu), 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 lcu), 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 lcu), 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 lcu), annual growth rate?
- Madagascar ranks 22nd out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.