Manufacturing, value added (constant LCU), per unit of GDP in Madagascar
Madagascar: Manufacturing, value added (constant LCU), per unit of GDP was 121.4 constant LCU per US$ of GDP in 2024. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Madagascar, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Madagascar recorded 121.4 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 5.6% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Madagascar peaked at 171.7 constant LCU per US$ of GDP in 2007 and was at its lowest, 113.09 constant LCU per US$ of GDP, in 2013.
Madagascar ranks 14th of 190 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 18 years of available data.
Manufacturing, value added (constant LCU), per unit of GDP in Madagascar, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 171.7 constant LCU per US$ of GDP | — |
| 2008 | 144.64 constant LCU per US$ of GDP | -15.8% |
| 2009 | 148.09 constant LCU per US$ of GDP | +2.4% |
| 2010 | 139.98 constant LCU per US$ of GDP | -5.5% |
| 2011 | 121.62 constant LCU per US$ of GDP | -13.1% |
| 2012 | 124.01 constant LCU per US$ of GDP | +2.0% |
| 2013 | 113.09 constant LCU per US$ of GDP | -8.8% |
| 2014 | 115.01 constant LCU per US$ of GDP | +1.7% |
| 2015 | 130.82 constant LCU per US$ of GDP | +13.7% |
| 2016 | 132.04 constant LCU per US$ of GDP | +0.9% |
| 2017 | 123.79 constant LCU per US$ of GDP | -6.2% |
| 2018 | 124.28 constant LCU per US$ of GDP | +0.4% |
| 2019 | 126.83 constant LCU per US$ of GDP | +2.1% |
| 2020 | 120.5 constant LCU per US$ of GDP | -5.0% |
| 2021 | 124.63 constant LCU per US$ of GDP | +3.4% |
| 2022 | 125.96 constant LCU per US$ of GDP | +1.1% |
| 2023 | 121.96 constant LCU per US$ of GDP | -3.2% |
| 2024 | 121.4 constant LCU per US$ of GDP | -0.5% |
Madagascar compared with similar countries
- Madagascar's 121.4 constant LCU per US$ of GDP is above the median for low income countries, which is 35.84 constant LCU per US$ of GDP, 3.4× the median. (20 countries reporting)
- Madagascar's 121.4 constant LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 19.52 constant LCU per US$ of GDP, 6.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 154.81 constant LCU per US$ of GDP | 144.64 constant LCU per US$ of GDP | 171.7 constant LCU per US$ of GDP | 3 |
| 2010s | 125.15 constant LCU per US$ of GDP | 113.09 constant LCU per US$ of GDP | 139.98 constant LCU per US$ of GDP | 10 |
| 2020s | 122.89 constant LCU per US$ of GDP | 120.5 constant LCU per US$ of GDP | 125.96 constant LCU per US$ of GDP | 5 |
Countries ranked near Madagascar
- 11 Colombia 247.17 constant LCU per US$ of GDP compare
- 12 Myanmar 200.7 constant LCU per US$ of GDP compare
- 13 Tanzania, United Republic of 151.19 constant LCU per US$ of GDP compare
- 15 Rwanda 109.06 constant LCU per US$ of GDP compare
- 16 Lebanon 107.58 constant LCU per US$ of GDP compare
- 17 Mongolia 102.33 constant LCU per US$ of GDP 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), per unit of gdp in Madagascar?
- Manufacturing, value added (constant lcu), per unit of gdp in Madagascar was 121.4 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Madagascar?
- The highest recorded value was 171.7 constant LCU per US$ of GDP in 2007.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 113.09 constant LCU per US$ of GDP in 2013.
- How does Madagascar rank for manufacturing, value added (constant lcu), per unit of gdp?
- Madagascar ranks 14th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 5.6%. 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.