Manufacturing, value added (current LCU), annual growth rate in Madagascar
Madagascar: Manufacturing, value added (current LCU), annual growth rate was 13 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current LCU), annual growth rate in Madagascar, 2008–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (current lcu), annual growth rate in Madagascar is 13 % change on previous year, measured in 2024.
Compared with earlier readings it is down 40.7% on the previous year and down 16.3% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Madagascar peaked at 35.79 % change on previous year in 2016 and was at its lowest, -6.64 % change on previous year, in 2020.
Madagascar ranks 40th of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 21.31 % change on previous year | — |
| 2009 | -2.97 % change on previous year | -113.9% |
| 2010 | 8.48 % change on previous year | -386.0% |
| 2011 | 9.19 % change on previous year | +8.4% |
| 2012 | 7.91 % change on previous year | -14.0% |
| 2013 | 7.44 % change on previous year | -5.9% |
| 2014 | 15.52 % change on previous year | +108.7% |
| 2015 | 3.38 % change on previous year | -78.2% |
| 2016 | 35.79 % change on previous year | +957.4% |
| 2017 | -1.69 % change on previous year | -104.7% |
| 2018 | 13.96 % change on previous year | -927.9% |
| 2019 | 19.77 % change on previous year | +41.6% |
| 2020 | -6.64 % change on previous year | -133.6% |
| 2021 | 30.01 % change on previous year | -552.1% |
| 2022 | 21.29 % change on previous year | -29.1% |
| 2023 | 21.94 % change on previous year | +3.0% |
| 2024 | 13 % change on previous year | -40.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.17 % change on previous year | -2.97 % change on previous year | 21.31 % change on previous year | 2 |
| 2010s | 11.98 % change on previous year | -1.69 % change on previous year | 35.79 % change on previous year | 10 |
| 2020s | 15.92 % change on previous year | -6.64 % change on previous year | 30.01 % change on previous year | 5 |
Countries ranked near Madagascar
- 37 Eritrea 13.26 % change on previous year
- 38 Lao People's Democratic Republic 13.18 % change on previous year compare
- 39 Bangladesh 13 % change on previous year compare
- 41 Nigeria 12.96 % change on previous year compare
- 42 Sudan 12.86 % change on previous year
- 43 Honduras 12.8 % 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 (current lcu), annual growth rate in Madagascar?
- Manufacturing, value added (current lcu), annual growth rate in Madagascar was 13 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Madagascar?
- The highest recorded value was 35.79 % change on previous year in 2016.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Madagascar?
- The lowest recorded value was -6.64 % change on previous year in 2020.
- How does Madagascar rank for manufacturing, value added (current lcu), annual growth rate?
- Madagascar ranks 40th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 16.3%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.