Manufacturing, value added (current US$), annual growth rate in Madagascar

Madagascar: Manufacturing, value added (current US$), annual growth rate was 10.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
10.6 % change on previous year
Change on year
down 16.9%
World rank
52nd
of 203 countries
All-time high
33.07 % change on previous year
in 2008
All-time low
-15.26 % change on previous year
in 2009
Years of data
17
2008–2024

Manufacturing, value added (current US$), annual growth rate in Madagascar, 2008–2024

-20-1001020302008201620242008: 33.1 % change on previous year2009: -15.3 % change on previous year2010: 1.5 % change on previous year2011: 12.7 % change on previous year2012: -0.445 % change on previous year2013: 6.9 % change on previous year2014: 5.6 % change on previous year2015: -14.9 % change on previous year2016: 25.4 % change on previous year2017: 0.22 % change on previous year2018: 6.5 % change on previous year2019: 10.4 % change on previous year2020: -10.8 % change on previous year2021: 28.6 % change on previous year2022: 13.4 % change on previous year2023: 12.8 % change on previous year2024: 10.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for manufacturing, value added (current us$), annual growth rate in Madagascar is 10.6 % change on previous year, measured in 2024.

Compared with earlier readings it is down 16.9% on the previous year and up 90.1% over ten years.

Over the whole period, manufacturing, value added (current us$), annual growth rate in Madagascar peaked at 33.07 % change on previous year in 2008 and was at its lowest, -15.26 % change on previous year, in 2009.

Madagascar ranks 52nd of 203 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Manufacturing, value added (current US$), annual growth rate in Madagascar, year by year

Annual values for Manufacturing, value added (current US$), annual growth rate in Madagascar, 2008 to 2024.
Year % change on previous year Change
2008 33.07 % change on previous year
2009 -15.26 % change on previous year -146.1%
2010 1.54 % change on previous year -110.1%
2011 12.69 % change on previous year +724.3%
2012 -0.4445 % change on previous year -103.5%
2013 6.86 % change on previous year -1642.6%
2014 5.58 % change on previous year -18.7%
2015 -14.9 % change on previous year -367.1%
2016 25.4 % change on previous year -270.5%
2017 0.2202 % change on previous year -99.1%
2018 6.49 % change on previous year +2848.4%
2019 10.39 % change on previous year +60.0%
2020 -10.82 % change on previous year -204.1%
2021 28.58 % change on previous year -364.3%
2022 13.41 % change on previous year -53.1%
2023 12.76 % change on previous year -4.9%
2024 10.6 % change on previous year -16.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.9 % change on previous year -15.26 % change on previous year 33.07 % change on previous year 2
2010s 5.38 % change on previous year -14.9 % change on previous year 25.4 % change on previous year 10
2020s 10.91 % change on previous year -10.82 % change on previous year 28.58 % change on previous year 5

Countries ranked near Madagascar

  1. 49 Latvia 10.92 % change on previous year compare
  2. 50 Ukraine 10.9 % change on previous year compare
  3. 51 Rwanda 10.9 % change on previous year compare
  4. 53 Kosovo 10.44 % change on previous year compare
  5. 54 Congo, Democratic Republic of the 10.38 % change on previous year compare
  6. 55 Zambia 10.36 % change on previous year compare

See the full ranking of 251 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is manufacturing, value added (current us$), annual growth rate in Madagascar?
Manufacturing, value added (current us$), annual growth rate in Madagascar was 10.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest manufacturing, value added (current us$), annual growth rate recorded in Madagascar?
The highest recorded value was 33.07 % change on previous year in 2008.
What is the lowest manufacturing, value added (current us$), annual growth rate recorded in Madagascar?
The lowest recorded value was -15.26 % change on previous year in 2009.
How does Madagascar rank for manufacturing, value added (current us$), annual growth rate?
Madagascar ranks 52nd out of 203 countries with data for 2024.
Is manufacturing, value added (current us$), annual growth rate rising or falling in Madagascar?
Over the last ten years it is up 90.1%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Manufacturing, value added (current US$), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Manufacturing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Manufacturing, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 9,756 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Manufacturing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.