Manufacturing, value added in Madagascar
Madagascar: Manufacturing, value added was 13.1% in 2024. ▲ Rising
Manufacturing, value added in Madagascar, 2007–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for manufacturing, value added in Madagascar is 13.1%, measured in 2024. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 45.2% over ten years.
Over the whole period, manufacturing, value added in Madagascar peaked at 13.1% in 2024 and was at its lowest, 8.5%, in 2015.
Madagascar ranks 64th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Manufacturing, value added in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 9.2% | — |
| 2008 | 9.7% | +5.8% |
| 2009 | 9.2% | -5.5% |
| 2010 | 9.0% | -2.2% |
| 2011 | 8.7% | -2.6% |
| 2012 | 8.7% | -0.7% |
| 2013 | 8.6% | -0.4% |
| 2014 | 9.0% | +4.7% |
| 2015 | 8.5% | -5.9% |
| 2016 | 10.2% | +19.8% |
| 2017 | 9.2% | -9.9% |
| 2018 | 9.4% | +2.0% |
| 2019 | 10.1% | +7.7% |
| 2020 | 9.7% | -3.6% |
| 2021 | 11.4% | +16.9% |
| 2022 | 12.1% | +6.1% |
| 2023 | 13.0% | +7.9% |
| 2024 | 13.1% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.3% | 9.2% | 9.7% | 3 |
| 2010s | 9.1% | 8.5% | 10.2% | 10 |
| 2020s | 11.9% | 9.7% | 13.1% | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4,187 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.51 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6902 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 413.62 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,123 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 672,982 constant LCU per person (2025)
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Madagascar?
- Manufacturing, value added in Madagascar was 13.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Madagascar?
- The highest recorded value was 13.1% in 2024.
- What is the lowest manufacturing, value added recorded in Madagascar?
- The lowest recorded value was 8.5% in 2015.
- How does Madagascar rank for manufacturing, value added?
- Madagascar ranks 64th out of 203 countries with data for 2024.
- Is manufacturing, value added rising or falling in Madagascar?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.