Manufacturing value added to gdp, annual growth rate in Madagascar
Madagascar: Manufacturing value added to gdp, annual growth rate was 0.8215 % change on previous year in 2024. ◆ Volatile
Manufacturing value added to gdp, annual growth rate in Madagascar, 2008–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 0.8215 % change on previous year for manufacturing value added to gdp, annual growth rate in 2024.
That represents a change of down 89.6% on the previous year and down 82.7% over ten years.
Over the whole period, manufacturing value added to gdp, annual growth rate in Madagascar peaked at 19.84 % change on previous year in 2016 and was at its lowest, -9.88 % change on previous year, in 2017.
That places Madagascar 55th out of 202 countries with data for 2024, putting it 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 to gdp, annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 5.77 % change on previous year | — |
| 2009 | -5.49 % change on previous year | -195.3% |
| 2010 | -2.18 % change on previous year | -60.3% |
| 2011 | -2.62 % change on previous year | +20.0% |
| 2012 | -0.6782 % change on previous year | -74.1% |
| 2013 | -0.4077 % change on previous year | -39.9% |
| 2014 | 4.74 % change on previous year | -1262.6% |
| 2015 | -5.88 % change on previous year | -224.0% |
| 2016 | 19.84 % change on previous year | -437.5% |
| 2017 | -9.88 % change on previous year | -149.8% |
| 2018 | 1.97 % change on previous year | -120.0% |
| 2019 | 7.69 % change on previous year | +289.4% |
| 2020 | -3.62 % change on previous year | -147.1% |
| 2021 | 16.91 % change on previous year | -567.2% |
| 2022 | 6.11 % change on previous year | -63.9% |
| 2023 | 7.87 % change on previous year | +28.9% |
| 2024 | 0.8215 % change on previous year | -89.6% |
Madagascar compared with similar countries
- Madagascar's 0.8215 % change on previous year is above the median for low income countries, which is -3.96 % change on previous year. (22 countries reporting)
- Madagascar's 0.8215 % change on previous year is above the median for Sub-Saharan Africa, which is -3.42 % change on previous year. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1362 % change on previous year | -5.49 % change on previous year | 5.77 % change on previous year | 2 |
| 2010s | 1.26 % change on previous year | -9.88 % change on previous year | 19.84 % change on previous year | 10 |
| 2020s | 5.62 % change on previous year | -3.62 % change on previous year | 16.91 % change on previous year | 5 |
Countries ranked near Madagascar
- 52 Paraguay 1.35 % change on previous year compare
- 53 Mauritius 1.33 % change on previous year compare
- 54 Dominica 0.9611 % change on previous year compare
- 56 Vietnam 0.801 % change on previous year compare
- 57 Laos 0.6671 % change on previous year compare
- 58 Honduras 0.6522 % change on previous year compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is manufacturing value added to gdp, annual growth rate in Madagascar?
- Manufacturing value added to gdp, annual growth rate in Madagascar was 0.8215 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, annual growth rate recorded in Madagascar?
- The highest recorded value was 19.84 % change on previous year in 2016.
- What is the lowest manufacturing value added to gdp, annual growth rate recorded in Madagascar?
- The lowest recorded value was -9.88 % change on previous year in 2017.
- How does Madagascar rank for manufacturing value added to gdp, annual growth rate?
- Madagascar ranks 55th out of 202 countries with data for 2024.
- Is manufacturing value added to gdp, annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 82.7%. 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 to gdp, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Manufacturing value added to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Share of manufacturing in gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.