Share of manufacturing in gross domestic product (GDP) in Madagascar
Madagascar: Share of manufacturing in gross domestic product (GDP) was 13.1% in 2024. ▲ Rising
Share of manufacturing in gross domestic product (GDP) in Madagascar, 2007–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, share of manufacturing in gross domestic product (gdp) in Madagascar stood at 13.1%. That is the highest value across all 18 years on record.
The figure is up 0.8% on the previous year and up 45.2% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Madagascar peaked at 13.1% in 2024 and was at its lowest, 8.5%, in 2015.
Madagascar ranks 64th of 202 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.
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
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Taxes less subsidies on products 1.48 billion current US$ (2025)
Frequently asked questions
- What is share of manufacturing in gross domestic product (gdp) in Madagascar?
- Share of manufacturing in gross domestic product (gdp) in Madagascar was 13.1% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Madagascar?
- The highest recorded value was 13.1% in 2024.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Madagascar?
- The lowest recorded value was 8.5% in 2015.
- How does Madagascar rank for share of manufacturing in gross domestic product (gdp)?
- Madagascar ranks 64th out of 202 countries with data for 2024.
- Is share of manufacturing in gross domestic product (gdp) 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.