Real gdp growth in Madagascar, Republic of
Madagascar, Republic of: Real gdp growth was 4.32 in 2024. ◆ Volatile
Real gdp growth in Madagascar, Republic of, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Madagascar, Republic of stood at 4.32.
The figure is up 2.2% on the previous year and up 29.5% over ten years.
Over the whole period, real gdp growth in Madagascar, Republic of peaked at 9.79 in 2003 and was at its lowest, -12.41, in 2002.
Madagascar, Republic of ranks 65th of 196 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.
Real gdp growth in Madagascar, Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.788 | — |
| 1981 | -9.8 | -1343.7% |
| 1982 | -1.9 | -80.6% |
| 1983 | 0.9 | -147.4% |
| 1984 | 1.76 | +95.6% |
| 1985 | 1.16 | -34.3% |
| 1986 | 1.96 | +69.6% |
| 1987 | 1.18 | -40.1% |
| 1988 | 3.41 | +190.0% |
| 1989 | 4.08 | +19.6% |
| 1990 | 3.13 | -23.2% |
| 1991 | -6.31 | -301.5% |
| 1992 | 1.18 | -118.7% |
| 1993 | 2.1 | +77.8% |
| 1994 | -0.042 | -102.0% |
| 1995 | 1.68 | -4097.6% |
| 1996 | 2.15 | +28.3% |
| 1997 | 3.69 | +71.4% |
| 1998 | 3.92 | +6.1% |
| 1999 | 4.7 | +20.0% |
| 2000 | 4.46 | -5.2% |
| 2001 | 5.98 | +34.2% |
| 2002 | -12.41 | -307.5% |
| 2003 | 9.79 | -178.9% |
| 2004 | 5.26 | -46.3% |
| 2005 | 4.76 | -9.5% |
| 2006 | 5.4 | +13.5% |
| 2007 | 5.71 | +5.8% |
| 2008 | 6.71 | +17.5% |
| 2009 | -3.98 | -159.3% |
| 2010 | 0.619 | -115.6% |
| 2011 | 1.58 | +154.9% |
| 2012 | 3.01 | +90.8% |
| 2013 | 2.3 | -23.6% |
| 2014 | 3.34 | +45.2% |
| 2015 | 3.13 | -6.2% |
| 2016 | 3.99 | +27.5% |
| 2017 | 3.93 | -1.5% |
| 2018 | 3.19 | -18.8% |
| 2019 | 4.41 | +38.1% |
| 2020 | -7.14 | -261.8% |
| 2021 | 4.65 | -165.2% |
| 2022 | 4.14 | -11.0% |
| 2023 | 4.23 | +2.2% |
| 2024 | 4.32 | +2.2% |
Madagascar, Republic of compared with similar countries
- Madagascar, Republic of's 4.32 is below the median for low income countries, which is 4.56, 95% of the median. (24 countries reporting)
- Madagascar, Republic of's 4.32 is below the median for Sub-Saharan Africa, which is 4.52, 96% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Madagascar, Republic of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +4097.6% | -0.042 | 1.68 |
| 1981 | -1343.7% | 0.788 | -9.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3521 | -9.8 | 4.08 | 10 |
| 1990s | 1.62 | -6.31 | 4.7 | 10 |
| 2000s | 3.17 | -12.41 | 9.79 | 10 |
| 2010s | 2.95 | 0.619 | 4.41 | 10 |
| 2020s | 2.04 | -7.14 | 4.65 | 5 |
Countries ranked near Madagascar, Republic of
- 62 Belarus, Republic of 4.35 compare
- 62 Panama 4.35 compare
- 64 Timor-Leste, Democratic Republic of 4.33 compare
- 66 Sierra Leone 4.29 compare
- 67 Samoa 4.2 compare
- 68 Azerbaijan, Republic of 4.16 compare
More economy & growth data for Madagascar, Republic of
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- 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)
Frequently asked questions
- What is real gdp growth in Madagascar, Republic of?
- Real gdp growth in Madagascar, Republic of was 4.32 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Madagascar, Republic of?
- The highest recorded value was 9.79 in 2003.
- What is the lowest real gdp growth recorded in Madagascar, Republic of?
- The lowest recorded value was -12.41 in 2002.
- How does Madagascar, Republic of rank for real gdp growth?
- Madagascar, Republic of ranks 65th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Madagascar, Republic of?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar, Republic of data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
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