Rice — Producer Price in Madagascar
Madagascar: Rice — Producer Price was 1.73 million LCU in 2024. ▲ Rising
Rice — Producer Price in Madagascar, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2024, rice — producer price in Madagascar stood at 1.73 million LCU. That is the highest value across all 25 years on record.
That represents a change of up 5.7% on the previous year and up 132.7% over ten years.
Over the whole period, rice — producer price in Madagascar peaked at 1.73 million LCU in 2024 and was at its lowest, 220,000 LCU, in 1991.
Madagascar ranks 9th of 85 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Rice — Producer Price in Madagascar, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 220,000 LCU | — |
| 1992 | 350,000 LCU | +59.1% |
| 1993 | 470,000 LCU | +34.3% |
| 1994 | 648,000 LCU | +37.9% |
| 1995 | 725,000 LCU | +11.9% |
| 1996 | 728,000 LCU | +0.4% |
| 1997 | 858,000 LCU | +17.9% |
| 1998 | 1.07 million LCU | +24.7% |
| 1999 | 1.10 million LCU | +2.8% |
| 2000 | 1.29 million LCU | +17.3% |
| 2001 | 1.08 million LCU | -16.4% |
| 2002 | 1.07 million LCU | -0.8% |
| 2003 | 1.01 million LCU | -5.3% |
| 2006 | 482,000 LCU | -52.4% |
| 2007 | 641,666 LCU | +33.1% |
| 2008 | 538,000 LCU | -16.2% |
| 2009 | 615,000 LCU | +14.3% |
| 2010 | 680,000 LCU | +10.6% |
| 2011 | 739,000 LCU | +8.7% |
| 2012 | 743,000 LCU | +0.5% |
| 2019 | 966,000 LCU | +30.0% |
| 2021 | 1.44 million LCU | +48.8% |
| 2022 | 1.45 million LCU | +0.8% |
| 2023 | 1.64 million LCU | +13.0% |
| 2024 | 1.73 million LCU | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 685,444 LCU | 220,000 LCU | 1.10 million LCU | 9 |
| 2000s | 840,708 LCU | 482,000 LCU | 1.29 million LCU | 8 |
| 2010s | 782,000 LCU | 680,000 LCU | 966,000 LCU | 4 |
| 2020s | 1.56 million LCU | 1.44 million LCU | 1.73 million LCU | 4 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Services, value added (current US$), annual growth rate 10.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4883 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 292.6 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 10.57 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 2,212 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 1.33 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.21 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3777 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 226.35 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 331,202 constant LCU per person (2025)
Frequently asked questions
- What is rice — producer price in Madagascar?
- Rice — producer price in Madagascar was 1.73 million LCU in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest rice — producer price recorded in Madagascar?
- The highest recorded value was 1.73 million LCU in 2024.
- What is the lowest rice — producer price recorded in Madagascar?
- The lowest recorded value was 220,000 LCU in 1991.
- How does Madagascar rank for rice — producer price?
- Madagascar ranks 9th out of 85 countries with data for 2024.
- Is rice — producer price rising or falling in Madagascar?
- Over the last ten years it is up 132.7%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.