Services, value added in Madagascar
Madagascar: Services, value added was 3.2% in 2025. ◆ Volatile
Services, value added in Madagascar, 1996–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Madagascar stood at 3.2%.
The figure is down 30.2% on the previous year and up 168.1% over ten years.
Over the whole period, services, value added in Madagascar peaked at 12.9% in 2003 and was at its lowest, -15.0%, in 2002.
Madagascar ranks 109th of 195 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.0% | 5.2% | 7.5% | 4 |
| 2000s | 3.8% | -15.0% | 12.9% | 10 |
| 2010s | 2.0% | -0.6% | 4.7% | 10 |
| 2020s | 2.3% | -4.8% | 4.6% | 6 |
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)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- 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)
Frequently asked questions
- What is services, value added in Madagascar?
- Services, value added in Madagascar was 3.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Madagascar?
- The highest recorded value was 12.9% in 2003.
- What is the lowest services, value added recorded in Madagascar?
- The lowest recorded value was -15.0% in 2002.
- How does Madagascar rank for services, value added?
- Madagascar ranks 109th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Madagascar?
- Over the last ten years it is up 168.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.