Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Madagascar
Madagascar: Services, value added (constant 2015 US$), per unit of GDP (unit GDP) was 0.3777 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Madagascar, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, services, value added (constant 2015 us$), per unit of gdp in Madagascar stood at 0.3777 constant 2015 US$ per US$ of GDP. That is the lowest value across all 31 years on record.
The figure is down 7.5% on the previous year and down 25.6% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Madagascar peaked at 0.8788 constant 2015 US$ per US$ of GDP in 1999 and was at its lowest, 0.3777 constant 2015 US$ per US$ of GDP, in 2025.
That places Madagascar 154th out of 195 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Madagascar, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.7755 constant 2015 US$ per US$ of GDP | — |
| 1996 | 0.6485 constant 2015 US$ per US$ of GDP | -16.4% |
| 1997 | 0.7892 constant 2015 US$ per US$ of GDP | +21.7% |
| 1998 | 0.8048 constant 2015 US$ per US$ of GDP | +2.0% |
| 1999 | 0.8788 constant 2015 US$ per US$ of GDP | +9.2% |
| 2000 | 0.8532 constant 2015 US$ per US$ of GDP | -2.9% |
| 2001 | 0.7675 constant 2015 US$ per US$ of GDP | -10.0% |
| 2002 | 0.6626 constant 2015 US$ per US$ of GDP | -13.7% |
| 2003 | 0.6285 constant 2015 US$ per US$ of GDP | -5.2% |
| 2004 | 0.842 constant 2015 US$ per US$ of GDP | +34.0% |
| 2005 | 0.7734 constant 2015 US$ per US$ of GDP | -8.1% |
| 2006 | 0.7622 constant 2015 US$ per US$ of GDP | -1.4% |
| 2007 | 0.6152 constant 2015 US$ per US$ of GDP | -19.3% |
| 2008 | 0.5111 constant 2015 US$ per US$ of GDP | -16.9% |
| 2009 | 0.5515 constant 2015 US$ per US$ of GDP | +7.9% |
| 2010 | 0.5317 constant 2015 US$ per US$ of GDP | -3.6% |
| 2011 | 0.4624 constant 2015 US$ per US$ of GDP | -13.0% |
| 2012 | 0.4727 constant 2015 US$ per US$ of GDP | +2.2% |
| 2013 | 0.4443 constant 2015 US$ per US$ of GDP | -6.0% |
| 2014 | 0.4536 constant 2015 US$ per US$ of GDP | +2.1% |
| 2015 | 0.5077 constant 2015 US$ per US$ of GDP | +11.9% |
| 2016 | 0.5058 constant 2015 US$ per US$ of GDP | -0.4% |
| 2017 | 0.4763 constant 2015 US$ per US$ of GDP | -5.8% |
| 2018 | 0.4534 constant 2015 US$ per US$ of GDP | -4.8% |
| 2019 | 0.4591 constant 2015 US$ per US$ of GDP | +1.3% |
| 2020 | 0.4722 constant 2015 US$ per US$ of GDP | +2.8% |
| 2021 | 0.4491 constant 2015 US$ per US$ of GDP | -4.9% |
| 2022 | 0.4355 constant 2015 US$ per US$ of GDP | -3.0% |
| 2023 | 0.4281 constant 2015 US$ per US$ of GDP | -1.7% |
| 2024 | 0.4082 constant 2015 US$ per US$ of GDP | -4.7% |
| 2025 | 0.3777 constant 2015 US$ per US$ of GDP | -7.5% |
Madagascar compared with similar countries
- Madagascar's 0.3777 constant 2015 US$ per US$ of GDP is above the median for low income countries, which is 0.3671 constant 2015 US$ per US$ of GDP, 1.0× the median. (22 countries reporting)
- Madagascar's 0.3777 constant 2015 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.4003 constant 2015 US$ per US$ of GDP, 94% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7794 constant 2015 US$ per US$ of GDP | 0.6485 constant 2015 US$ per US$ of GDP | 0.8788 constant 2015 US$ per US$ of GDP | 5 |
| 2000s | 0.6967 constant 2015 US$ per US$ of GDP | 0.5111 constant 2015 US$ per US$ of GDP | 0.8532 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.4767 constant 2015 US$ per US$ of GDP | 0.4443 constant 2015 US$ per US$ of GDP | 0.5317 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.4285 constant 2015 US$ per US$ of GDP | 0.3777 constant 2015 US$ per US$ of GDP | 0.4722 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Madagascar
- 151 Estonia 0.382 constant 2015 US$ per US$ of GDP compare
- 152 Comoros 0.3819 constant 2015 US$ per US$ of GDP compare
- 153 Montenegro 0.3796 constant 2015 US$ per US$ of GDP compare
- 155 Vietnam 0.3752 constant 2015 US$ per US$ of GDP compare
- 156 Russia 0.3717 constant 2015 US$ per US$ of GDP compare
- 157 Uganda 0.368 constant 2015 US$ per US$ of GDP 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 services, value added (constant 2015 us$), per unit of gdp in Madagascar?
- Services, value added (constant 2015 us$), per unit of gdp in Madagascar was 0.3777 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.8788 constant 2015 US$ per US$ of GDP in 1999.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.3777 constant 2015 US$ per US$ of GDP in 2025.
- How does Madagascar rank for services, value added (constant 2015 us$), per unit of gdp?
- Madagascar ranks 154th out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.