Services, value added (constant 2015 US$), per unit of GDP in Madagascar

Madagascar: Services, value added (constant 2015 US$), per unit of GDP was 0.3777 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.3777 constant 2015 US$ per US$ of GDP
Change on year
down 7.5%
World rank
154th
of 195 countries
All-time high
0.8788 constant 2015 US$ per US$ of GDP
in 1999
All-time low
0.3777 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Services, value added (constant 2015 US$), per unit of GDP in Madagascar, 1995–2025

00.20.40.60.81995201020251995: 0.776 constant 2015 US$ per US$ of GDP1996: 0.649 constant 2015 US$ per US$ of GDP1997: 0.789 constant 2015 US$ per US$ of GDP1998: 0.805 constant 2015 US$ per US$ of GDP1999: 0.879 constant 2015 US$ per US$ of GDP2000: 0.853 constant 2015 US$ per US$ of GDP2001: 0.768 constant 2015 US$ per US$ of GDP2002: 0.663 constant 2015 US$ per US$ of GDP2003: 0.628 constant 2015 US$ per US$ of GDP2004: 0.842 constant 2015 US$ per US$ of GDP2005: 0.773 constant 2015 US$ per US$ of GDP2006: 0.762 constant 2015 US$ per US$ of GDP2007: 0.615 constant 2015 US$ per US$ of GDP2008: 0.511 constant 2015 US$ per US$ of GDP2009: 0.552 constant 2015 US$ per US$ of GDP2010: 0.532 constant 2015 US$ per US$ of GDP2011: 0.462 constant 2015 US$ per US$ of GDP2012: 0.473 constant 2015 US$ per US$ of GDP2013: 0.444 constant 2015 US$ per US$ of GDP2014: 0.454 constant 2015 US$ per US$ of GDP2015: 0.508 constant 2015 US$ per US$ of GDP2016: 0.506 constant 2015 US$ per US$ of GDP2017: 0.476 constant 2015 US$ per US$ of GDP2018: 0.453 constant 2015 US$ per US$ of GDP2019: 0.459 constant 2015 US$ per US$ of GDP2020: 0.472 constant 2015 US$ per US$ of GDP2021: 0.449 constant 2015 US$ per US$ of GDP2022: 0.435 constant 2015 US$ per US$ of GDP2023: 0.428 constant 2015 US$ per US$ of GDP2024: 0.408 constant 2015 US$ per US$ of GDP2025: 0.378 constant 2015 US$ per US$ of GDP

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 in Madagascar, year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Madagascar, 1995 to 2025.
Year constant 2015 US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 151 Estonia 0.382 constant 2015 US$ per US$ of GDP compare
  2. 152 Comoros 0.3819 constant 2015 US$ per US$ of GDP compare
  3. 153 Montenegro 0.3796 constant 2015 US$ per US$ of GDP compare
  4. 155 Viet Nam 0.3752 constant 2015 US$ per US$ of GDP compare
  5. 156 Russian Federation 0.3717 constant 2015 US$ per US$ of GDP compare
  6. 157 Uganda 0.368 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Madagascar

All data for Madagascar →

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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Services, value added (constant 2015 US$), per unit of GDP in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/madagascar/

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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$) ÷ GDP (current US$)

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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

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

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.