Services, value added (constant LCU), annual growth rate in Madagascar
Madagascar: Services, value added (constant LCU), annual growth rate was 3.2 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Madagascar, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Madagascar is 3.2 % change on previous year, measured in 2025.
Compared with earlier readings it is down 30.2% on the previous year and up 168.0% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Madagascar peaked at 12.94 % change on previous year in 2003 and was at its lowest, -15.04 % change on previous year, in 2002.
That places Madagascar 110th out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 7.46 % change on previous year | — |
| 1997 | 5.19 % change on previous year | -30.5% |
| 1998 | 5.3 % change on previous year | +2.2% |
| 1999 | 6.12 % change on previous year | +15.4% |
| 2000 | 5.05 % change on previous year | -17.4% |
| 2001 | 5.68 % change on previous year | +12.5% |
| 2002 | -15.04 % change on previous year | -364.6% |
| 2003 | 12.94 % change on previous year | -186.0% |
| 2004 | 6.48 % change on previous year | -49.9% |
| 2005 | 6.26 % change on previous year | -3.4% |
| 2006 | 7.58 % change on previous year | +21.0% |
| 2007 | 7.58 % change on previous year | -0.0% |
| 2008 | 4.52 % change on previous year | -40.4% |
| 2009 | -3.24 % change on previous year | -171.8% |
| 2010 | 0.0786 % change on previous year | -102.4% |
| 2011 | 0.6331 % change on previous year | +705.4% |
| 2012 | 2.47 % change on previous year | +290.8% |
| 2013 | 0.8317 % change on previous year | -66.4% |
| 2014 | 2.92 % change on previous year | +251.4% |
| 2015 | 1.2 % change on previous year | -59.1% |
| 2016 | 4.26 % change on previous year | +256.5% |
| 2017 | 4.72 % change on previous year | +10.7% |
| 2018 | -0.5961 % change on previous year | -112.6% |
| 2019 | 3.8 % change on previous year | -737.8% |
| 2020 | -4.83 % change on previous year | -227.2% |
| 2021 | 4.61 % change on previous year | -195.4% |
| 2022 | 3.63 % change on previous year | -21.3% |
| 2023 | 2.76 % change on previous year | -24.0% |
| 2024 | 4.59 % change on previous year | +66.5% |
| 2025 | 3.2 % change on previous year | -30.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.02 % change on previous year | 5.19 % change on previous year | 7.46 % change on previous year | 4 |
| 2000s | 3.78 % change on previous year | -15.04 % change on previous year | 12.94 % change on previous year | 10 |
| 2010s | 2.03 % change on previous year | -0.5961 % change on previous year | 4.72 % change on previous year | 10 |
| 2020s | 2.33 % change on previous year | -4.83 % change on previous year | 4.61 % change on previous year | 6 |
Countries ranked near Madagascar
- 107 Hong Kong, China 3.21 % change on previous year compare
- 108 Peru 3.21 % change on previous year compare
- 109 Lithuania 3.21 % change on previous year compare
- 111 Spain 3.19 % change on previous year compare
- 112 Chile 3.18 % change on previous year compare
- 113 Thailand 3.14 % change on previous year compare
More economy & growth data for Madagascar
- Manufacturing, value added (current US$), per unit of GDP 0.1312 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 72.21 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 593.75 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 326,786 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.079 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 43.45 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 66,816 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 16.31 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.239 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 143.24 current US$ per person (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Madagascar?
- Services, value added (constant lcu), annual growth rate in Madagascar was 3.2 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Madagascar?
- The highest recorded value was 12.94 % change on previous year in 2003.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Madagascar?
- The lowest recorded value was -15.04 % change on previous year in 2002.
- How does Madagascar rank for services, value added (constant lcu), annual growth rate?
- Madagascar ranks 110th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is up 168.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.