Services, value added (current LCU), annual growth rate in Madagascar
Madagascar: Services, value added (current LCU), annual growth rate was 10.57 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Madagascar, 1967–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Madagascar recorded 10.57 % change on previous year for services, value added (current lcu), annual growth rate in 2025.
That represents a change of down 20.2% on the previous year and up 8.5% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Madagascar peaked at 33.55 % change on previous year in 1996 and was at its lowest, -1.99 % change on previous year, in 2020.
Madagascar ranks 53rd of 204 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.
Services, value added (current LCU), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 5.83 % change on previous year | — |
| 1968 | 7.86 % change on previous year | +34.7% |
| 1969 | 6.75 % change on previous year | -14.1% |
| 1970 | 9.64 % change on previous year | +42.9% |
| 1971 | 6.41 % change on previous year | -33.5% |
| 1972 | 0.4089 % change on previous year | -93.6% |
| 1973 | 3.82 % change on previous year | +833.0% |
| 1974 | 13.09 % change on previous year | +243.1% |
| 1975 | 6.44 % change on previous year | -50.8% |
| 1976 | 7.53 % change on previous year | +16.9% |
| 1977 | 10.58 % change on previous year | +40.6% |
| 1978 | 3.52 % change on previous year | -66.8% |
| 1979 | 28.72 % change on previous year | +716.7% |
| 1996 | 33.55 % change on previous year | +16.8% |
| 1997 | 8.45 % change on previous year | -74.8% |
| 1998 | 10.4 % change on previous year | +23.1% |
| 1999 | 9.09 % change on previous year | -12.6% |
| 2000 | 21.74 % change on previous year | +139.2% |
| 2001 | 20.42 % change on previous year | -6.1% |
| 2002 | 0.5935 % change on previous year | -97.1% |
| 2003 | 7.26 % change on previous year | +1123.8% |
| 2004 | 20.77 % change on previous year | +186.0% |
| 2005 | 26.88 % change on previous year | +29.4% |
| 2006 | 19.16 % change on previous year | -28.7% |
| 2007 | 6.73 % change on previous year | -64.9% |
| 2008 | 14 % change on previous year | +108.1% |
| 2009 | 1.1 % change on previous year | -92.1% |
| 2010 | 15 % change on previous year | +1262.5% |
| 2011 | 13 % change on previous year | -13.3% |
| 2012 | 12.67 % change on previous year | -2.6% |
| 2013 | 9.03 % change on previous year | -28.7% |
| 2014 | 8.82 % change on previous year | -2.4% |
| 2015 | 9.74 % change on previous year | +10.5% |
| 2016 | 13.85 % change on previous year | +42.2% |
| 2017 | 9.17 % change on previous year | -33.8% |
| 2018 | 6.7 % change on previous year | -27.0% |
| 2019 | 13.65 % change on previous year | +103.7% |
| 2020 | -1.99 % change on previous year | -114.6% |
| 2021 | 9.48 % change on previous year | -576.8% |
| 2022 | 14.24 % change on previous year | +50.3% |
| 2023 | 11.23 % change on previous year | -21.1% |
| 2024 | 13.24 % change on previous year | +17.9% |
| 2025 | 10.57 % change on previous year | -20.2% |
Madagascar compared with similar countries
- Madagascar's 10.57 % change on previous year is below the median for low income countries, which is 11.14 % change on previous year, 95% of the median. (22 countries reporting)
- Madagascar's 10.57 % change on previous year is above the median for Sub-Saharan Africa, which is 9.31 % change on previous year, 1.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current LCU), annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1262.5% | 1.1 % change on previous year | 15 % change on previous year |
| 2003 | +1123.8% | 0.5935 % change on previous year | 7.26 % change on previous year |
| 1973 | +833.0% | 0.4089 % change on previous year | 3.82 % change on previous year |
| 1979 | +716.7% | 3.52 % change on previous year | 28.72 % change on previous year |
| 2021 | +576.8% | -1.99 % change on previous year | 9.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.82 % change on previous year | 5.83 % change on previous year | 7.86 % change on previous year | 3 |
| 1970s | 9.02 % change on previous year | 0.4089 % change on previous year | 28.72 % change on previous year | 10 |
| 1990s | 15.37 % change on previous year | 8.45 % change on previous year | 33.55 % change on previous year | 4 |
| 2000s | 13.87 % change on previous year | 0.5935 % change on previous year | 26.88 % change on previous year | 10 |
| 2010s | 11.16 % change on previous year | 6.7 % change on previous year | 15 % change on previous year | 10 |
| 2020s | 9.46 % change on previous year | -1.99 % change on previous year | 14.24 % change on previous year | 6 |
Countries ranked near Madagascar
- 50 Honduras 11 % change on previous year compare
- 51 Djibouti 10.75 % change on previous year compare
- 52 Sint Maarten (Dutch part) 10.64 % change on previous year compare
- 54 Myanmar 10.26 % change on previous year compare
- 55 Bulgaria 9.96 % change on previous year compare
- 56 United States 9.94 % change on previous year 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 (current lcu), annual growth rate in Madagascar?
- Services, value added (current lcu), annual growth rate in Madagascar was 10.57 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Madagascar?
- The highest recorded value was 33.55 % change on previous year in 1996.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Madagascar?
- The lowest recorded value was -1.99 % change on previous year in 2020.
- How does Madagascar rank for services, value added (current lcu), annual growth rate?
- Madagascar ranks 53rd out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is up 8.5%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.