Services, value added in Madagascar
Madagascar: Services, value added was 43.39 trillion current LCU in 2025. ◆ Volatile
Services, value added in Madagascar, 1966–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in Madagascar is 43.39 trillion current LCU, measured in 2025. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 10.6% on the previous year and up 157.3% over ten years.
Over the whole period, services, value added in Madagascar peaked at 43.39 trillion current LCU in 2025 and was at its lowest, 24.51 billion current LCU, in 1966.
Madagascar ranks 29th of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 24.51 billion current LCU | — |
| 1967 | 25.94 billion current LCU | +5.8% |
| 1968 | 27.98 billion current LCU | +7.9% |
| 1969 | 29.87 billion current LCU | +6.8% |
| 1970 | 32.75 billion current LCU | +9.6% |
| 1971 | 34.85 billion current LCU | +6.4% |
| 1972 | 34.99 billion current LCU | +0.4% |
| 1973 | 36.32 billion current LCU | +3.8% |
| 1974 | 41.08 billion current LCU | +13.1% |
| 1975 | 43.73 billion current LCU | +6.4% |
| 1976 | 47.02 billion current LCU | +7.5% |
| 1977 | 51.99 billion current LCU | +10.6% |
| 1978 | 53.82 billion current LCU | +3.5% |
| 1979 | 69.28 billion current LCU | +28.7% |
| 1995 | 1.43 trillion current LCU | +1959.8% |
| 1996 | 1.91 trillion current LCU | +33.6% |
| 1997 | 2.07 trillion current LCU | +8.5% |
| 1998 | 2.28 trillion current LCU | +10.4% |
| 1999 | 2.49 trillion current LCU | +9.1% |
| 2000 | 3.03 trillion current LCU | +21.7% |
| 2001 | 3.65 trillion current LCU | +20.4% |
| 2002 | 3.67 trillion current LCU | +0.6% |
| 2003 | 3.94 trillion current LCU | +7.3% |
| 2004 | 4.76 trillion current LCU | +20.8% |
| 2005 | 6.03 trillion current LCU | +26.9% |
| 2006 | 7.19 trillion current LCU | +19.2% |
| 2007 | 7.67 trillion current LCU | +6.7% |
| 2008 | 8.75 trillion current LCU | +14.0% |
| 2009 | 8.84 trillion current LCU | +1.1% |
| 2010 | 10.17 trillion current LCU | +15.0% |
| 2011 | 11.49 trillion current LCU | +13.0% |
| 2012 | 12.95 trillion current LCU | +12.7% |
| 2013 | 14.12 trillion current LCU | +9.0% |
| 2014 | 15.37 trillion current LCU | +8.8% |
| 2015 | 16.86 trillion current LCU | +9.7% |
| 2016 | 19.20 trillion current LCU | +13.9% |
| 2017 | 20.96 trillion current LCU | +9.2% |
| 2018 | 22.36 trillion current LCU | +6.7% |
| 2019 | 25.42 trillion current LCU | +13.6% |
| 2020 | 24.91 trillion current LCU | -2.0% |
| 2021 | 27.27 trillion current LCU | +9.5% |
| 2022 | 31.16 trillion current LCU | +14.2% |
| 2023 | 34.66 trillion current LCU | +11.2% |
| 2024 | 39.25 trillion current LCU | +13.2% |
| 2025 | 43.39 trillion current LCU | +10.6% |
Madagascar compared with similar countries
- Madagascar's 43.39 trillion current LCU is above the median for low income countries, which is 5.18 trillion current LCU, 8.4× the median. (22 countries reporting)
- Madagascar's 43.39 trillion current LCU is above the median for Sub-Saharan Africa, which is 4.25 trillion current LCU, 10.2× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Services, value added 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 |
|---|---|---|---|
| 1995 | +1959.8% | 69.28 billion current LCU | 1.43 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.07 billion current LCU | 24.51 billion current LCU | 29.87 billion current LCU | 4 |
| 1970s | 44.58 billion current LCU | 32.75 billion current LCU | 69.28 billion current LCU | 10 |
| 1990s | 2.03 trillion current LCU | 1.43 trillion current LCU | 2.49 trillion current LCU | 5 |
| 2000s | 5.75 trillion current LCU | 3.03 trillion current LCU | 8.84 trillion current LCU | 10 |
| 2010s | 16.89 trillion current LCU | 10.17 trillion current LCU | 25.42 trillion current LCU | 10 |
| 2020s | 33.44 trillion current LCU | 24.91 trillion current LCU | 43.39 trillion current LCU | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is services, value added in Madagascar?
- Services, value added in Madagascar was 43.39 trillion current LCU 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 43.39 trillion current LCU in 2025.
- What is the lowest services, value added recorded in Madagascar?
- The lowest recorded value was 24.51 billion current LCU in 1966.
- How does Madagascar rank for services, value added?
- Madagascar ranks 29th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Madagascar?
- Over the last ten years it is up 157.3%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.