Services, value added (% of GDP) in Madagascar
Madagascar: Services, value added (% of GDP) was 48.8% in 2025. ▬ Flat
Services, value added in Madagascar, 1966–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Madagascar recorded 48.8% for services, value added in 2025.
That represents a change of down 1.0% on the previous year and down 3.8% over ten years.
Over the whole period, services, value added in Madagascar peaked at 55.1% in 1966 and was at its lowest, 43.6%, in 1995.
Madagascar ranks 154th of 206 countries on this measure, in the middle of the range.
Services, value added (% of GDP) in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | 55.1% | — |
| 1967 | 54.9% | -0.4% |
| 1968 | 54.9% | -0.0% |
| 1969 | 54.4% | -0.9% |
| 1970 | 53.0% | -2.6% |
| 1971 | 52.4% | -1.2% |
| 1972 | 51.7% | -1.3% |
| 1973 | 49.3% | -4.7% |
| 1974 | 44.5% | -9.7% |
| 1975 | 44.7% | +0.4% |
| 1976 | 45.1% | +0.9% |
| 1977 | 44.9% | -0.5% |
| 1978 | 44.7% | -0.4% |
| 1979 | 47.0% | +5.3% |
| 1995 | 43.6% | -7.3% |
| 1996 | 47.6% | +9.2% |
| 1997 | 47.6% | +0.1% |
| 1998 | 47.6% | +0.0% |
| 1999 | 46.3% | -2.8% |
| 2000 | 48.4% | +4.5% |
| 2001 | 50.9% | +5.3% |
| 2002 | 50.2% | -1.4% |
| 2003 | 49.9% | -0.6% |
| 2004 | 50.2% | +0.7% |
| 2005 | 51.4% | +2.3% |
| 2006 | 52.5% | +2.1% |
| 2007 | 48.0% | -8.5% |
| 2008 | 47.7% | -0.6% |
| 2009 | 47.0% | -1.5% |
| 2010 | 48.8% | +3.7% |
| 2011 | 49.1% | +0.8% |
| 2012 | 51.0% | +3.7% |
| 2013 | 51.5% | +1.1% |
| 2014 | 50.8% | -1.3% |
| 2015 | 50.8% | -0.1% |
| 2016 | 51.0% | +0.5% |
| 2017 | 51.0% | +0.1% |
| 2018 | 48.7% | -4.5% |
| 2019 | 49.8% | +2.2% |
| 2020 | 50.4% | +1.2% |
| 2021 | 49.6% | -1.6% |
| 2022 | 49.6% | -0.1% |
| 2023 | 48.8% | -1.6% |
| 2024 | 49.3% | +1.0% |
| 2025 | 48.8% | -1.0% |
Madagascar compared with similar countries
- Madagascar's 48.8% is above the median for low income countries, which is 41.9%, 1.2× the median. (22 countries reporting)
- Madagascar's 48.8% is above the median for Sub-Saharan Africa, which is 48.7%, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 54.9% | 54.4% | 55.1% | 4 |
| 1970s | 47.7% | 44.5% | 53.0% | 10 |
| 1990s | 46.5% | 43.6% | 47.6% | 5 |
| 2000s | 49.6% | 47.0% | 52.5% | 10 |
| 2010s | 50.3% | 48.7% | 51.5% | 10 |
| 2020s | 49.4% | 48.8% | 50.4% | 6 |
Countries ranked near Madagascar
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 in Madagascar?
- Services, value added in Madagascar was 48.8% 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 55.1% in 1966.
- What is the lowest services, value added recorded in Madagascar?
- The lowest recorded value was 43.6% in 1995.
- How does Madagascar rank for services, value added?
- Madagascar ranks 154th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Madagascar?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is flat.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.