Value Added Deflator (Manufacturing) — Value Standard Local Currency in Madagascar

Madagascar: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 14.71 % change on previous year in 2023. ◆ Volatile

Latest (2023)
14.71 % change on previous year
Change on year
down 9.2%
World rank
34th
of 209 countries
All-time high
42.05 % change on previous year
in 1994
All-time low
-5.7 % change on previous year
in 2017
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Madagascar, 1971–2023

-10010203040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added deflator (manufacturing) — value standard local currency in Madagascar stood at 14.71 % change on previous year.

The figure is down 9.2% on the previous year and up 50.1% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Madagascar peaked at 42.05 % change on previous year in 1994 and was at its lowest, -5.7 % change on previous year, in 2017.

Madagascar ranks 34th of 209 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Madagascar, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Madagascar, 1971 to 2023.
Year % change on previous year Change
1971 1.65 % change on previous year —
1972 4.57 % change on previous year +176.6%
1973 17.49 % change on previous year +282.6%
1974 3.9 % change on previous year -77.7%
1975 5.85 % change on previous year +49.9%
1976 18.79 % change on previous year +221.4%
1977 14.55 % change on previous year -22.6%
1978 -0.041 % change on previous year -100.3%
1979 8.47 % change on previous year -20781.2%
1980 11.52 % change on previous year +36.0%
1981 30.76 % change on previous year +167.0%
1982 39.36 % change on previous year +28.0%
1983 22 % change on previous year -44.1%
1984 1.29 % change on previous year -94.1%
1985 13.69 % change on previous year +959.8%
1986 9.36 % change on previous year -31.6%
1987 22.85 % change on previous year +144.1%
1988 20.23 % change on previous year -11.4%
1989 32.51 % change on previous year +60.7%
1990 11.91 % change on previous year -63.4%
1991 8.9 % change on previous year -25.3%
1992 10.96 % change on previous year +23.2%
1993 12.93 % change on previous year +17.9%
1994 42.05 % change on previous year +225.2%
1995 41.44 % change on previous year -1.5%
1996 17.97 % change on previous year -56.6%
1997 6.77 % change on previous year -62.3%
1998 7.19 % change on previous year +6.2%
1999 8.23 % change on previous year +14.5%
2000 9.28 % change on previous year +12.8%
2001 8.81 % change on previous year -5.0%
2002 27.77 % change on previous year +215.1%
2003 3.33 % change on previous year -88.0%
2004 16.13 % change on previous year +384.0%
2005 18.84 % change on previous year +16.8%
2006 14.98 % change on previous year -20.5%
2007 5.5 % change on previous year -63.3%
2008 14.46 % change on previous year +162.8%
2009 5.7 % change on previous year -60.6%
2010 10.56 % change on previous year +85.4%
2011 8.6 % change on previous year -18.6%
2012 5.58 % change on previous year -35.1%
2013 9.8 % change on previous year +75.7%
2014 12.7 % change on previous year +29.6%
2015 0.5225 % change on previous year -95.9%
2016 28.57 % change on previous year +5367.4%
2017 -5.7 % change on previous year -120.0%
2018 8.7 % change on previous year -252.5%
2019 14.5 % change on previous year +66.7%
2020 6.2 % change on previous year -57.3%
2021 14.29 % change on previous year +130.5%
2022 16.2 % change on previous year +13.4%
2023 14.71 % change on previous year -9.2%

Madagascar compared with similar countries

  • Madagascar's 14.71 % change on previous year is above the median for low income countries, which is 3.21 % change on previous year, 4.6× the median. (22 countries reporting)
  • Madagascar's 14.71 % change on previous year is above the median for Sub-Saharan Africa, which is 5.41 % change on previous year, 2.7× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
1979 +20781.2% -0.041 % change on previous year 8.47 % change on previous year
2016 +5367.4% 0.5225 % change on previous year 28.57 % change on previous year
1985 +959.8% 1.29 % change on previous year 13.69 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.36 % change on previous year -0.041 % change on previous year 18.79 % change on previous year 9
1980s 20.36 % change on previous year 1.29 % change on previous year 39.36 % change on previous year 10
1990s 16.83 % change on previous year 6.77 % change on previous year 42.05 % change on previous year 10
2000s 12.48 % change on previous year 3.33 % change on previous year 27.77 % change on previous year 10
2010s 9.38 % change on previous year -5.7 % change on previous year 28.57 % change on previous year 10
2020s 12.85 % change on previous year 6.2 % change on previous year 16.2 % change on previous year 4

Countries ranked near Madagascar

  1. 31 Peru 15.67 % change on previous year compare
  2. 32 Serbia 15.39 % change on previous year compare
  3. 33 Croatia 15.06 % change on previous year compare
  4. 35 Central African Republic 13.78 % change on previous year compare
  5. 36 Zambia 13.75 % change on previous year compare
  6. 37 Netherlands (Kingdom of the) 13.58 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Madagascar?
Value added deflator (manufacturing) — value standard local currency in Madagascar was 14.71 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value standard local currency recorded in Madagascar?
The highest recorded value was 42.05 % change on previous year in 1994.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Madagascar?
The lowest recorded value was -5.7 % change on previous year in 2017.
How does Madagascar rank for value added deflator (manufacturing) — value standard local currency?
Madagascar ranks 34th out of 209 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Madagascar?
Over the last ten years it is up 50.1%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/madagascar/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/madagascar/">Value Added Deflator (Manufacturing) — Value Standard Local Currency in Madagascar</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,313 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.