Value added, services and etc growth rate in Madagascar
Madagascar: Value added, services and etc growth rate was -8.0% in 2009. β Volatile
Value added, services and etc growth rate in Madagascar, 1971β2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.
Analysis
In 2009, value added, services and etc growth rate in Madagascar stood at -8.0%.
The figure is down 276.1% on the previous year and down 247.1% over ten years.
Over the whole period, value added, services and etc growth rate in Madagascar peaked at 11.1% in 1979 and was at its lowest, -15.9%, in 2002.
That places Madagascar 49th out of 49 countries with data for 2009, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | -4.9% | 11.1% | 9 |
| 1980s | -0.2% | -9.0% | 4.7% | 10 |
| 1990s | 2.0% | -7.0% | 5.5% | 10 |
| 2000s | 2.9% | -15.9% | 10.4% | 10 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (2025)
Frequently asked questions
- What is value added, services and etc growth rate in Madagascar?
- Value added, services and etc growth rate in Madagascar was -8.0% in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, services and etc growth rate recorded in Madagascar?
- The highest recorded value was 11.1% in 1979.
- What is the lowest value added, services and etc growth rate recorded in Madagascar?
- The lowest recorded value was -15.9% in 2002.
- How does Madagascar rank for value added, services and etc growth rate?
- Madagascar ranks 49th out of 49 countries with data for 2009.
- Is value added, services and etc growth rate rising or falling in Madagascar?
- Over the last ten years it is down 247.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Value added, services and etc growth rate (%). Statizoid updates them automatically from the source API.
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About this data
This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.