Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was -0.6499 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-0.6499 % change on previous year
Change on year
down 107.5%
World rank
148th
of 223 countries
All-time high
15.57 % change on previous year
in 2003
All-time low
-22.91 % change on previous year
in 1981
Years of data
53
1971–2023
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Madagascar is -0.6499 % change on previous year, measured in 2023.
Compared with earlier readings it is down 107.5% on the previous year and up 69.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 15.57 % change on previous year in 2003 and was at its lowest, -22.91 % change on previous year, in 1981.
That places Madagascar 148th out of 223 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.22 % change on previous year | — |
| 1972 | 1.65 % change on previous year | -68.3% |
| 1973 | -2.03 % change on previous year | -223.0% |
| 1974 | 6.64 % change on previous year | -426.6% |
| 1975 | 0 % change on previous year | -100.0% |
| 1976 | -9.14 % change on previous year | — |
| 1977 | 3 % change on previous year | -132.8% |
| 1978 | 4.16 % change on previous year | +38.7% |
| 1979 | 12.77 % change on previous year | +207.2% |
| 1980 | -2.65 % change on previous year | -120.8% |
| 1981 | -22.91 % change on previous year | +762.9% |
| 1982 | -14.15 % change on previous year | -38.2% |
| 1983 | 1.37 % change on previous year | -109.7% |
| 1984 | 13.9 % change on previous year | +910.7% |
| 1985 | 1.31 % change on previous year | -90.5% |
| 1986 | 3.82 % change on previous year | +190.9% |
| 1987 | 4.71 % change on previous year | +23.3% |
| 1988 | 1.74 % change on previous year | -63.1% |
| 1989 | 1.28 % change on previous year | -26.2% |
| 1990 | -0.6235 % change on previous year | -148.6% |
| 1991 | -0.5004 % change on previous year | -19.7% |
| 1992 | -0.82 % change on previous year | +63.9% |
| 1993 | 3.12 % change on previous year | -480.2% |
| 1994 | -1.49 % change on previous year | -147.9% |
| 1995 | 3.13 % change on previous year | -309.6% |
| 1996 | 1.03 % change on previous year | -67.0% |
| 1997 | 2.46 % change on previous year | +138.9% |
| 1998 | 6.86 % change on previous year | +178.4% |
| 1999 | 4.05 % change on previous year | -40.9% |
| 2000 | 5.79 % change on previous year | +43.0% |
| 2001 | 10.77 % change on previous year | +85.9% |
| 2002 | -18.54 % change on previous year | -272.2% |
| 2003 | 15.57 % change on previous year | -184.0% |
| 2004 | 6.6 % change on previous year | -57.6% |
| 2005 | 3 % change on previous year | -54.6% |
| 2006 | 3.28 % change on previous year | +9.4% |
| 2007 | 10.83 % change on previous year | +230.4% |
| 2008 | 5.98 % change on previous year | -44.8% |
| 2009 | -8.19 % change on previous year | -236.9% |
| 2010 | -1.88 % change on previous year | -77.0% |
| 2011 | 0.5443 % change on previous year | -128.9% |
| 2012 | 2.2 % change on previous year | +304.8% |
| 2013 | -2.15 % change on previous year | -197.7% |
| 2014 | 2.51 % change on previous year | -216.5% |
| 2015 | 2.85 % change on previous year | +13.6% |
| 2016 | 5.62 % change on previous year | +97.2% |
| 2017 | 4.26 % change on previous year | -24.1% |
| 2018 | 4.84 % change on previous year | +13.7% |
| 2019 | 4.61 % change on previous year | -4.9% |
| 2020 | -12.09 % change on previous year | -362.4% |
| 2021 | 13.76 % change on previous year | -213.8% |
| 2022 | 8.69 % change on previous year | -36.8% |
| 2023 | -0.6499 % change on previous year | -107.5% |
Madagascar compared with similar countries
- Madagascar's -0.6499 % change on previous year is below the median for low income countries, which is 3.42 % change on previous year. (23 countries reporting)
- Madagascar's -0.6499 % change on previous year is below the median for Sub-Saharan Africa, which is 2.6 % change on previous year. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.47 % change on previous year | -9.14 % change on previous year | 12.77 % change on previous year | 9 |
| 1980s | -1.16 % change on previous year | -22.91 % change on previous year | 13.9 % change on previous year | 10 |
| 1990s | 1.72 % change on previous year | -1.49 % change on previous year | 6.86 % change on previous year | 10 |
| 2000s | 3.51 % change on previous year | -18.54 % change on previous year | 15.57 % change on previous year | 10 |
| 2010s | 2.34 % change on previous year | -2.15 % change on previous year | 5.62 % change on previous year | 10 |
| 2020s | 2.43 % change on previous year | -12.09 % change on previous year | 13.76 % change on previous year | 4 |
Countries ranked near Madagascar
- 145 Vanuatu -0.5664 % change on previous year compare
- 146 Puerto Rico -0.5894 % change on previous year compare
- 147 Poland -0.6136 % change on previous year compare
- 149 Canada -0.7439 % change on previous year compare
- 150 San Marino -0.7806 % change on previous year compare
- 151 North Macedonia -0.8368 % change on previous year compare
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 value added (total manufacturing) — value standard local currency in Madagascar?
- Value added (total manufacturing) — value standard local currency in Madagascar was -0.6499 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The highest recorded value was 15.57 % change on previous year in 2003.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was -22.91 % change on previous year in 1981.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 148th out of 223 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Madagascar?
- Over the last ten years it is up 69.8%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total 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
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.