Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.1182 million SLC per person in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Madagascar stood at 0.1182 million SLC per person.
That represents a change of down 3.1% on the previous year and up 6.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 0.2516 million SLC per person in 1971 and was at its lowest, 0.1036 million SLC per person, in 2020.
That places Madagascar 29th out of 194 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.2462 million SLC per person | — |
| 1971 | 0.2516 million SLC per person | +2.2% |
| 1972 | 0.2483 million SLC per person | -1.3% |
| 1973 | 0.2361 million SLC per person | -4.9% |
| 1974 | 0.2444 million SLC per person | +3.5% |
| 1975 | 0.2371 million SLC per person | -3.0% |
| 1976 | 0.209 million SLC per person | -11.8% |
| 1977 | 0.2089 million SLC per person | -0.1% |
| 1978 | 0.2111 million SLC per person | +1.0% |
| 1979 | 0.2309 million SLC per person | +9.4% |
| 1980 | 0.2181 million SLC per person | -5.6% |
| 1981 | 0.1632 million SLC per person | -25.2% |
| 1982 | 0.136 million SLC per person | -16.7% |
| 1983 | 0.1339 million SLC per person | -1.6% |
| 1984 | 0.1481 million SLC per person | +10.6% |
| 1985 | 0.1457 million SLC per person | -1.6% |
| 1986 | 0.147 million SLC per person | +0.9% |
| 1987 | 0.1496 million SLC per person | +1.8% |
| 1988 | 0.1479 million SLC per person | -1.1% |
| 1989 | 0.1455 million SLC per person | -1.6% |
| 1990 | 0.1404 million SLC per person | -3.5% |
| 1991 | 0.1356 million SLC per person | -3.4% |
| 1992 | 0.1305 million SLC per person | -3.8% |
| 1993 | 0.1305 million SLC per person | +0.0% |
| 1994 | 0.1246 million SLC per person | -4.5% |
| 1995 | 0.1245 million SLC per person | -0.1% |
| 1996 | 0.1218 million SLC per person | -2.2% |
| 1997 | 0.1208 million SLC per person | -0.8% |
| 1998 | 0.125 million SLC per person | +3.4% |
| 1999 | 0.1259 million SLC per person | +0.7% |
| 2000 | 0.129 million SLC per person | +2.5% |
| 2001 | 0.1386 million SLC per person | +7.4% |
| 2002 | 0.1095 million SLC per person | -20.9% |
| 2003 | 0.1229 million SLC per person | +12.2% |
| 2004 | 0.1273 million SLC per person | +3.5% |
| 2005 | 0.1273 million SLC per person | +0.0% |
| 2006 | 0.1277 million SLC per person | +0.3% |
| 2007 | 0.1374 million SLC per person | +7.6% |
| 2008 | 0.1414 million SLC per person | +2.9% |
| 2009 | 0.1261 million SLC per person | -10.9% |
| 2010 | 0.1202 million SLC per person | -4.7% |
| 2011 | 0.1174 million SLC per person | -2.3% |
| 2012 | 0.1168 million SLC per person | -0.6% |
| 2013 | 0.1112 million SLC per person | -4.8% |
| 2014 | 0.111 million SLC per person | -0.2% |
| 2015 | 0.1111 million SLC per person | +0.2% |
| 2016 | 0.1144 million SLC per person | +2.9% |
| 2017 | 0.1162 million SLC per person | +1.6% |
| 2018 | 0.1187 million SLC per person | +2.1% |
| 2019 | 0.1209 million SLC per person | +1.9% |
| 2020 | 0.1036 million SLC per person | -14.3% |
| 2021 | 0.115 million SLC per person | +10.9% |
| 2022 | 0.1219 million SLC per person | +6.0% |
| 2023 | 0.1182 million SLC per person | -3.1% |
Madagascar compared with similar countries
- Madagascar's 0.1182 million SLC per person is above the median for low income countries, which is 0.0232 million SLC per person, 5.1× the median. (23 countries reporting)
- Madagascar's 0.1182 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0338 million SLC per person, 3.5× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2324 million SLC per person | 0.2089 million SLC per person | 0.2516 million SLC per person | 10 |
| 1980s | 0.1535 million SLC per person | 0.1339 million SLC per person | 0.2181 million SLC per person | 10 |
| 1990s | 0.128 million SLC per person | 0.1208 million SLC per person | 0.1404 million SLC per person | 10 |
| 2000s | 0.1287 million SLC per person | 0.1095 million SLC per person | 0.1414 million SLC per person | 10 |
| 2010s | 0.1158 million SLC per person | 0.111 million SLC per person | 0.1209 million SLC per person | 10 |
| 2020s | 0.1147 million SLC per person | 0.1036 million SLC per person | 0.1219 million SLC per person | 4 |
Countries ranked near Madagascar
- 26 Senegal 0.1382 million SLC per person compare
- 27 Cameroon 0.1251 million SLC per person compare
- 28 Czechia 0.1236 million SLC per person compare
- 30 Serbia 0.1171 million SLC per person compare
- 31 French Polynesia 0.1104 million SLC per person compare
- 32 Congo 0.0935 million SLC per person 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 0.1182 million SLC per person 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 0.2516 million SLC per person in 1971.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was 0.1036 million SLC per person in 2020.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 29th out of 194 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 6.3%. The long-run trend across the full record is falling.
- 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.