Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0002 million SLC per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0002 million SLC per US$ of GDP
Change on year
down 5.0%
World rank
12th
of 193 countries
All-time high
0.0015 million SLC per US$ of GDP
in 1970
All-time low
0.0002 million SLC per US$ of GDP
in 2013
Years of data
54
1970–2023
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Madagascar is 0.0002 million SLC per US$ of GDP, measured in 2023.
That represents a change of down 5.0% on the previous year and up 6.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 0.0015 million SLC per US$ of GDP in 1970 and was at its lowest, 0.0002 million SLC per US$ of GDP, in 2013.
Madagascar ranks 12th of 193 countries on this measure, in the top 10%.
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 | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0015 million SLC per US$ of GDP | — |
| 1971 | 0.0014 million SLC per US$ of GDP | -2.5% |
| 1972 | 0.0013 million SLC per US$ of GDP | -9.1% |
| 1973 | 0.001 million SLC per US$ of GDP | -20.5% |
| 1974 | 0.001 million SLC per US$ of GDP | -8.1% |
| 1975 | 0.0008 million SLC per US$ of GDP | -16.0% |
| 1976 | 0.0008 million SLC per US$ of GDP | -4.9% |
| 1977 | 0.0007 million SLC per US$ of GDP | -4.7% |
| 1978 | 0.0007 million SLC per US$ of GDP | -8.0% |
| 1979 | 0.0006 million SLC per US$ of GDP | -13.1% |
| 1980 | 0.0004 million SLC per US$ of GDP | -35.2% |
| 1981 | 0.0003 million SLC per US$ of GDP | -15.7% |
| 1982 | 0.0003 million SLC per US$ of GDP | -14.6% |
| 1983 | 0.0003 million SLC per US$ of GDP | +3.5% |
| 1984 | 0.0004 million SLC per US$ of GDP | +36.7% |
| 1985 | 0.0004 million SLC per US$ of GDP | +4.1% |
| 1986 | 0.0004 million SLC per US$ of GDP | -9.2% |
| 1987 | 0.0005 million SLC per US$ of GDP | +41.7% |
| 1988 | 0.0005 million SLC per US$ of GDP | +2.5% |
| 1989 | 0.0005 million SLC per US$ of GDP | +1.7% |
| 1990 | 0.0004 million SLC per US$ of GDP | -19.7% |
| 1991 | 0.0005 million SLC per US$ of GDP | +20.2% |
| 1992 | 0.0004 million SLC per US$ of GDP | -13.1% |
| 1993 | 0.0004 million SLC per US$ of GDP | -5.7% |
| 1994 | 0.0005 million SLC per US$ of GDP | +13.6% |
| 1995 | 0.0005 million SLC per US$ of GDP | -5.4% |
| 1996 | 0.0004 million SLC per US$ of GDP | -21.4% |
| 1997 | 0.0004 million SLC per US$ of GDP | +18.5% |
| 1998 | 0.0004 million SLC per US$ of GDP | +3.5% |
| 1999 | 0.0005 million SLC per US$ of GDP | +7.1% |
| 2000 | 0.0005 million SLC per US$ of GDP | -2.2% |
| 2001 | 0.0004 million SLC per US$ of GDP | -5.7% |
| 2002 | 0.0004 million SLC per US$ of GDP | -17.2% |
| 2003 | 0.0003 million SLC per US$ of GDP | -2.9% |
| 2004 | 0.0005 million SLC per US$ of GDP | +34.1% |
| 2005 | 0.0004 million SLC per US$ of GDP | -11.0% |
| 2006 | 0.0004 million SLC per US$ of GDP | -5.4% |
| 2007 | 0.0003 million SLC per US$ of GDP | -16.8% |
| 2008 | 0.0003 million SLC per US$ of GDP | -15.8% |
| 2009 | 0.0003 million SLC per US$ of GDP | +2.4% |
| 2010 | 0.0003 million SLC per US$ of GDP | -5.5% |
| 2011 | 0.0002 million SLC per US$ of GDP | -13.1% |
| 2012 | 0.0002 million SLC per US$ of GDP | +2.0% |
| 2013 | 0.0002 million SLC per US$ of GDP | -8.8% |
| 2014 | 0.0002 million SLC per US$ of GDP | +1.7% |
| 2015 | 0.0002 million SLC per US$ of GDP | +13.7% |
| 2016 | 0.0003 million SLC per US$ of GDP | +0.9% |
| 2017 | 0.0002 million SLC per US$ of GDP | -6.2% |
| 2018 | 0.0002 million SLC per US$ of GDP | +0.4% |
| 2019 | 0.0002 million SLC per US$ of GDP | +2.1% |
| 2020 | 0.0002 million SLC per US$ of GDP | -5.0% |
| 2021 | 0.0002 million SLC per US$ of GDP | +3.4% |
| 2022 | 0.0002 million SLC per US$ of GDP | +1.7% |
| 2023 | 0.0002 million SLC per US$ of GDP | -5.0% |
Madagascar compared with similar countries
- Madagascar's 0.0002 million SLC per US$ of GDP is above the median for low income countries, which is 0 million SLC per US$ of GDP, 6.4× the median. (23 countries reporting)
- Madagascar's 0.0002 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0 million SLC per US$ of GDP, 12.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.001 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 0.0015 million SLC per US$ of GDP | 10 |
| 1980s | 0.0004 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 10 |
| 1990s | 0.0004 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 10 |
| 2000s | 0.0004 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 10 |
| 2010s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 10 |
| 2020s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 4 |
Countries ranked near Madagascar
- 9 Somalia 0.0004 million SLC per US$ of GDP compare
- 10 Colombia 0.0003 million SLC per US$ of GDP compare
- 11 Myanmar 0.0003 million SLC per US$ of GDP compare
- 13 Burundi 0.0002 million SLC per US$ of GDP compare
- 14 Mongolia 0.0001 million SLC per US$ of GDP compare
- 15 Lebanon 0.0001 million SLC per US$ of GDP 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 0.0002 million SLC per US$ of GDP 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 0.0015 million SLC per US$ of GDP in 1970.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was 0.0002 million SLC per US$ of GDP in 2013.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 12th out of 193 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 6.5%. 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, per unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.