Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was 13.96 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Madagascar stood at 13.96 % change on previous year.
That represents a change of down 46.9% on the previous year and up 87.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 45.86 % change on previous year in 1995 and was at its lowest, -6.64 % change on previous year, in 2020.
That places Madagascar 54th out of 231 countries with data for 2023, putting it in the top quarter.
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 | 6.96 % change on previous year | — |
| 1972 | 6.3 % change on previous year | -9.4% |
| 1973 | 15.11 % change on previous year | +139.7% |
| 1974 | 10.8 % change on previous year | -28.5% |
| 1975 | 5.85 % change on previous year | -45.8% |
| 1976 | 7.93 % change on previous year | +35.7% |
| 1977 | 17.98 % change on previous year | +126.7% |
| 1978 | 4.12 % change on previous year | -77.1% |
| 1979 | 22.33 % change on previous year | +442.5% |
| 1980 | 8.56 % change on previous year | -61.7% |
| 1981 | 0.8037 % change on previous year | -90.6% |
| 1982 | 19.63 % change on previous year | +2343.1% |
| 1983 | 23.68 % change on previous year | +20.6% |
| 1984 | 15.37 % change on previous year | -35.1% |
| 1985 | 15.18 % change on previous year | -1.2% |
| 1986 | 13.54 % change on previous year | -10.8% |
| 1987 | 28.64 % change on previous year | +111.5% |
| 1988 | 22.32 % change on previous year | -22.0% |
| 1989 | 34.21 % change on previous year | +53.3% |
| 1990 | 11.22 % change on previous year | -67.2% |
| 1991 | 8.35 % change on previous year | -25.5% |
| 1992 | 10.05 % change on previous year | +20.4% |
| 1993 | 16.45 % change on previous year | +63.6% |
| 1994 | 39.94 % change on previous year | +142.7% |
| 1995 | 45.86 % change on previous year | +14.8% |
| 1996 | 19.19 % change on previous year | -58.2% |
| 1997 | 9.4 % change on previous year | -51.0% |
| 1998 | 14.54 % change on previous year | +54.7% |
| 1999 | 12.61 % change on previous year | -13.2% |
| 2000 | 15.61 % change on previous year | +23.8% |
| 2001 | 20.53 % change on previous year | +31.5% |
| 2002 | 4.08 % change on previous year | -80.1% |
| 2003 | 19.42 % change on previous year | +375.5% |
| 2004 | 23.8 % change on previous year | +22.5% |
| 2005 | 22.4 % change on previous year | -5.9% |
| 2006 | 18.75 % change on previous year | -16.3% |
| 2007 | 16.93 % change on previous year | -9.7% |
| 2008 | 21.31 % change on previous year | +25.9% |
| 2009 | -2.97 % change on previous year | -113.9% |
| 2010 | 8.48 % change on previous year | -386.0% |
| 2011 | 9.19 % change on previous year | +8.4% |
| 2012 | 7.91 % change on previous year | -14.0% |
| 2013 | 7.44 % change on previous year | -5.9% |
| 2014 | 15.52 % change on previous year | +108.7% |
| 2015 | 3.38 % change on previous year | -78.2% |
| 2016 | 35.79 % change on previous year | +957.4% |
| 2017 | -1.69 % change on previous year | -104.7% |
| 2018 | 13.96 % change on previous year | -927.9% |
| 2019 | 19.77 % change on previous year | +41.6% |
| 2020 | -6.64 % change on previous year | -133.6% |
| 2021 | 30.01 % change on previous year | -552.1% |
| 2022 | 26.3 % change on previous year | -12.4% |
| 2023 | 13.96 % change on previous year | -46.9% |
Madagascar compared with similar countries
- Madagascar's 13.96 % change on previous year is above the median for low income countries, which is 8.73 % change on previous year, 1.6× the median. (23 countries reporting)
- Madagascar's 13.96 % change on previous year is above the median for Sub-Saharan Africa, which is 9.06 % change on previous year, 1.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total 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.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +2343.1% | 0.8037 % change on previous year | 19.63 % change on previous year |
| 2016 | +957.4% | 3.38 % change on previous year | 35.79 % change on previous year |
| 2018 | +927.9% | -1.69 % change on previous year | 13.96 % change on previous year |
| 2021 | +552.1% | -6.64 % change on previous year | 30.01 % change on previous year |
| 1979 | +442.5% | 4.12 % change on previous year | 22.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.82 % change on previous year | 4.12 % change on previous year | 22.33 % change on previous year | 9 |
| 1980s | 18.19 % change on previous year | 0.8037 % change on previous year | 34.21 % change on previous year | 10 |
| 1990s | 18.76 % change on previous year | 8.35 % change on previous year | 45.86 % change on previous year | 10 |
| 2000s | 15.99 % change on previous year | -2.97 % change on previous year | 23.8 % change on previous year | 10 |
| 2010s | 11.98 % change on previous year | -1.69 % change on previous year | 35.79 % change on previous year | 10 |
| 2020s | 15.91 % change on previous year | -6.64 % change on previous year | 30.01 % change on previous year | 4 |
Countries ranked near Madagascar
- 51 Moldova 14.37 % change on previous year compare
- 51 Republic of Moldova 14.37 % change on previous year compare
- 53 Nicaragua 14.11 % change on previous year compare
- 55 Croatia 13.95 % change on previous year compare
- 56 Grenada 13.92 % change on previous year compare
- 57 Anguilla 13.65 % 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 13.96 % 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 45.86 % change on previous year in 1995.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was -6.64 % change on previous year in 2020.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 54th out of 231 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 87.7%. 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, 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. 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.