Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.2884 million SLC per person in 2023. ◆ Volatile
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 0.2884 million SLC per person. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 193.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 0.2884 million SLC per person in 2023 and was at its lowest, 0.0009 million SLC per person, in 1970.
Madagascar ranks 25th of 194 countries on this measure, 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 | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0009 million SLC per person | — |
| 1971 | 0.0009 million SLC per person | +3.9% |
| 1972 | 0.0009 million SLC per person | +3.2% |
| 1973 | 0.0011 million SLC per person | +11.7% |
| 1974 | 0.0011 million SLC per person | +7.5% |
| 1975 | 0.0012 million SLC per person | +2.7% |
| 1976 | 0.0012 million SLC per person | +4.7% |
| 1977 | 0.0014 million SLC per person | +14.5% |
| 1978 | 0.0014 million SLC per person | +1.0% |
| 1979 | 0.0017 million SLC per person | +18.7% |
| 1980 | 0.0018 million SLC per person | +5.3% |
| 1981 | 0.0017 million SLC per person | -2.2% |
| 1982 | 0.002 million SLC per person | +16.1% |
| 1983 | 0.0024 million SLC per person | +20.1% |
| 1984 | 0.0027 million SLC per person | +12.0% |
| 1985 | 0.003 million SLC per person | +11.9% |
| 1986 | 0.0033 million SLC per person | +10.3% |
| 1987 | 0.0042 million SLC per person | +25.0% |
| 1988 | 0.005 million SLC per person | +18.9% |
| 1989 | 0.0065 million SLC per person | +30.4% |
| 1990 | 0.007 million SLC per person | +8.0% |
| 1991 | 0.0073 million SLC per person | +5.2% |
| 1992 | 0.0078 million SLC per person | +6.8% |
| 1993 | 0.0089 million SLC per person | +13.0% |
| 1994 | 0.012 million SLC per person | +35.7% |
| 1995 | 0.017 million SLC per person | +41.3% |
| 1996 | 0.0196 million SLC per person | +15.4% |
| 1997 | 0.0208 million SLC per person | +5.9% |
| 1998 | 0.023 million SLC per person | +10.9% |
| 1999 | 0.0251 million SLC per person | +9.0% |
| 2000 | 0.0281 million SLC per person | +12.0% |
| 2001 | 0.0329 million SLC per person | +16.9% |
| 2002 | 0.0332 million SLC per person | +1.0% |
| 2003 | 0.0385 million SLC per person | +16.0% |
| 2004 | 0.0463 million SLC per person | +20.2% |
| 2005 | 0.055 million SLC per person | +18.9% |
| 2006 | 0.0634 million SLC per person | +15.3% |
| 2007 | 0.072 million SLC per person | +13.6% |
| 2008 | 0.0849 million SLC per person | +17.8% |
| 2009 | 0.08 million SLC per person | -5.8% |
| 2010 | 0.0843 million SLC per person | +5.4% |
| 2011 | 0.0894 million SLC per person | +6.1% |
| 2012 | 0.0939 million SLC per person | +5.0% |
| 2013 | 0.0981 million SLC per person | +4.6% |
| 2014 | 0.1104 million SLC per person | +12.5% |
| 2015 | 0.1111 million SLC per person | +0.7% |
| 2016 | 0.147 million SLC per person | +32.3% |
| 2017 | 0.1408 million SLC per person | -4.2% |
| 2018 | 0.1564 million SLC per person | +11.0% |
| 2019 | 0.1825 million SLC per person | +16.7% |
| 2020 | 0.166 million SLC per person | -9.0% |
| 2021 | 0.2105 million SLC per person | +26.8% |
| 2022 | 0.2594 million SLC per person | +23.2% |
| 2023 | 0.2884 million SLC per person | +11.2% |
Madagascar compared with similar countries
- Madagascar's 0.2884 million SLC per person is above the median for low income countries, which is 0.0572 million SLC per person, 5.0× the median. (23 countries reporting)
- Madagascar's 0.2884 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0572 million SLC per person, 5.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0012 million SLC per person | 0.0009 million SLC per person | 0.0017 million SLC per person | 10 |
| 1980s | 0.0033 million SLC per person | 0.0017 million SLC per person | 0.0065 million SLC per person | 10 |
| 1990s | 0.0149 million SLC per person | 0.007 million SLC per person | 0.0251 million SLC per person | 10 |
| 2000s | 0.0534 million SLC per person | 0.0281 million SLC per person | 0.0849 million SLC per person | 10 |
| 2010s | 0.1214 million SLC per person | 0.0843 million SLC per person | 0.1825 million SLC per person | 10 |
| 2020s | 0.2311 million SLC per person | 0.166 million SLC per person | 0.2884 million SLC per person | 4 |
Countries ranked near Madagascar
- 22 New Caledonia 0.3651 million SLC per person compare
- 23 Armenia 0.3542 million SLC per person compare
- 24 Somalia 0.3166 million SLC per person compare
- 26 Iraq 0.2614 million SLC per person compare
- 27 Syria 0.2553 million SLC per person compare
- 28 Cote d'Ivoire 0.2289 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 0.2884 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 0.2884 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was 0.0009 million SLC per person in 1970.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 25th 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 193.9%. 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.