Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0006 million SLC per US$ of GDP in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Madagascar, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Madagascar stood at 0.0006 million SLC per US$ of GDP. That is the highest value across all 54 years on record.
That represents a change of up 9.0% on the previous year and up 194.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Madagascar peaked at 0.0006 million SLC per US$ of GDP in 2023 and was at its lowest, 0 million SLC per US$ of GDP, in 1980.
Madagascar ranks 10th 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 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -0.9% |
| 1972 | 0 million SLC per US$ of GDP | -5.0% |
| 1973 | 0 million SLC per US$ of GDP | -6.6% |
| 1974 | 0 million SLC per US$ of GDP | -4.5% |
| 1975 | 0 million SLC per US$ of GDP | -11.1% |
| 1976 | 0 million SLC per US$ of GDP | +12.9% |
| 1977 | 0 million SLC per US$ of GDP | +9.1% |
| 1978 | 0 million SLC per US$ of GDP | -8.0% |
| 1979 | 0 million SLC per US$ of GDP | -5.7% |
| 1980 | 0 million SLC per US$ of GDP | -27.7% |
| 1981 | 0 million SLC per US$ of GDP | +10.2% |
| 1982 | 0 million SLC per US$ of GDP | +19.0% |
| 1983 | 0 million SLC per US$ of GDP | +26.3% |
| 1984 | 0 million SLC per US$ of GDP | +38.4% |
| 1985 | 0 million SLC per US$ of GDP | +18.3% |
| 1986 | 0 million SLC per US$ of GDP | -0.7% |
| 1987 | 0 million SLC per US$ of GDP | +74.1% |
| 1988 | 0 million SLC per US$ of GDP | +23.2% |
| 1989 | 0 million SLC per US$ of GDP | +34.8% |
| 1990 | 0 million SLC per US$ of GDP | -10.2% |
| 1991 | 0 million SLC per US$ of GDP | +30.9% |
| 1992 | 0 million SLC per US$ of GDP | -3.6% |
| 1993 | 0 million SLC per US$ of GDP | +6.5% |
| 1994 | 0 million SLC per US$ of GDP | +61.4% |
| 1995 | 0.0001 million SLC per US$ of GDP | +33.9% |
| 1996 | 0.0001 million SLC per US$ of GDP | -7.2% |
| 1997 | 0.0001 million SLC per US$ of GDP | +26.6% |
| 1998 | 0.0001 million SLC per US$ of GDP | +10.9% |
| 1999 | 0.0001 million SLC per US$ of GDP | +15.9% |
| 2000 | 0.0001 million SLC per US$ of GDP | +6.8% |
| 2001 | 0.0001 million SLC per US$ of GDP | +2.6% |
| 2002 | 0.0001 million SLC per US$ of GDP | +5.8% |
| 2003 | 0.0001 million SLC per US$ of GDP | +0.3% |
| 2004 | 0.0002 million SLC per US$ of GDP | +55.8% |
| 2005 | 0.0002 million SLC per US$ of GDP | +5.8% |
| 2006 | 0.0002 million SLC per US$ of GDP | +8.8% |
| 2007 | 0.0002 million SLC per US$ of GDP | -12.3% |
| 2008 | 0.0002 million SLC per US$ of GDP | -3.6% |
| 2009 | 0.0002 million SLC per US$ of GDP | +8.2% |
| 2010 | 0.0002 million SLC per US$ of GDP | +4.5% |
| 2011 | 0.0002 million SLC per US$ of GDP | -5.6% |
| 2012 | 0.0002 million SLC per US$ of GDP | +7.7% |
| 2013 | 0.0002 million SLC per US$ of GDP | +0.1% |
| 2014 | 0.0002 million SLC per US$ of GDP | +14.6% |
| 2015 | 0.0002 million SLC per US$ of GDP | +14.3% |
| 2016 | 0.0003 million SLC per US$ of GDP | +29.8% |
| 2017 | 0.0003 million SLC per US$ of GDP | -11.6% |
| 2018 | 0.0003 million SLC per US$ of GDP | +9.1% |
| 2019 | 0.0004 million SLC per US$ of GDP | +16.8% |
| 2020 | 0.0004 million SLC per US$ of GDP | +0.9% |
| 2021 | 0.0004 million SLC per US$ of GDP | +18.2% |
| 2022 | 0.0005 million SLC per US$ of GDP | +18.2% |
| 2023 | 0.0006 million SLC per US$ of GDP | +9.0% |
Madagascar compared with similar countries
- Madagascar's 0.0006 million SLC per US$ of GDP is above the median for low income countries, which is 0.0001 million SLC per US$ of GDP, 7.7× the median. (23 countries reporting)
- Madagascar's 0.0006 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0 million SLC per US$ of GDP, 12.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2000s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2010s | 0.0003 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 10 |
| 2020s | 0.0005 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 4 |
Countries ranked near Madagascar
- 7 Cambodia 0.0011 million SLC per US$ of GDP compare
- 8 Guinea 0.001 million SLC per US$ of GDP compare
- 9 Uganda 0.0006 million SLC per US$ of GDP compare
- 11 Somalia 0.0005 million SLC per US$ of GDP compare
- 12 Myanmar 0.0005 million SLC per US$ of GDP compare
- 13 Colombia 0.0005 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 0.0006 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 0.0006 million SLC per US$ of GDP in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Madagascar?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1980.
- How does Madagascar rank for value added (total manufacturing) — value standard local currency?
- Madagascar ranks 10th 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 194.6%. 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 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ GDP (current US$)
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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.