Value Added (Total Manufacturing) — Value US$, annual growth rate in Madagascar

Madagascar: Value Added (Total Manufacturing) — Value US$, annual growth rate was 5.38 % change on previous year in 2023. ◆ Volatile

Latest (2023)
5.38 % change on previous year
Change on year
down 70.2%
World rank
117th
of 236 countries
All-time high
33.68 % change on previous year
in 2007
All-time low
-21.62 % change on previous year
in 1981
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Madagascar, 1971–2023

-2002040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added (total manufacturing) — value us$, annual growth rate in Madagascar stood at 5.38 % change on previous year.

The figure is down 70.2% on the previous year and down 21.5% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Madagascar peaked at 33.68 % change on previous year in 2007 and was at its lowest, -21.62 % change on previous year, in 1981.

That places Madagascar 117th out of 236 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value US$, annual growth rate in Madagascar, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Madagascar, 1971 to 2023.
Year % change on previous year Change
1971 7.18 % change on previous year
1972 16.89 % change on previous year +135.2%
1973 30.15 % change on previous year +78.5%
1974 2.6 % change on previous year -91.4%
1975 18.88 % change on previous year +627.1%
1976 -3.2 % change on previous year -116.9%
1977 14.75 % change on previous year -561.3%
1978 13.35 % change on previous year -9.5%
1979 29.77 % change on previous year +122.9%
1980 9.3 % change on previous year -68.8%
1981 -21.62 % change on previous year -332.5%
1982 -7.05 % change on previous year -67.4%
1983 0.4902 % change on previous year -107.0%
1984 -13.88 % change on previous year -2931.9%
1985 0.2594 % change on previous year -101.9%
1986 11.21 % change on previous year +4221.7%
1987 -18.63 % change on previous year -266.2%
1988 -7.05 % change on previous year -62.2%
1989 17.78 % change on previous year -352.2%
1990 19.35 % change on previous year +8.8%
1991 -11.79 % change on previous year -160.9%
1992 8.36 % change on previous year -170.9%
1993 13.42 % change on previous year +60.4%
1994 -12.69 % change on previous year -194.6%
1995 4.89 % change on previous year -138.5%
1996 25.18 % change on previous year +415.5%
1997 -12.73 % change on previous year -150.5%
1998 7.16 % change on previous year -156.3%
1999 -2.48 % change on previous year -134.7%
2000 7.35 % change on previous year -396.0%
2001 23.81 % change on previous year +223.9%
2002 0.3753 % change on previous year -98.4%
2003 31.77 % change on previous year +8365.0%
2004 -17.97 % change on previous year -156.6%
2005 14.2 % change on previous year -179.0%
2006 11.03 % change on previous year -22.3%
2007 33.68 % change on previous year +205.3%
2008 33.07 % change on previous year -1.8%
2009 -15.26 % change on previous year -146.1%
2010 1.54 % change on previous year -110.1%
2011 12.69 % change on previous year +724.3%
2012 -0.4445 % change on previous year -103.5%
2013 6.86 % change on previous year -1642.6%
2014 5.58 % change on previous year -18.7%
2015 -14.9 % change on previous year -367.1%
2016 25.4 % change on previous year -270.5%
2017 0.2202 % change on previous year -99.1%
2018 6.49 % change on previous year +2848.4%
2019 10.39 % change on previous year +60.0%
2020 -10.82 % change on previous year -204.1%
2021 28.58 % change on previous year -364.3%
2022 18.09 % change on previous year -36.7%
2023 5.38 % change on previous year -70.2%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.

YearChange FromTo
2003 +8365.0% 0.3753 % change on previous year 31.77 % change on previous year
1986 +4221.7% 0.2594 % change on previous year 11.21 % change on previous year
1984 -2931.9% 0.4902 % change on previous year -13.88 % change on previous year
2018 +2848.4% 0.2202 % change on previous year 6.49 % change on previous year
2013 +1642.6% -0.4445 % change on previous year 6.86 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.49 % change on previous year -3.2 % change on previous year 30.15 % change on previous year 9
1980s -2.92 % change on previous year -21.62 % change on previous year 17.78 % change on previous year 10
1990s 3.87 % change on previous year -12.73 % change on previous year 25.18 % change on previous year 10
2000s 12.21 % change on previous year -17.97 % change on previous year 33.68 % change on previous year 10
2010s 5.38 % change on previous year -14.9 % change on previous year 25.4 % change on previous year 10
2020s 10.31 % change on previous year -10.82 % change on previous year 28.58 % change on previous year 4

Countries ranked near Madagascar

  1. 114 Rwanda 5.49 % change on previous year compare
  2. 115 Estonia 5.46 % change on previous year compare
  3. 116 Dominica 5.45 % change on previous year compare
  4. 118 New Caledonia 5.34 % change on previous year compare
  5. 119 Antigua and Barbuda 5.33 % change on previous year compare
  6. 120 Kazakhstan 5.32 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Madagascar?
Value added (total manufacturing) — value us$, annual growth rate in Madagascar was 5.38 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Madagascar?
The highest recorded value was 33.68 % change on previous year in 2007.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Madagascar?
The lowest recorded value was -21.62 % change on previous year in 1981.
How does Madagascar rank for value added (total manufacturing) — value us$, annual growth rate?
Madagascar ranks 117th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Madagascar?
Over the last ten years it is down 21.5%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.