Value Added (Total Manufacturing) — Value US$ in Madagascar
Madagascar: Value Added (Total Manufacturing) — Value US$ was 2,031 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Madagascar, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Madagascar recorded 2,031 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 54 years on record.
That represents a change of up 5.4% on the previous year and up 89.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Madagascar peaked at 2,031 million USD in 2023 and was at its lowest, 106.2 million USD, in 1970.
Madagascar ranks 136th of 236 countries on this measure, 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$ in Madagascar, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 106.2 million USD | — |
| 1971 | 113.83 million USD | +7.2% |
| 1972 | 133.05 million USD | +16.9% |
| 1973 | 173.17 million USD | +30.2% |
| 1974 | 177.67 million USD | +2.6% |
| 1975 | 211.22 million USD | +18.9% |
| 1976 | 204.47 million USD | -3.2% |
| 1977 | 234.62 million USD | +14.7% |
| 1978 | 265.95 million USD | +13.4% |
| 1979 | 345.12 million USD | +29.8% |
| 1980 | 377.21 million USD | +9.3% |
| 1981 | 295.65 million USD | -21.6% |
| 1982 | 274.81 million USD | -7.0% |
| 1983 | 276.16 million USD | +0.5% |
| 1984 | 237.83 million USD | -13.9% |
| 1985 | 238.44 million USD | +0.3% |
| 1986 | 265.18 million USD | +11.2% |
| 1987 | 215.77 million USD | -18.6% |
| 1988 | 200.56 million USD | -7.0% |
| 1989 | 236.22 million USD | +17.8% |
| 1990 | 281.94 million USD | +19.4% |
| 1991 | 248.69 million USD | -11.8% |
| 1992 | 269.49 million USD | +8.4% |
| 1993 | 305.66 million USD | +13.4% |
| 1994 | 266.87 million USD | -12.7% |
| 1995 | 279.9 million USD | +4.9% |
| 1996 | 350.4 million USD | +25.2% |
| 1997 | 305.8 million USD | -12.7% |
| 1998 | 327.7 million USD | +7.2% |
| 1999 | 319.56 million USD | -2.5% |
| 2000 | 343.05 million USD | +7.3% |
| 2001 | 424.71 million USD | +23.8% |
| 2002 | 426.31 million USD | +0.4% |
| 2003 | 561.75 million USD | +31.8% |
| 2004 | 460.8 million USD | -18.0% |
| 2005 | 526.24 million USD | +14.2% |
| 2006 | 584.29 million USD | +11.0% |
| 2007 | 781.11 million USD | +33.7% |
| 2008 | 1,039 million USD | +33.1% |
| 2009 | 880.8 million USD | -15.3% |
| 2010 | 894.35 million USD | +1.5% |
| 2011 | 1,008 million USD | +12.7% |
| 2012 | 1,003 million USD | -0.4% |
| 2013 | 1,072 million USD | +6.9% |
| 2014 | 1,132 million USD | +5.6% |
| 2015 | 963.33 million USD | -14.9% |
| 2016 | 1,208 million USD | +25.4% |
| 2017 | 1,211 million USD | +0.2% |
| 2018 | 1,289 million USD | +6.5% |
| 2019 | 1,423 million USD | +10.4% |
| 2020 | 1,269 million USD | -10.8% |
| 2021 | 1,632 million USD | +28.6% |
| 2022 | 1,927 million USD | +18.1% |
| 2023 | 2,031 million USD | +5.4% |
Madagascar compared with similar countries
- Madagascar's 2,031 million USD is above the median for low income countries, which is 1,207 million USD, 1.7× the median. (23 countries reporting)
- Madagascar's 2,031 million USD is above the median for Sub-Saharan Africa, which is 1,532 million USD, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 196.53 million USD | 106.2 million USD | 345.12 million USD | 10 |
| 1980s | 261.79 million USD | 200.56 million USD | 377.21 million USD | 10 |
| 1990s | 295.6 million USD | 248.69 million USD | 350.4 million USD | 10 |
| 2000s | 602.84 million USD | 343.05 million USD | 1,039 million USD | 10 |
| 2010s | 1,120 million USD | 894.35 million USD | 1,423 million USD | 10 |
| 2020s | 1,715 million USD | 1,269 million USD | 2,031 million USD | 4 |
Countries ranked near Madagascar
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 us$ in Madagascar?
- Value added (total manufacturing) — value us$ in Madagascar was 2,031 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Madagascar?
- The highest recorded value was 2,031 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Madagascar?
- The lowest recorded value was 106.2 million USD in 1970.
- How does Madagascar rank for value added (total manufacturing) — value us$?
- Madagascar ranks 136th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Madagascar?
- Over the last ten years it is up 89.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).