Madagascar vs Mongolia: GDP

Madagascar
24.05 trillion constant LCU
in 2024
Mongolia
32.05 trillion constant LCU
in 2024
Madagascar rank
31st
Mongolia rank
28th

GDP over time

  • Madagascar
  • Mongolia
010.0T20.0T30.0T197019972024

How they compare

Mongolia currently reports 32.05 trillion constant LCU against 24.05 trillion constant LCU in Madagascar, a difference of 8.01 trillion constant LCU.

That makes Mongolia's figure about 1.3 times Madagascar's.

The two have swapped places 1 time across 44 shared years of data; in 1981 it was Madagascar ahead.

Madagascar ranks 31st and Mongolia ranks 28th of 209 countries.

Across the 5 decades both report, Madagascar averaged higher in 3 and Mongolia in 2.

Head to head by decade

Decade Madagascar Mongolia Difference Ahead
1980s 9.55 trillion constant LCU 6.37 trillion constant LCU 3.18 trillion constant LCU Madagascar
1990s 10.85 trillion constant LCU 6.78 trillion constant LCU 4.06 trillion constant LCU Madagascar
2000s 14.37 trillion constant LCU 10.21 trillion constant LCU 4.15 trillion constant LCU Madagascar
2010s 18.78 trillion constant LCU 21.73 trillion constant LCU 2.96 trillion constant LCU Mongolia
2020s 22.17 trillion constant LCU 28.96 trillion constant LCU 6.79 trillion constant LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Madagascar or Mongolia?
Mongolia, at 32.05 trillion constant LCU against 24.05 trillion constant LCU in Madagascar as of 2024.
What is the difference in gdp between Madagascar and Mongolia?
8.01 trillion constant LCU, with Mongolia ahead.
How many years of comparable data are there for Madagascar and Mongolia?
44 years are reported by both, from 1981 to 2024.
How do Madagascar and Mongolia rank globally for gdp?
Madagascar ranks 31st and Mongolia ranks 28th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Mongolia: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/gdp-constant-lcu-2/madagascar/mongolia/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release