Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar

Madagascar: Annual Purchasing Power Parities and exchange rates — Purchasing was 1,196 National currency per US dollar in 2023. ◆ Volatile

Latest (2023)
1,196 National currency per US dollar
Change on year
up 5.5%
Rank
1st
of 9 groups
All-time high
1,196 National currency per US dollar
in 2023
All-time low
89.76 National currency per US dollar
in 1990
Years of data
34
1990–2023

Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar, 1990–2023

02505007501.0k1.2k1990200620231990: 89.8 National currency per US dollar1991: 93.5 National currency per US dollar1992: 103.9 National currency per US dollar1993: 111.1 National currency per US dollar1994: 150.4 National currency per US dollar1995: 218.1 National currency per US dollar1996: 253.7 National currency per US dollar1997: 259.1 National currency per US dollar1998: 270.9 National currency per US dollar1999: 291.5 National currency per US dollar2000: 315.4 National currency per US dollar2001: 331 National currency per US dollar2002: 379.6 National currency per US dollar2003: 364.8 National currency per US dollar2004: 404.9 National currency per US dollar2005: 463.5 National currency per US dollar2006: 497.4 National currency per US dollar2007: 533.3 National currency per US dollar2008: 561.4 National currency per US dollar2009: 613.8 National currency per US dollar2010: 659.8 National currency per US dollar2011: 700.2 National currency per US dollar2012: 706.4 National currency per US dollar2013: 755.8 National currency per US dollar2014: 791.2 National currency per US dollar2015: 842.9 National currency per US dollar2016: 878.1 National currency per US dollar2017: 946.7 National currency per US dollar2018: 1.0k National currency per US dollar2019: 1.1k National currency per US dollar2020: 1.1k National currency per US dollar2021: 1.1k National currency per US dollar2022: 1.1k National currency per US dollar2023: 1.2k National currency per US dollar

Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.

Analysis

In 2023, annual purchasing power parities and exchange rates — purchasing in Madagascar stood at 1,196 National currency per US dollar. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 58.3% over ten years.

Over the whole period, annual purchasing power parities and exchange rates — purchasing in Madagascar peaked at 1,196 National currency per US dollar in 2023 and was at its lowest, 89.76 National currency per US dollar, in 1990.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 184.19 National currency per US dollar 89.76 National currency per US dollar 291.46 National currency per US dollar 10
2000s 446.52 National currency per US dollar 315.38 National currency per US dollar 613.83 National currency per US dollar 10
2010s 835.29 National currency per US dollar 659.77 National currency per US dollar 1,056 National currency per US dollar 10
2020s 1,140 National currency per US dollar 1,099 National currency per US dollar 1,196 National currency per US dollar 4

Countries ranked near Madagascar

  1. 1 Indonesia 5,105 National currency per US dollar compare
  2. 2 Colombia 1,666 National currency per US dollar compare
  3. 3 Chile 486.88 National currency per US dollar compare
  4. 4 Costa Rica 314.54 National currency per US dollar compare

See the full ranking of 68 places →

More population data for Madagascar

All data for Madagascar →

Frequently asked questions

What is annual purchasing power parities and exchange rates — purchasing in Madagascar?
Annual purchasing power parities and exchange rates — purchasing in Madagascar was 1,196 National currency per US dollar in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Madagascar?
The highest recorded value was 1,196 National currency per US dollar in 2023.
What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Madagascar?
The lowest recorded value was 89.76 National currency per US dollar in 1990.
How does Madagascar rank for annual purchasing power parities and exchange rates — purchasing?
Madagascar ranks 1st out of 9 groups with data for 2023.
Is annual purchasing power parities and exchange rates — purchasing rising or falling in Madagascar?
Over the last ten years it is up 58.3%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid updates them automatically from the source API.

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Annual Purchasing Power Parities and exchange rates — Purchasing in Madagascar. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://population.statizoid.com/stat/annual-purchasing-power-parities-and-exchange-rates-purchasing-power-parities-for/madagascar-2/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
68 places, 2,841 data points, 1970–2025
Last refreshed

This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org