GDP (constant LCU) (UNESCO Institute) in Madagascar
Madagascar: GDP (constant LCU) (UNESCO Institute) was 24.05 trillion constant LCU in 2024. ▲ Rising
Latest (2024)
24.05 trillion constant LCU
Change on year
up 4.2%
World rank
31st
of 212 countries
All-time high
24.05 trillion constant LCU
in 2024
All-time low
9.06 trillion constant LCU
in 1982
Years of data
55
1970–2024
GDP in Madagascar, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
Madagascar recorded 24.05 trillion constant LCU for gdp in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.2% on the previous year and up 32.0% over ten years.
Over the whole period, gdp in Madagascar peaked at 24.05 trillion constant LCU in 2024 and was at its lowest, 9.06 trillion constant LCU, in 1982.
That places Madagascar 31st out of 212 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP (constant LCU) (UNESCO Institute) in Madagascar, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 9.26 trillion constant LCU | — |
| 1971 | 9.63 trillion constant LCU | +3.9% |
| 1972 | 9.50 trillion constant LCU | -1.3% |
| 1973 | 9.25 trillion constant LCU | -2.6% |
| 1974 | 9.44 trillion constant LCU | +2.0% |
| 1975 | 9.56 trillion constant LCU | +1.3% |
| 1976 | 9.27 trillion constant LCU | -3.1% |
| 1977 | 9.48 trillion constant LCU | +2.4% |
| 1978 | 9.23 trillion constant LCU | -2.7% |
| 1979 | 10.14 trillion constant LCU | +9.9% |
| 1980 | 10.24 trillion constant LCU | +1.0% |
| 1981 | 9.23 trillion constant LCU | -9.8% |
| 1982 | 9.06 trillion constant LCU | -1.9% |
| 1983 | 9.14 trillion constant LCU | +0.9% |
| 1984 | 9.30 trillion constant LCU | +1.8% |
| 1985 | 9.41 trillion constant LCU | +1.2% |
| 1986 | 9.59 trillion constant LCU | +2.0% |
| 1987 | 9.71 trillion constant LCU | +1.2% |
| 1988 | 10.04 trillion constant LCU | +3.4% |
| 1989 | 10.45 trillion constant LCU | +4.1% |
| 1990 | 10.77 trillion constant LCU | +3.1% |
| 1991 | 10.09 trillion constant LCU | -6.3% |
| 1992 | 10.21 trillion constant LCU | +1.2% |
| 1993 | 10.43 trillion constant LCU | +2.1% |
| 1994 | 10.42 trillion constant LCU | -0.0% |
| 1995 | 10.60 trillion constant LCU | +1.7% |
| 1996 | 10.83 trillion constant LCU | +2.2% |
| 1997 | 11.23 trillion constant LCU | +3.7% |
| 1998 | 11.67 trillion constant LCU | +3.9% |
| 1999 | 12.21 trillion constant LCU | +4.7% |
| 2000 | 12.76 trillion constant LCU | +4.5% |
| 2001 | 13.52 trillion constant LCU | +6.0% |
| 2002 | 11.84 trillion constant LCU | -12.4% |
| 2003 | 13.00 trillion constant LCU | +9.8% |
| 2004 | 13.69 trillion constant LCU | +5.3% |
| 2005 | 14.34 trillion constant LCU | +4.8% |
| 2006 | 15.11 trillion constant LCU | +5.4% |
| 2007 | 15.97 trillion constant LCU | +5.7% |
| 2008 | 17.05 trillion constant LCU | +6.7% |
| 2009 | 16.37 trillion constant LCU | -4.0% |
| 2010 | 16.47 trillion constant LCU | +0.6% |
| 2011 | 16.73 trillion constant LCU | +1.6% |
| 2012 | 17.23 trillion constant LCU | +3.0% |
| 2013 | 17.63 trillion constant LCU | +2.3% |
| 2014 | 18.22 trillion constant LCU | +3.3% |
| 2015 | 18.79 trillion constant LCU | +3.1% |
| 2016 | 19.54 trillion constant LCU | +4.0% |
| 2017 | 20.31 trillion constant LCU | +3.9% |
| 2018 | 20.96 trillion constant LCU | +3.2% |
| 2019 | 21.88 trillion constant LCU | +4.4% |
| 2020 | 20.32 trillion constant LCU | -7.1% |
| 2021 | 21.26 trillion constant LCU | +4.7% |
| 2022 | 22.15 trillion constant LCU | +4.2% |
| 2023 | 23.08 trillion constant LCU | +4.2% |
| 2024 | 24.05 trillion constant LCU | +4.2% |
Madagascar compared with similar countries
- Madagascar's 24.05 trillion constant LCU is above the median for low income countries, which is 1.55 trillion constant LCU, 15.6× the median. (24 countries reporting)
- Madagascar's 24.05 trillion constant LCU is above the median for Sub-Saharan Africa, which is 2.34 trillion constant LCU, 10.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.48 trillion constant LCU | 9.23 trillion constant LCU | 10.14 trillion constant LCU | 10 |
| 1980s | 9.62 trillion constant LCU | 9.06 trillion constant LCU | 10.45 trillion constant LCU | 10 |
| 1990s | 10.85 trillion constant LCU | 10.09 trillion constant LCU | 12.21 trillion constant LCU | 10 |
| 2000s | 14.37 trillion constant LCU | 11.84 trillion constant LCU | 17.05 trillion constant LCU | 10 |
| 2010s | 18.78 trillion constant LCU | 16.47 trillion constant LCU | 21.88 trillion constant LCU | 10 |
| 2020s | 22.17 trillion constant LCU | 20.32 trillion constant LCU | 24.05 trillion constant LCU | 5 |
Countries ranked near Madagascar
- 28 Mongolia 32.05 trillion constant LCU compare
- 29 Cameroon 25.68 trillion constant LCU compare
- 30 Mexico 25.44 trillion constant LCU compare
- 32 United States 23.30 trillion constant LCU compare
- 33 Philippines 22.24 trillion constant LCU compare
- 34 Democratic Republic of Congo 17.26 trillion constant LCU compare
More population data for Madagascar
- Population regions with projections, annual growth rate 0.445 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.153 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.445 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.463 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.2896 % change on previous year (2100)
- Population growth rate 0.436 (2100)
- Population density 146.69 (2100)
- Projected population under age 5 6.06 million (2100)
- Population growth rate by level of development 0.436 (2100)
- Urbanization vs gdp, annual growth rate 1.44 % change on previous year (2025)
Frequently asked questions
- What is gdp in Madagascar?
- Gdp in Madagascar was 24.05 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Madagascar?
- The highest recorded value was 24.05 trillion constant LCU in 2024.
- What is the lowest gdp recorded in Madagascar?
- The lowest recorded value was 9.06 trillion constant LCU in 1982.
- How does Madagascar rank for gdp?
- Madagascar ranks 31st out of 212 countries with data for 2024.
- Is gdp rising or falling in Madagascar?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release