GDP in Madagascar

Madagascar: GDP was 24.05 trillion constant LCU in 2024. β–² Rising

Latest (2024)
24.05 trillion constant LCU
Change on year
up 4.2%
World rank
31st
of 209 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

05.0T10.0T15.0T20.0T25.0T197019972024

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 209 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 28 Mongolia 32.05 trillion constant LCU compare
  2. 29 Cameroon 25.68 trillion constant LCU compare
  3. 30 Mexico 25.44 trillion constant LCU compare
  4. 32 United States 23.30 trillion constant LCU compare
  5. 33 Philippines 22.24 trillion constant LCU compare
  6. 34 Democratic Republic of Congo 17.26 trillion constant LCU compare

See the full ranking of 212 places β†’

More population data for Madagascar

All data for Madagascar β†’

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 209 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.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP in Madagascar. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/madagascar/

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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