GDP (current LCU) (UNESCO Institute) in Madagascar
Madagascar: GDP (current LCU) (UNESCO Institute) was 78.84 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
78.84 trillion current LCU
Change on year
up 12.1%
World rank
31st
of 211 countries
All-time high
78.84 trillion current LCU
in 2024
All-time low
61.75 billion current LCU
in 1970
Years of data
55
1970–2024
GDP in Madagascar, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
The most recent figure for gdp in Madagascar is 78.84 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 12.1% on the previous year and up 160.7% over ten years.
Over the whole period, gdp in Madagascar peaked at 78.84 trillion current LCU in 2024 and was at its lowest, 61.75 billion current LCU, in 1970.
Madagascar ranks 31st of 211 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNESCO Institute) in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 61.75 billion current LCU | — |
| 1971 | 66.48 billion current LCU | +7.7% |
| 1972 | 67.62 billion current LCU | +1.7% |
| 1973 | 73.69 billion current LCU | +9.0% |
| 1974 | 92.31 billion current LCU | +25.3% |
| 1975 | 97.86 billion current LCU | +6.0% |
| 1976 | 104.27 billion current LCU | +6.6% |
| 1977 | 115.91 billion current LCU | +11.2% |
| 1978 | 120.49 billion current LCU | +4.0% |
| 1979 | 147.35 billion current LCU | +22.3% |
| 1980 | 219.81 billion current LCU | +49.2% |
| 1981 | 258.65 billion current LCU | +17.7% |
| 1982 | 334.70 billion current LCU | +29.4% |
| 1983 | 403.46 billion current LCU | +20.5% |
| 1984 | 450.47 billion current LCU | +11.7% |
| 1985 | 503.82 billion current LCU | +11.8% |
| 1986 | 588.14 billion current LCU | +16.7% |
| 1987 | 687.05 billion current LCU | +16.8% |
| 1988 | 897.58 billion current LCU | +30.6% |
| 1989 | 1.02 trillion current LCU | +13.5% |
| 1990 | 1.17 trillion current LCU | +15.4% |
| 1991 | 1.19 trillion current LCU | +1.7% |
| 1992 | 1.38 trillion current LCU | +15.9% |
| 1993 | 1.56 trillion current LCU | +12.3% |
| 1994 | 2.16 trillion current LCU | +38.9% |
| 1995 | 3.27 trillion current LCU | +51.5% |
| 1996 | 4.01 trillion current LCU | +22.3% |
| 1997 | 4.34 trillion current LCU | +8.4% |
| 1998 | 4.79 trillion current LCU | +10.4% |
| 1999 | 5.38 trillion current LCU | +12.2% |
| 2000 | 6.27 trillion current LCU | +16.5% |
| 2001 | 7.17 trillion current LCU | +14.4% |
| 2002 | 7.31 trillion current LCU | +2.0% |
| 2003 | 7.89 trillion current LCU | +7.9% |
| 2004 | 9.47 trillion current LCU | +19.9% |
| 2005 | 11.74 trillion current LCU | +24.0% |
| 2006 | 13.70 trillion current LCU | +16.7% |
| 2007 | 15.97 trillion current LCU | +16.6% |
| 2008 | 18.32 trillion current LCU | +14.7% |
| 2009 | 18.81 trillion current LCU | +2.7% |
| 2010 | 20.86 trillion current LCU | +10.9% |
| 2011 | 23.39 trillion current LCU | +12.1% |
| 2012 | 25.42 trillion current LCU | +8.6% |
| 2013 | 27.42 trillion current LCU | +7.9% |
| 2014 | 30.24 trillion current LCU | +10.3% |
| 2015 | 33.22 trillion current LCU | +9.8% |
| 2016 | 37.64 trillion current LCU | +13.3% |
| 2017 | 41.06 trillion current LCU | +9.1% |
| 2018 | 45.89 trillion current LCU | +11.8% |
| 2019 | 51.04 trillion current LCU | +11.2% |
| 2020 | 49.44 trillion current LCU | -3.1% |
| 2021 | 54.98 trillion current LCU | +11.2% |
| 2022 | 62.78 trillion current LCU | +14.2% |
| 2023 | 70.30 trillion current LCU | +12.0% |
| 2024 | 78.84 trillion current LCU | +12.1% |
Madagascar compared with similar countries
- Madagascar's 78.84 trillion current LCU is above the median for low income countries, which is 11.80 trillion current LCU, 6.7× the median. (24 countries reporting)
- Madagascar's 78.84 trillion current LCU is above the median for Sub-Saharan Africa, which is 8.64 trillion current LCU, 9.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNESCO Institute) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +51.5% | 2.16 trillion current LCU | 3.27 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 94.77 billion current LCU | 61.75 billion current LCU | 147.35 billion current LCU | 10 |
| 1980s | 536.21 billion current LCU | 219.81 billion current LCU | 1.02 trillion current LCU | 10 |
| 1990s | 2.93 trillion current LCU | 1.17 trillion current LCU | 5.38 trillion current LCU | 10 |
| 2000s | 11.66 trillion current LCU | 6.27 trillion current LCU | 18.81 trillion current LCU | 10 |
| 2010s | 33.62 trillion current LCU | 20.86 trillion current LCU | 51.04 trillion current LCU | 10 |
| 2020s | 63.26 trillion current LCU | 49.44 trillion current LCU | 78.84 trillion current LCU | 5 |
Countries ranked near Madagascar
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 78.84 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Madagascar?
- The highest recorded value was 78.84 trillion current LCU in 2024.
- What is the lowest gdp recorded in Madagascar?
- The lowest recorded value was 61.75 billion current LCU in 1970.
- How does Madagascar rank for gdp?
- Madagascar ranks 31st out of 211 countries with data for 2024.
- Is gdp rising or falling in Madagascar?
- Over the last ten years it is up 160.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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