GDP (current LCU), per capita in Madagascar

Madagascar: GDP (current LCU), per capita was 2.47 million current LCU per person in 2024. ◆ Volatile

Latest (2024)
2.47 million current LCU per person
Change on year
up 9.4%
World rank
32nd
of 211 countries
All-time high
2.47 million current LCU per person
in 2024
All-time low
9,256 current LCU per person
in 1970
Years of data
55
1970–2024

GDP (current LCU), per capita in Madagascar, 1970–2024

0500.0k1.0M1.5M2.0M2.5M197019972024

Source: Statizoid (derived). Measured in current LCU per person.

Analysis

In 2024, gdp (current lcu), per capita in Madagascar stood at 2.47 million current LCU per person. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 9.4% on the previous year and up 102.0% over ten years.

Over the whole period, gdp (current lcu), per capita in Madagascar peaked at 2.47 million current LCU per person in 2024 and was at its lowest, 9,256 current LCU per person, in 1970.

Madagascar ranks 32nd 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), per capita in Madagascar, year by year

Annual values for GDP (current LCU), per capita in Madagascar, 1970 to 2024.
Year current LCU per person Change
1970 9,256 current LCU per person
1971 9,679 current LCU per person +4.6%
1972 9,559 current LCU per person -1.2%
1973 10,111 current LCU per person +5.8%
1974 12,292 current LCU per person +21.6%
1975 12,644 current LCU per person +2.9%
1976 13,072 current LCU per person +3.4%
1977 14,097 current LCU per person +7.8%
1978 14,216 current LCU per person +0.8%
1979 16,864 current LCU per person +18.6%
1980 24,407 current LCU per person +44.7%
1981 27,875 current LCU per person +14.2%
1982 35,019 current LCU per person +25.6%
1983 40,989 current LCU per person +17.0%
1984 44,448 current LCU per person +8.4%
1985 48,291 current LCU per person +8.6%
1986 54,778 current LCU per person +13.4%
1987 62,192 current LCU per person +13.5%
1988 78,946 current LCU per person +26.9%
1989 87,005 current LCU per person +10.2%
1990 97,448 current LCU per person +12.0%
1991 96,182 current LCU per person -1.3%
1992 108,188 current LCU per person +12.5%
1993 117,846 current LCU per person +8.9%
1994 158,719 current LCU per person +34.7%
1995 233,030 current LCU per person +46.8%
1996 276,066 current LCU per person +18.5%
1997 289,541 current LCU per person +4.9%
1998 309,281 current LCU per person +6.8%
1999 336,007 current LCU per person +8.6%
2000 379,363 current LCU per person +12.9%
2001 420,720 current LCU per person +10.9%
2002 416,670 current LCU per person -1.0%
2003 436,658 current LCU per person +4.8%
2004 508,705 current LCU per person +16.5%
2005 612,551 current LCU per person +20.4%
2006 694,418 current LCU per person +13.4%
2007 786,181 current LCU per person +13.2%
2008 875,677 current LCU per person +11.4%
2009 873,084 current LCU per person -0.3%
2010 940,500 current LCU per person +7.7%
2011 1.03 million current LCU per person +9.0%
2012 1.08 million current LCU per person +5.7%
2013 1.14 million current LCU per person +5.0%
2014 1.22 million current LCU per person +7.4%
2015 1.31 million current LCU per person +7.0%
2016 1.44 million current LCU per person +10.4%
2017 1.53 million current LCU per person +6.3%
2018 1.67 million current LCU per person +8.9%
2019 1.81 million current LCU per person +8.4%
2020 1.71 million current LCU per person -5.6%
2021 1.85 million current LCU per person +8.4%
2022 2.06 million current LCU per person +11.4%
2023 2.25 million current LCU per person +9.3%
2024 2.47 million current LCU per person +9.4%

Madagascar compared with similar countries

  • Madagascar's 2.47 million current LCU per person is above the median for low income countries, which is 591,280 current LCU per person, 4.2× the median. (24 countries reporting)
  • Madagascar's 2.47 million current LCU per person is above the median for Sub-Saharan Africa, which is 591,280 current LCU per person, 4.2× the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), per capita 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.

YearChange FromTo
1995 +46.8% 158,719 current LCU per person 233,030 current LCU per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 12,179 current LCU per person 9,256 current LCU per person 16,864 current LCU per person 10
1980s 50,395 current LCU per person 24,407 current LCU per person 87,005 current LCU per person 10
1990s 202,231 current LCU per person 96,182 current LCU per person 336,007 current LCU per person 10
2000s 600,403 current LCU per person 379,363 current LCU per person 875,677 current LCU per person 10
2010s 1.32 million current LCU per person 940,500 current LCU per person 1.81 million current LCU per person 10
2020s 2.07 million current LCU per person 1.71 million current LCU per person 2.47 million current LCU per person 5

Countries ranked near Madagascar

  1. 29 Tanzania 2.99 million current LCU per person compare
  2. 30 Myanmar 2.85 million current LCU per person compare
  3. 31 French Polynesia 2.51 million current LCU per person compare
  4. 33 Angola 2.14 million current LCU per person compare
  5. 34 Democratic Republic of Congo 1.83 million current LCU per person compare
  6. 35 Cote d'Ivoire 1.64 million current LCU per person compare

See the full ranking of 211 places →

More population data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gdp (current lcu), per capita in Madagascar?
Gdp (current lcu), per capita in Madagascar was 2.47 million current LCU per person in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), per capita recorded in Madagascar?
The highest recorded value was 2.47 million current LCU per person in 2024.
What is the lowest gdp (current lcu), per capita recorded in Madagascar?
The lowest recorded value was 9,256 current LCU per person in 1970.
How does Madagascar rank for gdp (current lcu), per capita?
Madagascar ranks 32nd out of 211 countries with data for 2024.
Is gdp (current lcu), per capita rising or falling in Madagascar?
Over the last ten years it is up 102.0%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), per capita. Statizoid updates them automatically from the source API.

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GDP (current LCU), per capita in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-per-capita-2/madagascar/

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<a href="https://population.statizoid.com/stat/gdp-current-lcu-per-capita-2/madagascar/">GDP (current LCU), per capita in Madagascar</a> — Statizoid

How this figure is calculated

GDP (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP (current LCU) ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), per capita
Unit
current LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

GDP (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.