GDP growth in Madagascar
Madagascar: GDP growth was 4.2% in 2024. β Volatile
Latest (2024)
4.2%
Change on year
down 0.1%
World rank
66th
of 209 countries
All-time high
9.9%
in 1979
All-time low
-12.4%
in 2002
Years of data
55
1970β2024
GDP growth in Madagascar, 1970β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Madagascar recorded 4.2% for gdp growth in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 25.8% over ten years.
Over the whole period, gdp growth in Madagascar peaked at 9.9% in 1979 and was at its lowest, -12.4%, in 2002.
Madagascar ranks 66th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.5% | -3.1% | 9.9% | 10 |
| 1980s | 0.4% | -9.8% | 4.1% | 10 |
| 1990s | 1.6% | -6.3% | 4.7% | 10 |
| 2000s | 3.2% | -12.4% | 9.8% | 10 |
| 2010s | 3.0% | 0.6% | 4.4% | 10 |
| 2020s | 2.0% | -7.1% | 4.7% | 5 |
Countries ranked near Madagascar
- 63 Bangladesh 4.2% compare
- 64 Curacao 4.2% compare
- 65 Brunei 4.2% compare
- 67 Papua New Guinea 4.1% compare
- 68 Azerbaijan 4.1% compare
- 69 Saint Vincent and the Grenadines 4.1% compare
More population data for Madagascar
- Population growth rate by level of development 0.436 (2100)
- Projected population under age 5 6.06 million (2100)
- Population density 146.69 (2100)
- Population growth rate 0.436 (2100)
- Fertility and wanted fertility 3.91 (2024)
- Refugee population by country or territory of asylum 83 (2024)
- Fertility vs unmet contraception 3.91 (2024)
- Fertility vs contraception 3.91 (2024)
- Natural population growth 2.46 (2023)
- Fertility rate with projections 3.97 (2023)
Frequently asked questions
- What is gdp growth in Madagascar?
- Gdp growth in Madagascar was 4.2% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Madagascar?
- The highest recorded value was 9.9% in 1979.
- What is the lowest gdp growth recorded in Madagascar?
- The lowest recorded value was -12.4% in 2002.
- How does Madagascar rank for gdp growth?
- Madagascar ranks 66th out of 209 countries with data for 2024.
- Is gdp growth rising or falling in Madagascar?
- Over the last ten years it is up 25.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release