GDP growth (annual %) (UNESCO Institute) in Madagascar
Madagascar: GDP growth (annual %) (UNESCO Institute) was 4.2% in 2024. ◆ Volatile
GDP growth in Madagascar, 1970–2024
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 212 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.
GDP growth (annual %) (UNESCO Institute) in Madagascar, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 5.3% | — |
| 1971 | 3.9% | -25.5% |
| 1972 | -1.3% | -132.4% |
| 1973 | -2.6% | +105.8% |
| 1974 | 2.0% | -176.6% |
| 1975 | 1.3% | -37.3% |
| 1976 | -3.1% | -343.8% |
| 1977 | 2.4% | -177.0% |
| 1978 | -2.7% | -212.6% |
| 1979 | 9.9% | -470.2% |
| 1980 | 1.0% | -90.3% |
| 1981 | -9.8% | -1128.6% |
| 1982 | -1.9% | -80.6% |
| 1983 | 0.9% | -147.4% |
| 1984 | 1.8% | +95.6% |
| 1985 | 1.2% | -34.3% |
| 1986 | 2.0% | +69.5% |
| 1987 | 1.2% | -40.1% |
| 1988 | 3.4% | +190.0% |
| 1989 | 4.1% | +19.6% |
| 1990 | 3.1% | -23.2% |
| 1991 | -6.3% | -301.6% |
| 1992 | 1.2% | -118.7% |
| 1993 | 2.1% | +77.8% |
| 1994 | -0.0% | -102.0% |
| 1995 | 1.7% | -4087.1% |
| 1996 | 2.2% | +28.3% |
| 1997 | 3.7% | +71.5% |
| 1998 | 3.9% | +6.1% |
| 1999 | 4.7% | +20.0% |
| 2000 | 4.5% | -5.2% |
| 2001 | 6.0% | +34.2% |
| 2002 | -12.4% | -307.5% |
| 2003 | 9.8% | -178.9% |
| 2004 | 5.3% | -46.3% |
| 2005 | 4.8% | -9.5% |
| 2006 | 5.4% | +13.5% |
| 2007 | 5.7% | +5.8% |
| 2008 | 6.7% | +17.5% |
| 2009 | -4.0% | -159.3% |
| 2010 | 0.6% | -115.6% |
| 2011 | 1.6% | +154.9% |
| 2012 | 3.0% | +90.8% |
| 2013 | 2.3% | -23.6% |
| 2014 | 3.3% | +45.2% |
| 2015 | 3.1% | -6.2% |
| 2016 | 4.0% | +27.5% |
| 2017 | 3.9% | -1.5% |
| 2018 | 3.2% | -18.8% |
| 2019 | 4.4% | +38.1% |
| 2020 | -7.1% | -261.8% |
| 2021 | 4.7% | -165.2% |
| 2022 | 4.2% | -10.6% |
| 2023 | 4.2% | +1.1% |
| 2024 | 4.2% | -0.1% |
Madagascar compared with similar countries
- Madagascar's 4.2% is above the median for low income countries, which is 4.1%, 1.0× the median. (24 countries reporting)
- Madagascar's 4.2% is above the median for Sub-Saharan Africa, which is 4.1%, 1.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (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 | +4087.1% | -0.0% | 1.7% |
| 1981 | -1128.6% | 1.0% | -9.8% |
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 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 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 212 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 · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release