GDP per capita (current LCU) (UNESCO Institute) in Madagascar
Madagascar: GDP per capita (current LCU) (UNESCO Institute) was 2.47 million current LCU in 2024. ◆ Volatile
Latest (2024)
2.47 million current LCU
Change on year
up 9.4%
World rank
32nd
of 211 countries
All-time high
2.47 million current LCU
in 2024
All-time low
9,256 current LCU
in 1970
Years of data
55
1970–2024
GDP per capita in Madagascar, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
Madagascar recorded 2.47 million current LCU for gdp per capita in 2024. That is the highest value across all 55 years on record.
That represents a change of up 9.4% on the previous year and up 102.0% over ten years.
Over the whole period, gdp per capita in Madagascar peaked at 2.47 million current LCU in 2024 and was at its lowest, 9,256 current LCU, 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 per capita (current LCU) (UNESCO Institute) in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 9,256 current LCU | — |
| 1971 | 9,679 current LCU | +4.6% |
| 1972 | 9,559 current LCU | -1.2% |
| 1973 | 10,111 current LCU | +5.8% |
| 1974 | 12,292 current LCU | +21.6% |
| 1975 | 12,644 current LCU | +2.9% |
| 1976 | 13,072 current LCU | +3.4% |
| 1977 | 14,097 current LCU | +7.8% |
| 1978 | 14,216 current LCU | +0.8% |
| 1979 | 16,864 current LCU | +18.6% |
| 1980 | 24,407 current LCU | +44.7% |
| 1981 | 27,875 current LCU | +14.2% |
| 1982 | 35,018 current LCU | +25.6% |
| 1983 | 40,989 current LCU | +17.0% |
| 1984 | 44,448 current LCU | +8.4% |
| 1985 | 48,290 current LCU | +8.6% |
| 1986 | 54,778 current LCU | +13.4% |
| 1987 | 62,192 current LCU | +13.5% |
| 1988 | 78,947 current LCU | +26.9% |
| 1989 | 87,004 current LCU | +10.2% |
| 1990 | 97,448 current LCU | +12.0% |
| 1991 | 96,182 current LCU | -1.3% |
| 1992 | 108,189 current LCU | +12.5% |
| 1993 | 117,846 current LCU | +8.9% |
| 1994 | 158,719 current LCU | +34.7% |
| 1995 | 233,031 current LCU | +46.8% |
| 1996 | 276,065 current LCU | +18.5% |
| 1997 | 289,541 current LCU | +4.9% |
| 1998 | 309,281 current LCU | +6.8% |
| 1999 | 336,007 current LCU | +8.6% |
| 2000 | 379,362 current LCU | +12.9% |
| 2001 | 420,719 current LCU | +10.9% |
| 2002 | 416,670 current LCU | -1.0% |
| 2003 | 436,659 current LCU | +4.8% |
| 2004 | 508,704 current LCU | +16.5% |
| 2005 | 612,550 current LCU | +20.4% |
| 2006 | 694,420 current LCU | +13.4% |
| 2007 | 786,181 current LCU | +13.2% |
| 2008 | 875,676 current LCU | +11.4% |
| 2009 | 873,084 current LCU | -0.3% |
| 2010 | 940,497 current LCU | +7.7% |
| 2011 | 1.03 million current LCU | +9.0% |
| 2012 | 1.08 million current LCU | +5.7% |
| 2013 | 1.14 million current LCU | +5.0% |
| 2014 | 1.22 million current LCU | +7.4% |
| 2015 | 1.31 million current LCU | +7.0% |
| 2016 | 1.44 million current LCU | +10.4% |
| 2017 | 1.53 million current LCU | +6.3% |
| 2018 | 1.67 million current LCU | +8.9% |
| 2019 | 1.81 million current LCU | +8.4% |
| 2020 | 1.71 million current LCU | -5.6% |
| 2021 | 1.85 million current LCU | +8.4% |
| 2022 | 2.06 million current LCU | +11.4% |
| 2023 | 2.25 million current LCU | +9.3% |
| 2024 | 2.47 million current LCU | +9.4% |
Madagascar compared with similar countries
- Madagascar's 2.47 million current LCU is above the median for low income countries, which is 591,280 current LCU, 4.2× the median. (24 countries reporting)
- Madagascar's 2.47 million current LCU is above the median for Sub-Saharan Africa, which is 591,280 current LCU, 4.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP per capita (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 | +46.8% | 158,719 current LCU | 233,031 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12,179 current LCU | 9,256 current LCU | 16,864 current LCU | 10 |
| 1980s | 50,395 current LCU | 24,407 current LCU | 87,004 current LCU | 10 |
| 1990s | 202,231 current LCU | 96,182 current LCU | 336,007 current LCU | 10 |
| 2000s | 600,402 current LCU | 379,362 current LCU | 875,676 current LCU | 10 |
| 2010s | 1.32 million current LCU | 940,497 current LCU | 1.81 million current LCU | 10 |
| 2020s | 2.07 million current LCU | 1.71 million current LCU | 2.47 million current LCU | 5 |
Countries ranked near Madagascar
- 29 Tanzania 3.08 million current LCU compare
- 30 Myanmar 2.85 million current LCU compare
- 31 French Polynesia 2.51 million current LCU compare
- 33 Angola 2.14 million current LCU compare
- 34 Democratic Republic of Congo 1.83 million current LCU compare
- 35 Cote d'Ivoire 1.64 million current LCU 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 per capita in Madagascar?
- Gdp per capita in Madagascar was 2.47 million current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Madagascar?
- The highest recorded value was 2.47 million current LCU in 2024.
- What is the lowest gdp per capita recorded in Madagascar?
- The lowest recorded value was 9,256 current LCU in 1970.
- How does Madagascar rank for gdp per capita?
- Madagascar ranks 32nd out of 211 countries with data for 2024.
- Is gdp 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 UNESCO Institute for Statistics, published as part of GDP per capita (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