GDP per capita in Madagascar

Madagascar: GDP per capita was 2.47 million current LCU in 2024. β—† Volatile

Latest (2024)
2.47 million current LCU
Change on year
up 9.4%
World rank
32nd
of 208 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

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

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 208 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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

  1. 29 Tanzania 3.08 million current LCU compare
  2. 30 Myanmar 2.85 million current LCU compare
  3. 31 French Polynesia 2.51 million current LCU compare
  4. 33 Angola 2.14 million current LCU compare
  5. 34 Democratic Republic of Congo 1.83 million current LCU compare
  6. 35 Cote d'Ivoire 1.64 million current LCU compare

See the full ranking of 211 places β†’

More population data for Madagascar

All data for Madagascar β†’

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 208 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.

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GDP per capita in Madagascar. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/madagascar/

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About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release