GDP per capita in Madagascar

Madagascar: GDP per capita was 545 current US$ in 2024. β–² Rising

Latest (2024)
545 current US$
Change on year
up 7.1%
World rank
205th
of 208 countries
All-time high
577.59 current US$
in 1980
All-time low
166.65 current US$
in 1970
Years of data
55
1970–2024

GDP per capita in Madagascar, 1970–2024

200300400500600197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp per capita in Madagascar stood at 545 current US$.

Compared with earlier readings it is up 7.1% on the previous year and up 7.8% over ten years.

Over the whole period, gdp per capita in Madagascar peaked at 577.59 current US$ in 1980 and was at its lowest, 166.65 current US$, in 1970.

That places Madagascar 205th out of 208 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 257.99 current US$ 166.65 current US$ 396.4 current US$ 10
1980s 406.48 current US$ 271.31 current US$ 577.59 current US$ 10
1990s 289.39 current US$ 258.72 current US$ 339.88 current US$ 10
2000s 353.77 current US$ 272.2 current US$ 512.58 current US$ 10
2010s 486.21 current US$ 445.32 current US$ 515.3 current US$ 10
2020s 498.29 current US$ 450.77 current US$ 545 current US$ 5

Countries ranked near Madagascar

  1. 202 Mozambique 647.29 current US$ compare
  2. 203 Somalia 636.98 current US$ compare
  3. 204 Yemen 633.89 current US$ compare
  4. 206 Malawi 508.37 current US$ compare
  5. 207 Afghanistan 413.76 current US$ compare
  6. 208 Burundi 153.93 current US$ 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 545 current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Madagascar?
The highest recorded value was 577.59 current US$ in 1980.
What is the lowest gdp per capita recorded in Madagascar?
The lowest recorded value was 166.65 current US$ in 1970.
How does Madagascar rank for gdp per capita?
Madagascar ranks 205th 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 7.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP per capita (current US$). 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-us-2/madagascar/

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About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release