Price level ratio of PPP conversion factor (GDP) to market exchange in Madagascar

Madagascar: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2893 in 2024. ▲ Rising

Latest (2024)
0.2893
Change on year
up 2.9%
World rank
175th
of 202 countries
All-time high
0.3497
in 2013
All-time low
0.2127
in 2004
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Madagascar, 1990–2024

00.10.20.31990200720241990: 0.281991: 0.2391992: 0.2641993: 0.2761994: 0.2341995: 0.2461996: 0.3041997: 0.2491998: 0.2451999: 0.2242000: 0.2272001: 0.2462002: 0.2722003: 0.2892004: 0.2132005: 0.2282006: 0.2292007: 0.2812008: 0.3252009: 0.3022010: 0.3072011: 0.3432012: 0.3372013: 0.352014: 0.3372015: 0.2982016: 0.2912017: 0.3182018: 0.3242019: 0.312020: 0.3022021: 0.3062022: 0.2932023: 0.2812024: 0.289

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Madagascar is 0.2893, measured in 2024.

That represents a change of up 2.9% on the previous year and down 14.2% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Madagascar peaked at 0.3497 in 2013 and was at its lowest, 0.2127, in 2004.

That places Madagascar 175th out of 202 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Madagascar, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Madagascar, 1990 to 2024.
Year Value Change
1990 0.2797
1991 0.2391 -14.5%
1992 0.2637 +10.3%
1993 0.2759 +4.6%
1994 0.2343 -15.1%
1995 0.2459 +5.0%
1996 0.3038 +23.5%
1997 0.249 -18.1%
1998 0.2446 -1.7%
1999 0.2239 -8.5%
2000 0.2268 +1.3%
2001 0.2459 +8.4%
2002 0.272 +10.6%
2003 0.2893 +6.4%
2004 0.2127 -26.5%
2005 0.2278 +7.1%
2006 0.2288 +0.5%
2007 0.2809 +22.8%
2008 0.325 +15.7%
2009 0.3016 -7.2%
2010 0.3074 +1.9%
2011 0.3431 +11.6%
2012 0.3372 -1.7%
2013 0.3497 +3.7%
2014 0.3374 -3.5%
2015 0.2975 -11.8%
2016 0.2907 -2.3%
2017 0.318 +9.4%
2018 0.3236 +1.8%
2019 0.31 -4.2%
2020 0.3025 -2.4%
2021 0.3065 +1.3%
2022 0.2933 -4.3%
2023 0.2813 -4.1%
2024 0.2893 +2.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.256 0.2239 0.3038 10
2000s 0.2611 0.2127 0.325 10
2010s 0.3215 0.2907 0.3497 10
2020s 0.2946 0.2813 0.3065 5

Countries ranked near Madagascar

  1. 172 Zambia 0.2924 compare
  2. 173 Ukraine 0.2905 compare
  3. 174 Azerbaijan 0.2903 compare
  4. 176 Sri Lanka 0.2889 compare
  5. 177 Viet Nam 0.2879 compare
  6. 178 Mauritania 0.2864 compare

See the full ranking of 202 places →

More population data for Madagascar

All data for Madagascar →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Madagascar?
Price level ratio of ppp conversion factor (gdp) to market exchange in Madagascar was 0.2893 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Madagascar?
The highest recorded value was 0.3497 in 2013.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Madagascar?
The lowest recorded value was 0.2127 in 2004.
How does Madagascar rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Madagascar ranks 175th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Madagascar?
Over the last ten years it is down 14.2%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Madagascar. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 30 August 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/madagascar/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release