Madagascar GDP: $17 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Madagascar GDP Forecast: $17 Billion in 2024, $17.3 Billion projected for 2025 (Current Market Prices).

GDP in Madagascar is estimated to be $17 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Madagascar's 2025 GDP estimate could be $17.3 Billion. This Madagascar GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 4.6%.

The economy of Madagascar has grown at an average annual growth rate of 7.9% in the last four years and is ranked the 23th largest economy in Africa, ahead of Mozambique.

See the full Madagascar data sheet covering Economics, Demographics and ESG

Current GDP (US$): Madagascar


Source: World Bank, World Economics
Notes: Current Market Prices
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Economic Indicators: Madagascar 2021 2022 2023 2024
Current GDP (Billions, US$) 15 15 16 17
Current GDP per Capita (US$) 490 497 506 523
Real GDP (US$ Billions, 2010) 13 13 14 15
Real GDP per Capita (US$, 2010) 436 442 448 463
Real GDP PPP (Billions, 2017) 47 49 51 54
Real GDP per Capita PPP (int$ 2017) 1,489 1,512 1,549 1,571
GDP Annual Growth Rate (%) 5.7 4.0 3.8 4.5
GDP per Capita Annual Growth Rate (%) 3.1 1.5 1.3 3.2
Data Quality Rating for Madagascar See how much you can trust Madagascar's GDP Data





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