Madagascar GDP Annual Growth Rate: 4.5% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Madagascar is estimated to be $15 Billion US dollars at the end of 2024.

The economy of Madagascar has grown at an average annual growth rate of 4.5% in the last four years and is ranked the 23th largest economy in Africa, ahead of Mozambique.

World Economics Rates Madagascar's Offical GDP Data as E

GDP Annual Growth Rate: Madagascar


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




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MADAGASCAR'S ECONOMICS
MADAGASCAR'S DEMOGRAPHY
MADAGASCAR'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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