Madagascar GDP Growth Rate 1961-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Madagascar gdp growth rate for 2022 was 3.80%, a 1.94% decline from 2021.
  • Madagascar gdp growth rate for 2021 was 5.74%, a 12.88% increase from 2020.
  • Madagascar gdp growth rate for 2020 was -7.14%, a 11.55% decline from 2019.
  • Madagascar gdp growth rate for 2019 was 4.41%, a 1.22% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Niger 11.50%
Democratic Republic of Congo 8.92%
Rwanda 8.16%
Tajikistan 8.00%
Benin 6.25%
Togo 5.81%
Nepal 5.61%
Ethiopia 5.32%
Gambia 4.92%
Liberia 4.81%
Somalia 4.80%
Guinea 4.70%
Uganda 4.65%
Tanzania 4.56%
Senegal 4.15%
Mozambique 4.15%
Madagascar 3.80%
Mali 3.69%
Sierra Leone 3.50%
Guinea-Bissau 3.50%
Zimbabwe 3.40%
Comoros 2.39%
Chad 2.24%
Burundi 1.85%
Burkina Faso 1.48%
Malawi 0.92%
Central African Republic 0.00%
Haiti -1.68%
Madagascar GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 3.80% -1.94%
2021 5.74% 12.88%
2020 -7.14% -11.55%
2019 4.41% 1.22%
2018 3.19% -0.74%
2017 3.93% -0.06%
2016 3.99% 0.86%
2015 3.13% -0.21%
2014 3.34% 1.04%
2013 2.30% -0.71%
2012 3.01% 1.43%
2011 1.58% 0.96%
2010 0.62% 4.60%
2009 -3.98% -10.69%
2008 6.71% 1.00%
2007 5.71% 0.31%
2006 5.40% 0.64%
2005 4.76% -0.50%
2004 5.26% -4.53%
2003 9.78% 22.19%
2002 -12.41% -18.39%
2001 5.98% 1.52%
2000 4.46% -0.24%
1999 4.70% 0.78%
1998 3.92% 0.22%
1997 3.69% 1.54%
1996 2.15% 0.48%
1995 1.68% 1.72%
1994 -0.04% -2.14%
1993 2.10% 0.92%
1992 1.18% 7.49%
1991 -6.31% -9.44%
1990 3.13% -0.95%
1989 4.07% 0.67%
1988 3.41% 2.23%
1987 1.17% -0.79%
1986 1.96% 0.80%
1985 1.16% -0.60%
1984 1.76% 0.86%
1983 0.90% 2.80%
1982 -1.90% 7.90%
1981 -9.80% -10.75%
1980 0.95% -8.90%
1979 9.85% 12.52%
1978 -2.66% -5.03%
1977 2.36% 5.43%
1976 -3.07% -4.33%
1975 1.26% -0.75%
1974 2.01% 4.63%
1973 -2.62% -1.35%
1972 -1.27% -5.20%
1971 3.93% -1.35%
1970 5.28% 1.56%
1969 3.72% -3.11%
1968 6.83% 1.30%
1967 5.53% 3.46%
1966 2.06% 2.52%
1965 -0.45% -4.41%
1964 3.96% 4.89%
1963 -0.93% -3.20%
1962 2.27% 0.22%
1961 2.05% 0.22%