Madagascar GDP Annual Growth Rate: 4.5%

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH, 2024)

Madagascar GDP Forecast: 4.5% in 2024, 4.6% projected for 2025.

Based on a 5-year average, Madagascar is estimated to grow by an average compound annual growth rate of 4.4% through to 2030.

See the full country report for Madagascar

Over 60 indicators covering Economic, Demographic and ESG data with key insights.
Up-to-date through 2026 and enriched with 70+ years of historical context.

Access Now

GDP Annual Growth Rate (%):


Source: World Bank, World Economics
0 0 0 Madagascar|#FE1800|-0.929401622790394, 3.96251884651457, -0.452253863397502, 2.06455240789826, 5.52856560967709, 6.8287860983493, 3.72122216809368, 5.27645557543077, 3.92936503078364, -1.27262153096891, -2.61847832966285, 2.00687937961095, 1.25869163453154, -3.06885839129958, 2.36400035834046, -2.66180596408321, 9.85465029443104, 0.952707585446319, -9.80000000085953, -1.90000000001299, 0.899999999396201, 1.76018194295042, 1.15634413876586, 1.96022488163399, 1.17491326106625, 3.40692921036734, 4.07488065683054, 3.12890505042525, -6.30635159237732, 1.18088494825233, 2.09992318110865, -0.042101302622072, 1.67859232120303, 2.15420447175147, 3.69349261691789, 3.91707460516817, 4.69922703680521, 4.45685893956946, 5.98023576982733, -12.4079711055149, 9.78489212474174, 5.25700362208742, 4.75584509499119, 5.3985084485368, 5.71056419885052, 6.71263253913001, -3.9787086116544, 0.619239744622121, 1.57842705366555, 3.01114811621208, 2.30037622800727, 3.33920311195367, 3.13229807490305, 3.99314606199499, 3.93330759462793, 3.19435651744398, 4.41123212909589, -7.1376716206449, 5.73961573854336, 3.99999999869678, 3.80000000009488, 4.5 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,



Get World Economics Data Alerts & Insights by Email

Register your email address to receive the latest data and analysis for Madagascar and other countries.



Key Indicators for Madagascar

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    E 2025 View
Population Data Quality Rating    E 2025 View
Governance Rating    D 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy
$103bn 2025 View
GDP (Current / Nominal Prices) $17bn 2025 View
GDP (Constant Prices / Real) $15bn 2025 View
GDP Growth Rate 4.6% 2025 View
GDP Debt to GDP Ratio 27.5% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy
$3,195 2025 View
GDP per Capita (Current / Nominal) $534 2025 View
GDP per Capita (Constant / Real) $472 2025 View
GDP per Capita Growth Rate 2.1% 2025 View
       
Population Size 31.93 million 2025 View
Fertility Rate 3.6% 2025 View
Workforce Size 12.51 million 2025 View
       
Carbon Emissions (per Capita) 0.14 tCO2e 2023 View
Methane Emissions (per Capita) 0.90 tCO2e 2023 View
See all indicators

Please read our Terms of Service and Disclaimer relating to data on this page.






MADAGASCAR'S ECONOMICS
MADAGASCAR'S DEMOGRAPHY
MADAGASCAR'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA
Did you know Nigeria's economy is much larger than offical data states?
Investors need to know the true size to minimise investment risk and maximise investment potential.
World Economics can show you how big Nigeria really is and how you should weight your investent portfolio from just $49 $9.99 per month.
Cancel anytime.