Madagascar — GDP
GDP (Nominal) for Madagascar, 1960–2025.
Latest value · 2025
19.62 billion
GDP (Nominal) · current US$ · +2815.0% since 1960
GDP for Madagascar was 19.62 billion in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 673.08 million in 1960 (about 29.2× the low point). Across that span the compound annual growth rate works out to 5.33% per year.
Madagascar ranks 137 of 212 economies on this measure (1 = highest), putting it in the top 65%. The median for Sub-Saharan Africa is 19.93 billion, so Madagascar sits below it. Over the last decade (2015–2025) the figure moved up 73%.
Key figures
Latest (2025)
19.62 billion
First (1960)
673.08 million
Change
+2815.0%
Highest
19.62 billion
in 2025
Lowest
673.08 million
in 1960
Average
6.00 billion
Annual growth (CAGR)
5.33%
Years of data
66
Recent years
| Year | current US$ |
|---|---|
| 2025 | 19,620,352,035.79 |
| 2024 | 17,592,832,696.13 |
| 2023 | 16,036,707,975.76 |
| 2022 | 15,342,178,598.25 |
| 2021 | 14,354,731,964.33 |
| 2020 | 13,051,441,204.05 |
| 2019 | 14,104,664,678.51 |
| 2018 | 13,760,033,282.29 |
| 2017 | 13,176,313,593.55 |
| 2016 | 11,848,613,858.44 |
| 2015 | 11,323,020,701.3 |
| 2014 | 12,522,957,399.23 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.