The Gross Domestic Product (GDP) in Madagascar was worth 14.08 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Madagascar represents 0.01 percent of the world economy.

GDP in Madagascar averaged 5 USD Billion from 1960 until 2019, reaching an all time high of 14.08 USD Billion in 2019 and a record low of 0.67 USD Billion in 1960. This page provides the latest reported value for - Madagascar GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar GDP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP in Madagascar is expected to reach 10.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar GDP is projected to trend around 12.50 USD Billion in 2021 and 13.75 USD Billion in 2022, according to our econometric models.

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Madagascar GDP

Actual Previous Highest Lowest Dates Unit Frequency
14.08 13.85 14.08 0.67 1960 - 2019 USD Billion Yearly
Current USD

Madagascar GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.20 5.00 9.85 -12.70 percent [+]
GDP 14.08 13.85 14.08 0.67 USD Billion [+]
GDP per capita 500.20 490.10 863.30 428.20 USD [+]
GDP per capita PPP 1646.20 1613.10 1853.10 1409.40 USD [+]


Madagascar GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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