Madagascar GDP
GDP nominal (2023)
$15,790,113,247
GDP growth rate
(2023) 3.8% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of Madagascar is $15,790,113,247 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of Madagascar reached $13,977,610,179 in 2023.
- GDP Growth Rate in 2023 was 3.8%, representing a change of 511,704,419 US$ over 2022, when Real GDP was $13,465,905,760.
- GDP per Capita in Madagascar (with a population of 31,195,932 people) was $448 in 2023, an increase of $6 from $442 in 2022; this represents a change of 1.3% in GDP per capita.
Madagascar GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of Madagascar
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $15,790,113,247 | $13,977,610,179 | 3.8% | $448 | 2.49% | 31,195,932 |
| 2022 | $15,134,700,203 | $13,465,905,760 | 4% | $442 | 2.51% | 30,437,261 |
| 2021 | $14,554,754,117 | $12,947,986,308 | 5.74% | $436 | 2.55% | 29,691,083 |
| 2020 | $13,051,441,204 | $12,245,161,113 | −7.14% | $423 | 2.6% | 28,953,556 |
| 2019 | $14,104,664,679 | $13,186,360,203 | 4.41% | $467 | 2.64% | 28,219,554 |
| 2018 | $13,760,033,282 | $12,629,254,472 | 3.19% | $459 | 2.64% | 27,494,926 |
| 2017 | $13,176,313,594 | $12,238,318,934 | 3.93% | $457 | 2.64% | 26,788,375 |
| 2016 | $11,848,613,858 | $11,775,165,457 | 3.99% | $451 | 2.65% | 26,099,952 |
| 2015 | $11,323,020,701 | $11,323,020,701 | 3.13% | $445 | 2.67% | 25,426,702 |
| 2014 | $12,522,957,399 | $10,979,121,878 | 3.34% | $443 | 2.72% | 24,764,348 |
| 2013 | $12,423,555,455 | $10,624,353,147 | 2.3% | $441 | 2.76% | 24,109,290 |
| 2012 | $11,578,975,062 | $10,385,448,753 | 3.01% | $443 | 2.8% | 23,462,438 |
| 2011 | $11,551,819,618 | $10,081,868,752 | 1.58% | $442 | 2.88% | 22,822,300 |
| 2010 | $9,982,711,338 | $9,925,206,606 | 0.62% | $447 | 2.95% | 22,183,340 |
| 2009 | $9,616,879,409 | $9,864,124,029 | −3.98% | $458 | 2.98% | 21,547,280 |
| 2008 | $10,725,137,724 | $10,272,850,830 | 6.71% | $491 | 2.98% | 20,923,840 |
| 2007 | $8,524,620,890 | $9,626,649,241 | 5.71% | $474 | 2.98% | 20,318,583 |
| 2006 | $6,395,712,491 | $9,106,610,407 | 5.4% | $462 | 2.98% | 19,730,909 |
| 2005 | $5,859,269,753 | $8,640,170,094 | 4.76% | $451 | 2.97% | 19,159,707 |
| 2004 | $5,064,732,626 | $8,247,912,168 | 5.26% | $443 | 2.96% | 18,606,608 |
| 2003 | $6,372,498,890 | $7,835,974,695 | 9.78% | $434 | 2.97% | 18,071,854 |
| 2002 | $5,351,701,663 | $7,137,571,065 | −12.41% | $407 | 3.04% | 17,549,913 |
| 2001 | $5,438,332,602 | $8,148,653,657 | 5.98% | $478 | 3.13% | 17,032,939 |
| 2000 | $4,629,247,204 | $7,688,842,733 | 4.46% | $466 | 3.22% | 16,516,338 |
| 1999 | $4,277,903,780 | $7,360,783,017 | 4.7% | $460 | 3.3% | 16,000,506 |
| 1998 | $4,401,967,633 | $7,030,408,176 | 3.92% | $454 | 3.33% | 15,489,364 |
| 1997 | $4,262,965,420 | $6,765,402,319 | 3.69% | $451 | 3.31% | 14,990,814 |
| 1996 | $4,931,861,039 | $6,524,423,229 | 2.15% | $450 | 3.27% | 14,510,711 |
| 1995 | $3,838,100,904 | $6,386,837,686 | 1.68% | $455 | 3.21% | 14,051,275 |
| 1994 | $3,522,227,092 | $6,281,398,611 | −0.04% | $461 | 3.16% | 13,613,850 |
| 1993 | $4,063,298,919 | $6,284,044,276 | 2.1% | $476 | 3.1% | 13,197,345 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division