Madagascar GDP

GDP nominal (2023)
$15,790,113,247
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

3.80%

  • 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 $13,977,610,179 in 2023.
  • GDP Growth Rate in 2023 was 3.80%, representing a change of 511,704,419 US$ 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 2021; 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 3.80% $448 2.49 % 31,195,932
2022 $15,134,700,203 $13,465,905,760 4.00% $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 2.60 % 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 2.30% $441 2.76 % 24,109,290
2012 $11,578,975,062 $10,385,448,753 3.01% $443 2.80 % 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 5.40% $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 4.70% $460 3.30 % 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 2.10% $476 3.10 % 13,197,345
Sources:

See also