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Madagascar’s GDP Growth

#106 of 189 in the GDP Growth progress rankings

Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).

Latest (2024)
4.2 %
Year-over-year
0.0 %
Change since start (1961→2024)
+2.2 %

Key insights

  • From 1961 to 2024, GDP Growth changed by +2.2 %.
  • Most recent year-over-year change (2023→2024): +0.0 %.
  • Lowest level: -12.4 % in 2002.
  • Highest level: 9.9 % in 1979.

GDP Growth Chart (1961–2024)

*Average based on available data from 193 UN member countries

GDP Growth Table (1961–2024)

GDP Growth — Madagascar
Year GDP Growth
1961 2.1 %
1962 2.3 %
1963 -0.9 %
1964 4.0 %
1965 -0.5 %
1966 2.1 %
1967 5.5 %
1968 6.8 %
1969 3.7 %
1970 5.3 %
1971 3.9 %
1972 -1.3 %
1973 -2.6 %
1974 2.0 %
1975 1.3 %
1976 -3.1 %
1977 2.4 %
1978 -2.7 %
1979 9.9 %
1980 1.0 %
1981 -9.8 %
1982 -1.9 %
1983 0.9 %
1984 1.8 %
1985 1.2 %
1986 2.0 %
1987 1.2 %
1988 3.4 %
1989 4.1 %
1990 3.1 %
1991 -6.3 %
1992 1.2 %
1993 2.1 %
1994 0.0 %
1995 1.7 %
1996 2.2 %
1997 3.7 %
1998 3.9 %
1999 4.7 %
2000 4.5 %
2001 6.0 %
2002 -12.4 %
2003 9.8 %
2004 5.3 %
2005 4.8 %
2006 5.4 %
2007 5.7 %
2008 6.7 %
2009 -4.0 %
2010 0.6 %
2011 1.6 %
2012 3.0 %
2013 2.3 %
2014 3.3 %
2015 3.1 %
2016 4.0 %
2017 3.9 %
2018 3.2 %
2019 4.4 %
2020 -7.1 %
2021 4.7 %
2022 4.2 %
2023 4.2 %
2024 4.2 %

Source: World Bank

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