GDP for Madagascar
Updated on July 23, 2024.

According to the World Bank, in 2024, the Gross Domestic Product (GDP) for Madagascar was US$ 16.03B. A difference of US$ +729.19M (5% increase) compared to 2023.

The chart and table below shows the GDP for 1961-2024.

You can see similar information for other African countries.

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Data Source: World Bank.
GDP for Madagascar (US$)
Table of GDP for Madagascar
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Year GDP (US$)
1961 673,081,725
1962 699,161,945
1963 739,286,908
1964 759,345,864
1965 802,482,184
1966 833,563,473
1967 900,264,585
1968 956,436,932
1969 1,031,669,637
1970 1,056,391,056
1971 1,111,859,571
1972 1,199,507,631
1973 1,341,590,690
1974 1,653,062,335
1975 1,917,508,190
1976 2,283,049,215
1977 2,181,844,179
1978 2,358,930,406
1979 2,669,755,115
1980 3,463,565,854
1981 5,201,818,348
1982 4,759,333,998
1983 4,784,977,326
1984 4,686,457,031
1985 3,905,938,481
1986 3,802,557,895
1987 4,347,989,788
1988 3,212,900,556
1989 3,189,456,965
1990 3,175,638,333
1991 3,931,334,875
1992 3,254,713,056
1993 3,714,966,678
1994 4,063,298,919
1995 3,522,227,092
1996 3,838,100,904
1997 4,931,861,039
1998 4,262,965,420
1999 4,401,967,633
2000 4,277,903,780
2001 4,629,247,204
2002 5,438,332,602
2003 5,351,701,663
2004 6,372,498,890
2005 5,064,732,626
2006 5,859,269,753
2007 6,395,712,491
2008 8,524,620,890
2009 10,725,137,724
2010 9,616,879,409
2011 9,982,711,338
2012 11,551,819,618
2013 11,578,975,062
2014 12,423,555,455
2015 12,522,957,399
2016 11,323,020,701
2017 11,848,613,858
2018 13,176,313,594
2019 13,760,033,282
2020 14,104,664,679
2021 13,051,441,204
2022 14,554,754,117
2023 15,302,510,500
2024 16,031,702,915