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Madagascar

Economy overviewAfrica

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GDP4.2%
Inflation7.6%
Unemploy.3.1%
Debt49.8%
Invest.22.2%
Fiscal-2.5% GDP
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GDP Growth
4.2%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$1k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$2k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
2%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$17.4bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
4.2%
2023
4.2%
2022
4.2%
2021
4.7%
2020
-7.1%
2019
4.4%
2018
3.2%
2017
3.9%
2016
4%
2015
3.1%
2014

Compare with peers

🇿🇦
South Africa
GDP: 0.5%
🇳🇬
Nigeria
GDP: 4.1%
🇪🇬
Egypt
GDP: 2.4%
🇪🇹
Ethiopia
GDP: 7.6%
🇰🇪
Kenya
GDP: 4.7%
🇬🇭
Ghana
GDP: 5.6%