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Country Profile · GDP · 2024

Madagascar GDP

Madagascar's GDP is $17.4B in 2024 — ranked #133 in the world, accounting for 0.02% of global GDP.

ISO: MDGWorld rank: #133Member of: Sub-Saharan Africa, Low incomeSource: World Bank
$17.4B
GDP (2024)
$545
GDP per capita
0.02%
of world GDP

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Madagascar GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$17.4B2024
GDP per capita$5452024
GDP growth+4.2%2024
Population32.0M2024
World GDP rank#1332024
Share of world GDP0.02%2024

GDP history

Year-by-year GDP data for Madagascar.

$11.3B 2015 $11.8B 2016 $13.2B 2017 $13.8B 2018 $14.1B 2019 $13.1B 2020 $14.4B 2021 $15.3B 2022 $15.9B 2023 $17.4B 2024
YearGDPPer capitaGrowthRank% World
2024$17.4B$545+4.2%#1330.02%
2023$15.9B$509+4.2%#1350.01%
2022$15.3B$504+4.2%#1360.01%
2021$14.4B$483+4.7%#1320.01%
2020$13.1B$451-7.1%#1330.02%
2019$14.1B$500+4.4%#1330.02%
2018$13.8B$500+3.2%#1340.02%
2017$13.2B$492+3.9%#1330.02%
2016$11.8B$454+4.0%#1340.02%
2015$11.3B$445+3.1%#1410.01%

FAQ

What is the GDP of Madagascar?

Madagascar's GDP is $17.4B in 2024, ranking #133 in the world and making up 0.02% of global GDP.

What is Madagascar's GDP per capita?

GDP per capita is $545.

What share of world GDP is Madagascar?

Madagascar accounts for 0.02% of world GDP in 2024.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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