Gross Domestic Product of Madagascar grew 4.6% in 2019 compared to last year. This rate is 16 -tenths of one percent higher than the figure of 3% published in 2018.
The GDP figure in 2019 was €12,598$14,105 million, Madagascar is number 132 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Madagascar rose €952$345 million with respect to 2018.
The GDP per capita of Madagascar in 2019 was €458$512, €4$24 higher than in 2018, it was €454$536. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2009 when the GDP per capita in Madagascar was €351$489.
If we order the countries according to their GDP per capita, Madagascar is in 191 th position. According to this parameter, its population is among the poorest of the 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Madagascar. You can see GDP in other countries in GDP and see all the economic information about Madagascar in Madagascar's economy.