Madagascar - GDP

GDP (current US$)

The latest value for GDP (current US$) in Madagascar was $13,056,080,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $14,104,660,000 in 2019 and $673,081,700 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $673,081,700
1961 $699,161,900
1962 $739,286,900
1963 $759,345,900
1964 $802,482,200
1965 $833,563,500
1966 $900,264,600
1967 $956,436,900
1968 $1,031,670,000
1969 $1,056,391,000
1970 $1,111,860,000
1971 $1,199,508,000
1972 $1,341,591,000
1973 $1,653,062,000
1974 $1,917,508,000
1975 $2,283,049,000
1976 $2,181,844,000
1977 $2,358,930,000
1978 $2,669,755,000
1979 $3,463,566,000
1980 $5,201,818,000
1981 $4,759,334,000
1982 $4,784,977,000
1983 $4,686,457,000
1984 $3,905,938,000
1985 $3,802,558,000
1986 $4,347,990,000
1987 $3,212,901,000
1988 $3,189,457,000
1989 $3,175,638,000
1990 $3,931,335,000
1991 $3,254,713,000
1992 $3,714,967,000
1993 $4,063,299,000
1994 $3,522,227,000
1995 $3,838,101,000
1996 $4,931,861,000
1997 $4,262,965,000
1998 $4,401,968,000
1999 $4,277,904,000
2000 $4,629,247,000
2001 $5,438,333,000
2002 $5,351,702,000
2003 $6,372,499,000
2004 $5,064,733,000
2005 $5,859,270,000
2006 $6,395,713,000
2007 $8,524,621,000
2008 $10,725,140,000
2009 $9,616,880,000
2010 $9,982,712,000
2011 $11,551,820,000
2012 $11,578,980,000
2013 $12,423,560,000
2014 $12,522,960,000
2015 $11,323,020,000
2016 $11,848,610,000
2017 $13,176,310,000
2018 $13,760,030,000
2019 $14,104,660,000
2020 $13,056,080,000

GDP (current LCU)

The value for GDP (current LCU) in Madagascar was 49,453,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 51,035,200,000,000 in 2019 and a minimum value of 33,230,450,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 33,230,450,000
1961 34,518,040,000
1962 36,499,040,000
1963 37,489,360,000
1964 39,619,030,000
1965 41,153,530,000
1966 44,446,600,000
1967 47,219,860,000
1968 50,934,150,000
1969 54,871,040,000
1970 61,754,790,000
1971 66,484,300,000
1972 67,623,330,000
1973 73,689,660,000
1974 92,310,280,000
1975 97,857,000,000
1976 104,270,000,000
1977 115,908,000,000
1978 120,489,000,000
1979 147,355,000,000
1980 219,807,000,000
1981 258,651,000,000
1982 334,696,000,000
1983 403,456,000,000
1984 450,466,000,000
1985 503,822,000,000
1986 588,145,000,000
1987 687,055,000,000
1988 897,581,000,000
1989 1,018,390,000,000
1990 1,174,800,000,000
1991 1,194,710,000,000
1992 1,384,910,000,000
1993 1,555,250,000,000
1994 2,160,770,000,000
1995 3,274,380,000,000
1996 4,005,910,000,000
1997 4,340,450,000,000
1998 4,790,570,000,000
1999 5,376,280,000,000
2000 6,265,670,000,000
2001 7,166,080,000,000
2002 7,312,520,000,000
2003 7,891,240,000,000
2004 9,465,270,000,000
2005 11,736,300,000,000
2006 13,701,500,000,000
2007 15,974,100,000,000
2008 18,322,500,000,000
2009 18,812,600,000,000
2010 20,863,400,000,000
2011 23,393,800,000,000
2012 25,415,500,000,000
2013 27,417,700,000,000
2014 30,240,600,000,000
2015 33,216,200,000,000
2016 37,637,600,000,000
2017 41,058,800,000,000
2018 45,886,300,000,000
2019 51,035,200,000,000
2020 49,453,200,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Madagascar was 49,453,200,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 51,035,200,000,000 in 2019 and 1,174,800,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 1,174,800,000,000
1991 1,194,710,000,000
1992 1,384,910,000,000
1993 1,555,250,000,000
1994 2,160,770,000,000
1995 3,274,380,000,000
1996 4,005,910,000,000
1997 4,340,450,000,000
1998 4,790,570,000,000
1999 5,376,280,000,000
2000 6,265,670,000,000
2001 7,166,080,000,000
2002 7,312,520,000,000
2003 7,891,240,000,000
2004 9,465,270,000,000
2005 11,736,300,000,000
2006 13,701,500,000,000
2007 15,974,100,000,000
2008 18,322,500,000,000
2009 18,812,600,000,000
2010 20,863,400,000,000
2011 23,393,800,000,000
2012 25,415,500,000,000
2013 27,417,700,000,000
2014 30,240,600,000,000
2015 33,216,200,000,000
2016 37,637,600,000,000
2017 41,058,800,000,000
2018 45,886,300,000,000
2019 51,035,200,000,000
2020 49,453,200,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Madagascar was 12,244,770,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 13,186,360,000 in 2019 and 4,151,435,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 4,151,435,000
1961 4,236,483,000
1962 4,332,697,000
1963 4,292,428,000
1964 4,462,516,000
1965 4,442,335,000
1966 4,534,049,000
1967 4,784,717,000
1968 5,111,455,000
1969 5,301,663,000
1970 5,581,403,000
1971 5,800,717,000
1972 5,726,896,000
1973 5,576,938,000
1974 5,688,861,000
1975 5,760,466,000
1976 5,583,686,000
1977 5,715,684,000
1978 5,563,544,000
1979 6,111,811,000
1980 6,170,039,000
1981 5,565,375,000
1982 5,459,633,000
1983 5,508,770,000
1984 5,605,734,000
1985 5,670,556,000
1986 5,781,711,000
1987 5,849,641,000
1988 6,048,934,000
1989 6,295,421,000
1990 6,492,399,000
1991 6,082,966,000
1992 6,154,798,000
1993 6,284,044,000
1994 6,281,399,000
1995 6,386,838,000
1996 6,524,423,000
1997 6,765,403,000
1998 7,030,408,000
1999 7,360,783,000
2000 7,688,843,000
2001 8,148,654,000
2002 7,137,571,000
2003 7,835,975,000
2004 8,247,912,000
2005 8,640,170,000
2006 9,106,610,000
2007 9,626,650,000
2008 10,272,850,000
2009 9,864,124,000
2010 9,925,207,000
2011 10,081,870,000
2012 10,385,450,000
2013 10,624,350,000
2014 10,979,120,000
2015 11,323,020,000
2016 11,775,170,000
2017 12,238,320,000
2018 12,629,250,000
2019 13,186,360,000
2020 12,244,770,000

GDP (constant LCU)

The value for GDP (constant LCU) in Madagascar was 20,318,500,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 21,880,900,000,000 in 2019 and a minimum value of 6,888,730,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 6,888,730,000,000
1961 7,029,860,000,000
1962 7,189,510,000,000
1963 7,122,690,000,000
1964 7,404,930,000,000
1965 7,371,440,000,000
1966 7,523,620,000,000
1967 7,939,570,000,000
1968 8,481,750,000,000
1969 8,797,370,000,000
1970 9,261,560,000,000
1971 9,625,480,000,000
1972 9,502,989,000,000
1973 9,254,150,000,000
1974 9,439,870,000,000
1975 9,558,690,000,000
1976 9,265,350,000,000
1977 9,484,380,000,000
1978 9,231,930,000,000
1979 10,141,700,000,000
1980 10,238,300,000,000
1981 9,234,970,000,000
1982 9,059,500,000,000
1983 9,141,040,000,000
1984 9,301,940,000,000
1985 9,409,499,000,000
1986 9,593,950,000,000
1987 9,706,670,000,000
1988 10,037,400,000,000
1989 10,446,400,000,000
1990 10,773,200,000,000
1991 10,093,800,000,000
1992 10,213,000,000,000
1993 10,427,500,000,000
1994 10,423,100,000,000
1995 10,598,100,000,000
1996 10,826,400,000,000
1997 11,226,200,000,000
1998 11,666,000,000,000
1999 12,214,200,000,000
2000 12,758,600,000,000
2001 13,521,600,000,000
2002 11,843,800,000,000
2003 13,002,700,000,000
2004 13,686,300,000,000
2005 14,337,200,000,000
2006 15,111,200,000,000
2007 15,974,100,000,000
2008 17,046,400,000,000
2009 16,368,100,000,000
2010 16,469,500,000,000
2011 16,729,500,000,000
2012 17,233,200,000,000
2013 17,629,600,000,000
2014 18,218,300,000,000
2015 18,789,000,000,000
2016 19,539,300,000,000
2017 20,307,800,000,000
2018 20,956,500,000,000
2019 21,880,900,000,000
2020 20,318,500,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Madagascar was 42,759,370,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 45,499,080,000 in 2019 and 13,618,770,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 14,059,950,000
1991 13,618,770,000
1992 14,093,610,000
1993 14,730,650,000
1994 15,038,880,000
1995 15,611,960,000
1996 16,240,280,000
1997 17,141,250,000
1998 18,013,170,000
1999 19,131,940,000
2000 20,431,380,000
2001 22,128,170,000
2002 19,689,100,000
2003 22,017,080,000
2004 23,798,430,000
2005 25,706,810,000
2006 27,914,530,000
2007 30,301,290,000
2008 32,964,270,000
2009 31,894,020,000
2010 32,465,470,000
2011 33,666,790,000
2012 34,211,230,000
2013 35,256,750,000
2014 36,701,690,000
2015 37,486,180,000
2016 39,996,970,000
2017 40,514,540,000
2018 42,812,540,000
2019 45,499,080,000
2020 42,759,370,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Madagascar was 40,535,910,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 43,653,010,000 in 2019 and 20,137,450,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 21,492,870,000
1991 20,137,450,000
1992 20,375,250,000
1993 20,803,120,000
1994 20,794,360,000
1995 21,143,410,000
1996 21,598,880,000
1997 22,396,640,000
1998 23,273,930,000
1999 24,367,630,000
2000 25,453,660,000
2001 26,975,840,000
2002 23,628,690,000
2003 25,940,730,000
2004 27,304,440,000
2005 28,602,990,000
2006 30,147,130,000
2007 31,868,700,000
2008 34,007,930,000
2009 32,654,850,000
2010 32,857,060,000
2011 33,375,690,000
2012 34,380,680,000
2013 35,171,570,000
2014 36,346,020,000
2015 37,484,480,000
2016 38,981,290,000
2017 40,514,540,000
2018 41,808,720,000
2019 43,653,010,000
2020 40,535,910,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts