GDP of Madagascar: 19.5 bn$ in 2025, 619 $ per person (2,035 $ in purchasing power parity). Real growth of 3.1 % in 2025 (IMF).
Source: IMF, World Economic Outlook (October 2026) · updated on
- GDP, current dollars
- 19.5 bn$
- 2025 · +49.2 % since 2020
- GDP per capita
- 619 $
- 2025 · +29.7 % since 2020
- Inflation
- 8.0 %
- 2025 · +3.8 pt since 2020
- Public debt
- 47.7 %
- 2025 · −5.2 pt since 2020
GDP, current dollars
Billions of current dollars · dashed: estimates and projections
Chart data as a table
| Year | Madagascar |
|---|---|
| 2015 | 11.3 bn$ |
| 2016 | 11.8 bn$ |
| 2017 | 13.2 bn$ |
| 2018 | 13.8 bn$ |
| 2019 | 14.1 bn$ |
| 2020 | 13.1 bn$ |
| 2021 | 14.4 bn$ |
| 2022 | 15.3 bn$ |
| 2023 | 16.0 bn$ |
| 2024 | 17.6 bn$ |
| 2025 · estimate | 19.5 bn$ |
| 2026 · projection | 21.0 bn$ |
| 2027 · projection | 22.7 bn$ |
| 2028 · projection | 25.1 bn$ |
| 2029 · projection | 27.7 bn$ |
| 2030 · projection | 30.4 bn$ |
In its region
GDP in current dollars, 2020 → 2025
- 1 Uganda +75.3 %
- 2 Seychelles +68.3 %
- 3 Rwanda +56.1 %
- 4 Somalia +52.0 %
- 5 Madagascar +49.2 %
- 6 Djibouti +42.8 %
- 7 Tanzania +41.4 %
- 8 Mauritius +40.9 %
- 9 Kenya +34.7 %
- 10 Comoros +32.0 %
All indicators
Value in 2025 and change since 2020
| Indicator | 2020 | 2025 | Change |
|---|---|---|---|
| Real GDP growth | −7.1 % | +3.1 % | +10.2 pt |
| GDP, current dollars | 13.1 bn$ | 19.5 bn$ | +49.2 % |
| GDP per capita | 477 $ | 619 $ | +29.7 % |
| GDP per capita, PPP | 1,578 $ | 2,035 $ | +28.9 % |
| Inflation | 4.2 % | 8.0 % | +3.8 pt |
| Public debt | 52.9 % | 47.7 % | −5.2 pt |
| Population | 27.3 M | 31.4 M | +15.0 % |
| Fiscal balance | −4.0 % | −2.1 % | +1.9 pt |
| Current account | −5.4 % | −6.0 % | −0.6 pt |
| Unemployment | n/a | n/a | n/a |