Real GDP Growth: Madagascar
Madagascar's real gdp growth is currently 4.3% as of 2026. # Madagascar Real GDP Growth Madagascar's real GDP grew 4.
Current (2026)
4.3%
+13.2% y/y
Peak (2003)
9.8%
Low (2002)
-12.4%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Madagascar
1980 — 2026
Real GDP Growth — Madagascar
Analysis# Madagascar Real GDP Growth
Madagascar's real GDP grew 4.3% in 2026, reflecting moderate economic expansion in the Indian Ocean nation. The current growth rate sits well below the all-time peak of 9.8% recorded in 2003, yet substantially above the catastrophic contraction of -12.4% in 2002. Since 1980, the economy has expanded by a cumulative 437.5%, demonstrating long-term resilience despite volatility.
The 2020 pandemic delivered a severe -7.1% contraction, marking the deepest decline in the recent period. Recovery accelerated in 2021 with 4.7% growth, stabilizing around 4.2% annually through 2024. Projections indicate a slight deceleration to 3.8% in 2025 before rebounding marginally to 4.3% in 2026, suggesting Madagascar's growth trajectory has settled into a sustainable mid-4% range following post-pandemic normalization.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 5.0% | +0.00% |
| 2029 | 5.0% | +2.04% |
| 2028 | 4.9% | +0.00% |
| 2027 | 4.9% | +13.95% |
| 2026 | 4.3% | +13.16% |
| 2025 | 3.8% | -9.52% |
| 2024 | 4.2% | +0.00% |
| 2023 | 4.2% | +0.00% |
| 2022 | 4.2% | -10.64% |
| 2021 | 4.7% | +166.20% |
| 2020 | -7.1% | -261.36% |
| 2019 | 4.4% | +37.50% |
| 2018 | 3.2% | -17.95% |
| 2017 | 3.9% | -2.50% |
| 2016 | 4.0% | +29.03% |
| 2015 | 3.1% | -6.06% |
| 2014 | 3.3% | +43.48% |
| 2013 | 2.3% | -23.33% |
| 2012 | 3.0% | +87.50% |
| 2011 | 1.6% | +166.67% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.6% | +115.00% |
| 2009 | -4.0% | -159.70% |
| 2008 | 6.7% | +17.54% |
| 2007 | 5.7% | +5.56% |
| 2006 | 5.4% | +12.50% |
| 2005 | 4.8% | -9.43% |
| 2004 | 5.3% | -45.92% |
| 2003 | 9.8% | +179.03% |
| 2002 | -12.4% | -306.67% |
| 2001 | 6.0% | +33.33% |
| 2000 | 4.5% | -4.26% |
| 1999 | 4.7% | +20.51% |
| 1998 | 3.9% | +5.41% |
| 1997 | 3.7% | +68.18% |
| 1996 | 2.2% | +29.41% |
| 1995 | 1.7% | — |
| 1994 | 0.0% | -100.00% |
| 1993 | 2.1% | +75.00% |
| 1992 | 1.2% | +119.05% |
| 1991 | -6.3% | -303.23% |
| 1990 | 3.1% | -24.39% |
| 1989 | 4.1% | +20.59% |
| 1988 | 3.4% | +183.33% |
| 1987 | 1.2% | -40.00% |
| 1986 | 2.0% | +66.67% |
| 1985 | 1.2% | -33.33% |
| 1984 | 1.8% | +100.00% |
| 1983 | 0.9% | +147.37% |
| 1982 | -1.9% | +80.61% |
| 1981 | -9.8% | -1325.00% |
| 1980 | 0.8% | — |
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