GDP (Gross Domestic Product): Madagascar
Madagascar's gdp (gross domestic product) is currently 21.091 USD billions as of 2026. # Madagascar GDP (Gross Domestic Product) Madagascar's economy reached 21.
Current (2026)
21.091 USD billions
+8.8% y/y
Peak (2026)
21.091 USD billions
Low (1989)
3.176 USD billions
Source
IMF World Economic Outlook
1980–2026 · 51 pts
GDP (Gross Domestic Product) — Madagascar
1980 — 2026
GDP (Gross Domestic Product) — Madagascar
Analysis# Madagascar GDP (Gross Domestic Product)
Madagascar's economy reached 21.091 USD billion in 2026, marking its all-time peak. Since 1980, the nation's GDP has grown 305.4%, recovering dramatically from its low of 3.176 USD billion in 1989. The island nation's economic expansion reflects decades of development, though growth has remained uneven across this 46-year period.
Recent momentum has accelerated significantly. Between 2017 and 2023, Madagascar's GDP climbed modestly from 13.176 to 15.87 USD billion. However, 2024 onward shows sharper expansion: the economy grew to 17.421 USD billion in 2024 and surged to 21.091 USD billion by 2026. This trajectory suggests sustained economic strengthening, with the nation on a clear upward path toward continued growth in coming years.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 30.993 USD billions | +10.51% |
| 2029 | 28.045 USD billions | +10.50% |
| 2028 | 25.38 USD billions | +10.55% |
| 2027 | 22.957 USD billions | +8.85% |
| 2026 | 21.091 USD billions | +8.85% |
| 2025 | 19.377 USD billions | +11.23% |
| 2024 | 17.421 USD billions | +9.77% |
| 2023 | 15.87 USD billions | +3.55% |
| 2022 | 15.326 USD billions | +6.76% |
| 2021 | 14.355 USD billions | +9.99% |
| 2020 | 13.051 USD billions | -7.47% |
| 2019 | 14.105 USD billions | +2.51% |
| 2018 | 13.76 USD billions | +4.43% |
| 2017 | 13.176 USD billions | +11.20% |
| 2016 | 11.849 USD billions | +4.65% |
| 2015 | 11.323 USD billions | -9.58% |
| 2014 | 12.523 USD billions | +0.80% |
| 2013 | 12.424 USD billions | +7.30% |
| 2012 | 11.579 USD billions | +0.23% |
| 2011 | 11.552 USD billions | +15.72% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 9.983 USD billions | +3.81% |
| 2009 | 9.617 USD billions | -10.33% |
| 2008 | 10.725 USD billions | +25.81% |
| 2007 | 8.525 USD billions | +33.29% |
| 2006 | 6.396 USD billions | +9.17% |
| 2005 | 5.859 USD billions | +15.68% |
| 2004 | 5.065 USD billions | -20.51% |
| 2003 | 6.372 USD billions | +19.06% |
| 2002 | 5.352 USD billions | -1.58% |
| 2001 | 5.438 USD billions | +17.48% |
| 2000 | 4.629 USD billions | +8.20% |
| 1999 | 4.278 USD billions | -2.82% |
| 1998 | 4.402 USD billions | +3.26% |
| 1997 | 4.263 USD billions | -13.56% |
| 1996 | 4.932 USD billions | +28.50% |
| 1995 | 3.838 USD billions | +8.97% |
| 1994 | 3.522 USD billions | -13.32% |
| 1993 | 4.063 USD billions | +9.37% |
| 1992 | 3.715 USD billions | +14.13% |
| 1991 | 3.255 USD billions | -17.20% |
| 1990 | 3.931 USD billions | +23.77% |
| 1989 | 3.176 USD billions | -0.41% |
| 1988 | 3.189 USD billions | -0.75% |
| 1987 | 3.213 USD billions | -26.10% |
| 1986 | 4.348 USD billions | +14.33% |
| 1985 | 3.803 USD billions | -2.64% |
| 1984 | 3.906 USD billions | -16.65% |
| 1983 | 4.686 USD billions | -2.07% |
| 1982 | 4.785 USD billions | +0.55% |
| 1981 | 4.759 USD billions | -8.52% |
| 1980 | 5.202 USD billions | — |
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