Madagascar Live GDP
$12,445,769,658
GDP Added Today
$24,975,137
Madagascar GDP (2026)
LiveMadagascar has an economy centered on agriculture, mining, tourism, fisheries, and services. The country's unique biodiversity supports tourism, while exports of vanilla, cloves, nickel, and cobalt contribute significantly to foreign earnings. This page reviews Madagascar GDP data, historical trends, and the outlook for 2026.
GDP Growth Rate (2026)
3.60%
vs 2025
โฒ +0.80%
GDP Per Capita (2026)
$656
vs 2025
โฒ +$34
Global Rank (Nominal)
#137
of 218 countries
World Share
0.02%
of 2026 World GDP
Years Covered
1980โ2026
47 years
Madagascar GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Highest GDP
$21.19B
Lowest GDP
$3.18B
Average Growth
2.08%
1980โ2026
Best Growth
9.80%
Weakest Growth
-12.40%
Share of World GDP (2026)
Madagascar
0.02%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.17%
Key Findings
โ
Madagascar's GDP in 2026 is $21.19B.
โ
It ranks #137 among 218 countries.
โ
Madagascar contributes 0.02% to the world economy.
โ
GDP per capita is $656 in 2026.
โ
The economy recorded GDP growth of 3.60% in 2026.
Historical Data
Madagascar GDP Historical Data (1980โ2026)
| 2026 | $21,185,000,000 | 3.60% | $656 | 0.02% | #136 |
| 2025 | $19,556,000,000 | 2.80% | $622 | 0.02% | #135 |
| 2024 | $17,593,000,000 | 4.30% | $575 | 0.02% | #136 |
| 2023 | $16,037,000,000 | 4.20% | $539 | 0.01% | #138 |
| 2022 | $15,342,000,000 | 4.10% | $530 | 0.01% | #135 |
| 2021 | $14,355,000,000 | 4.70% | $509 | 0.01% | #134 |
| 2020 | $13,051,000,000 | -7.10% | $477 | 0.02% | #134 |
| 2019 | $14,105,000,000 | 4.40% | $532 | 0.02% | #134 |
| 2018 | $13,760,000,000 | 3.20% | $536 | 0.02% | #134 |
| 2017 | $13,176,000,000 | 3.90% | $528 | 0.02% | #132 |
| 2016 | $11,849,000,000 | 4.00% | $489 | 0.02% | #134 |
| 2015 | $11,323,000,000 | 3.10% | $482 | 0.01% | #141 |
| 2014 | $12,523,000,000 | 3.30% | $549 | 0.02% | #137 |
| 2013 | $12,424,000,000 | 2.30% | $561 | 0.02% | #135 |
| 2012 | $11,579,000,000 | 3.00% | $539 | 0.02% | #135 |
| 2011 | $11,552,000,000 | 1.60% | $553 | 0.02% | #134 |
| 2010 | $9,983,000,000 | 0.60% | $493 | 0.01% | #134 |
| 2009 | $9,617,000,000 | -4.00% | $489 | 0.02% | #132 |
| 2008 | $10,725,000,000 | 6.70% | $562 | 0.02% | #128 |
| 2007 | $8,525,000,000 | 5.70% | $460 | 0.01% | #134 |
| 2006 | $6,396,000,000 | 5.40% | $355 | 0.01% | #139 |
| 2005 | $5,859,000,000 | 4.80% | $335 | 0.01% | #139 |
| 2004 | $5,065,000,000 | 5.30% | $299 | 0.01% | #140 |
| 2003 | $6,372,000,000 | 9.80% | $387 | 0.02% | #120 |
| 2002 | $5,352,000,000 | -12.40% | $335 | 0.02% | #120 |
| 2001 | $5,438,000,000 | 6.00% | $351 | 0.02% | #120 |
| 2000 | $4,629,000,000 | 4.50% | $307 | 0.01% | #123 |
| 1999 | $4,278,000,000 | 4.70% | $293 | 0.01% | #123 |
| 1998 | $4,402,000,000 | 3.90% | $310 | 0.01% | #120 |
| 1997 | $4,263,000,000 | 3.70% | $309 | 0.01% | #123 |
| 1996 | $4,932,000,000 | 2.20% | $369 | 0.02% | #114 |
| 1995 | $3,838,000,000 | 1.70% | $296 | 0.01% | #121 |
| 1994 | $3,522,000,000 | 0.00% | $279 | 0.01% | #118 |
| 1993 | $4,063,000,000 | 2.10% | $332 | 0.02% | #111 |
| 1992 | $3,715,000,000 | 1.20% | $312 | 0.01% | #108 |
| 1991 | $3,255,000,000 | -6.30% | $280 | 0.01% | #109 |
| 1990 | $3,931,000,000 | 3.10% | $348 | 0.02% | #100 |
| 1989 | $3,176,000,000 | 4.10% | $288 | 0.02% | #102 |
| 1988 | $3,189,000,000 | 3.40% | $297 | 0.02% | #102 |
| 1987 | $3,213,000,000 | 1.20% | $308 | 0.02% | #98 |
| 1986 | $4,348,000,000 | 2.00% | $427 | 0.03% | #89 |
| 1985 | $3,803,000,000 | 1.20% | $384 | 0.03% | #92 |
| 1984 | $3,906,000,000 | 1.80% | $405 | 0.03% | #88 |
| 1983 | $4,686,000,000 | 0.90% | $499 | 0.04% | #82 |
| 1982 | $4,785,000,000 | -1.90% | $523 | 0.04% | #79 |
| 1981 | $4,759,000,000 | -9.80% | $534 | 0.04% | #81 |
| 1980 | $5,202,000,000 | 0.80% | $599 | 0.05% | #78 |
Madagascar GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $22,926,000,000 | 4.10% | $690 | 0.02% | #131 |
| 2028 | $25,256,000,000 | 4.60% | $740 | 0.02% | #128 |
| 2029 | $27,861,000,000 | 4.70% | $794 | 0.02% | #127 |
| 2030 | $30,748,000,000 | 4.80% | $853 | 0.02% | #128 |
| 2031 | $33,637,000,000 | 4.80% | $907 | 0.02% | #124 |
Madagascar Economy Overview
Madagascar has an economy centered on agriculture, mining, tourism, fisheries, and services. Agriculture remains the largest employer, producing vanilla, cloves, coffee, rice, cocoa, and tropical fruits. Madagascar is also a leading global exporter of vanilla.
Mining contributes through nickel, cobalt, graphite, chromite, and gemstones. Tourism benefits from the island's unique biodiversity, national parks, and coastal attractions. Retail, transportation, telecommunications, and construction continue to expand alongside infrastructure investment.
Madagascar GDP Outlook
Madagascarโs future performance is supported by agriculture, mining, tourism, textiles, and demand for specialized exports such as vanilla and graphite. Renewable energy, food processing, fisheries, ecotourism, and mineral development could create wider employment opportunities. Better roads, ports, and electricity access would improve market connectivity. Cyclones, drought, commodity-price volatility, poverty, weak infrastructure, political uncertainty, and environmental degradation remain serious obstacles.