Madagascar GDP (2026)
IMF (2026)
- Nominal (current) Gross Domestic Product (GDP) of Madagascar is $21.18 billion ($21,185,000,000) as of 2026, according to the International Monetary Fund (IMF).
- The GDP growth rate in 2026 is 3.6%, according to the International Monetary Fund (IMF).
- GDP per Capita in Madagascar (with a population of 33,522,052 people) is $656 in 2026, an increase of $34 from $622 in 2025; this represents a change of 5.4% in GDP per capita.
GDP Change (%)
Gross Domestic Product (GDP) of Madagascar
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2026 | $21,185,000,000 | 3.6% | $656 | 2.39% |
| 2025 | $19,556,000,000 | 2.8% | $622 | 2.43% |
| 2024 | $17,593,000,000 | 4.3% | $575 | 2.47% |
| 2023 | $16,037,000,000 | 4.2% | $539 | 2.49% |
| 2022 | $15,342,000,000 | 4.1% | $530 | 2.51% |
| 2021 | $14,355,000,000 | 4.7% | $509 | 2.55% |
| 2020 | $13,051,000,000 | −7.1% | $477 | 2.6% |
| 2019 | $14,105,000,000 | 4.4% | $532 | 2.64% |
| 2018 | $13,760,000,000 | 3.2% | $536 | 2.64% |
| 2017 | $13,176,000,000 | 3.9% | $528 | 2.64% |
| 2016 | $11,849,000,000 | 4.0% | $489 | 2.65% |
| 2015 | $11,323,000,000 | 3.1% | $482 | 2.67% |
| 2014 | $12,523,000,000 | 3.3% | $549 | 2.72% |
| 2013 | $12,424,000,000 | 2.3% | $561 | 2.76% |
| 2012 | $11,579,000,000 | 3.0% | $539 | 2.8% |
| 2011 | $11,552,000,000 | 1.6% | $553 | 2.88% |
| 2010 | $9,983,000,000 | 0.6% | $493 | 2.95% |
| 2009 | $9,617,000,000 | −4.0% | $489 | 2.98% |
| 2008 | $10,725,000,000 | 6.7% | $562 | 2.98% |
| 2007 | $8,525,000,000 | 5.7% | $460 | 2.98% |
| 2006 | $6,396,000,000 | 5.4% | $355 | 2.98% |
| 2005 | $5,859,000,000 | 4.8% | $335 | 2.97% |
| 2004 | $5,065,000,000 | 5.3% | $299 | 2.96% |
| 2003 | $6,372,000,000 | 9.8% | $387 | 2.97% |
| 2002 | $5,352,000,000 | −12.4% | $335 | 3.04% |
| 2001 | $5,438,000,000 | 6.0% | $351 | 3.13% |
| 2000 | $4,629,000,000 | 4.5% | $307 | 3.22% |
| 1999 | $4,278,000,000 | 4.7% | $293 | 3.3% |
| 1998 | $4,402,000,000 | 3.9% | $310 | 3.33% |
| 1997 | $4,263,000,000 | 3.7% | $309 | 3.31% |
| 1996 | $4,932,000,000 | 2.2% | $369 | 3.27% |
| 1995 | $3,838,000,000 | 1.7% | $296 | 3.21% |
| 1994 | $3,522,000,000 | 0.0% | $279 | 3.16% |
| 1993 | $4,063,000,000 | 2.1% | $332 | 3.1% |
| 1992 | $3,715,000,000 | 1.2% | $312 | 3.05% |
| 1991 | $3,255,000,000 | −6.3% | $280 | 3.03% |
| 1990 | $3,931,000,000 | 3.1% | $348 | 3% |
| 1989 | $3,176,000,000 | 4.1% | $288 | 2.95% |
| 1988 | $3,189,000,000 | 3.4% | $297 | 2.92% |
| 1987 | $3,213,000,000 | 1.2% | $308 | 2.89% |
| 1986 | $4,348,000,000 | 2.0% | $427 | 2.91% |
| 1985 | $3,803,000,000 | 1.2% | $384 | 2.95% |
| 1984 | $3,906,000,000 | 1.8% | $405 | 2.96% |
| 1983 | $4,686,000,000 | 0.9% | $499 | 2.99% |
| 1982 | $4,785,000,000 | −1.9% | $523 | 3% |
| 1981 | $4,759,000,000 | −9.8% | $534 | 3.03% |
| 1980 | $5,202,000,000 | 0.8% | $599 | 3.07% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2026 | $68,061,000,000 | $2,106 | 3.7% | 2.39% |
| 2025 | $63,844,000,000 | $2,030 | 2.9% | 2.43% |
| 2024 | $60,371,000,000 | $1,973 | 4% | 2.47% |
| 2023 | $56,468,000,000 | $1,897 | 5.2% | 2.49% |
| 2022 | $52,242,000,000 | $1,804 | 8.5% | 2.51% |
| 2021 | $46,836,000,000 | $1,662 | 5.3% | 2.55% |
| 2020 | $43,150,000,000 | $1,578 | −8% | 2.6% |
| 2019 | $45,498,000,000 | $1,715 | 3.6% | 2.64% |
| 2018 | $42,524,000,000 | $1,656 | −0.3% | 2.64% |
| 2017 | $41,438,000,000 | $1,662 | 2.7% | 2.64% |
| 2016 | $39,169,000,000 | $1,618 | 1.9% | 2.65% |
| 2015 | $37,310,000,000 | $1,588 | 1% | 2.67% |
| 2014 | $35,844,000,000 | $1,571 | 2.1% | 2.72% |
| 2013 | $34,092,000,000 | $1,539 | 1% | 2.76% |
| 2012 | $32,768,000,000 | $1,524 | 1.9% | 2.8% |
| 2011 | $31,229,000,000 | $1,496 | 0.6% | 2.88% |
| 2010 | $30,122,000,000 | $1,487 | −1.1% | 2.95% |
| 2009 | $29,577,000,000 | $1,504 | −6.2% | 2.98% |
| 2008 | $30,614,000,000 | $1,603 | 5.6% | 2.98% |
| 2007 | $28,146,000,000 | $1,518 | 5.4% | 2.98% |
| 2006 | $25,923,000,000 | $1,440 | 5.5% | 2.98% |
| 2005 | $23,860,000,000 | $1,366 | 4.9% | 2.97% |
| 2004 | $22,084,000,000 | $1,302 | 4.9% | 2.96% |
| 2003 | $20,431,000,000 | $1,241 | 8.7% | 2.97% |
| 2002 | $18,250,000,000 | $1,142 | −13.6% | 3.04% |
| 2001 | $20,517,000,000 | $1,322 | 5.2% | 3.13% |
| 2000 | $18,933,000,000 | $1,257 | 3.7% | 3.22% |
| 1999 | $17,723,000,000 | $1,212 | 3.1% | 3.3% |
| 1998 | $16,692,000,000 | $1,176 | 2% | 3.33% |
| 1997 | $15,884,000,000 | $1,153 | 2.4% | 3.31% |
| 1996 | $15,058,000,000 | $1,126 | 1% | 3.27% |
| 1995 | $14,476,000,000 | $1,115 | 0.8% | 3.21% |
| 1994 | $13,945,000,000 | $1,106 | −0.9% | 3.16% |
| 1993 | $13,659,000,000 | $1,116 | 1.8% | 3.1% |
| 1992 | $13,068,000,000 | $1,096 | 0.8% | 3.05% |
| 1991 | $12,628,000,000 | $1,088 | −5.7% | 3.03% |
| 1990 | $13,037,000,000 | $1,153 | 4.2% | 3% |
| 1989 | $12,185,000,000 | $1,107 | 5.3% | 2.95% |
| 1988 | $11,266,000,000 | $1,051 | 4.3% | 2.92% |
| 1987 | $10,524,000,000 | $1,008 | 1% | 2.89% |
| 1986 | $10,150,000,000 | $998 | 1.3% | 2.91% |
| 1985 | $9,759,000,000 | $985 | 1.6% | 2.95% |
| 1984 | $9,351,000,000 | $969 | 2.7% | 2.96% |
| 1983 | $8,870,000,000 | $944 | 2.1% | 2.99% |
| 1982 | $8,459,000,000 | $924 | 1.4% | 3% |
| 1981 | $8,121,000,000 | $911 | −3.8% | 3.03% |
| 1980 | $8,225,000,000 | $948 | – | 3.07% |
| Year | GDP Nominal (Current USD) | GDP Real (Constant, Inflation Adjusted) | Pop. Change |
|---|---|---|---|
| 2024 | $17,420,814,801 | $14,492,369,788 | 2.47% |
| 2023 | $15,869,945,478 | $13,908,224,365 | 2.49% |
| 2022 | $15,325,603,273 | $13,347,233,960 | 2.51% |
| 2021 | $14,354,731,964 | $12,814,644,792 | 2.55% |
| 2020 | $13,051,441,204 | $12,245,161,113 | 2.6% |
| 2019 | $14,104,664,679 | $13,186,360,203 | 2.64% |
| 2018 | $13,760,033,282 | $12,629,254,472 | 2.64% |
| 2017 | $13,176,313,594 | $12,238,318,934 | 2.64% |
| 2016 | $11,848,613,858 | $11,775,165,457 | 2.65% |
| 2015 | $11,323,020,701 | $11,323,020,701 | 2.67% |
| 2014 | $12,522,957,399 | $10,979,121,878 | 2.72% |
| 2013 | $12,423,555,455 | $10,624,353,147 | 2.76% |
| 2012 | $11,578,975,062 | $10,385,448,753 | 2.8% |
| 2011 | $11,551,819,618 | $10,081,868,752 | 2.88% |
| 2010 | $9,982,711,338 | $9,925,206,606 | 2.95% |
| 2009 | $9,616,879,409 | $9,864,124,029 | 2.98% |
| 2008 | $10,725,137,724 | $10,272,850,830 | 2.98% |
| 2007 | $8,524,620,890 | $9,626,649,241 | 2.98% |
| 2006 | $6,395,712,491 | $9,106,610,407 | 2.98% |
| 2005 | $5,859,269,753 | $8,640,170,094 | 2.97% |
| 2004 | $5,064,732,626 | $8,247,912,168 | 2.96% |
| 2003 | $6,372,498,890 | $7,835,974,695 | 2.97% |
| 2002 | $5,351,701,663 | $7,137,571,065 | 3.04% |
| 2001 | $5,438,332,602 | $8,148,653,657 | 3.13% |
| 2000 | $4,629,247,204 | $7,688,842,733 | 3.22% |
| 1999 | $4,277,903,780 | $7,360,783,017 | 3.3% |
| 1998 | $4,401,967,633 | $7,030,408,176 | 3.33% |
| 1997 | $4,262,965,420 | $6,765,402,319 | 3.31% |
| 1996 | $4,931,861,039 | $6,524,423,229 | 3.27% |
| 1995 | $3,838,100,904 | $6,386,837,686 | 3.21% |
| 1994 | $3,522,227,092 | $6,281,398,611 | 3.16% |
| 1993 | $4,063,298,919 | $6,284,044,276 | 3.1% |
| 1992 | $3,714,966,678 | $6,154,798,241 | 3.05% |
| 1991 | $3,254,713,056 | $6,082,965,418 | 3.03% |
| 1990 | $3,931,334,875 | $6,492,398,920 | 3% |
| 1989 | $3,175,638,333 | $6,295,421,170 | 2.95% |
| 1988 | $3,189,456,965 | $6,048,934,315 | 2.92% |
| 1987 | $3,212,900,556 | $5,849,641,181 | 2.89% |
| 1986 | $4,347,989,788 | $5,781,711,091 | 2.91% |
| 1985 | $3,802,557,895 | $5,670,555,452 | 2.95% |
| 1984 | $3,905,938,481 | $5,605,733,877 | 2.96% |
| 1983 | $4,686,457,031 | $5,508,769,511 | 2.99% |
| 1982 | $4,784,977,326 | $5,459,632,815 | 3% |
| 1981 | $4,759,333,998 | $5,565,374,939 | 3.03% |
| 1980 | $5,201,818,348 | $6,170,038,735 | 3.07% |
| 1979 | $3,463,565,854 | $6,111,811,048 | 3.09% |
| 1978 | $2,669,755,115 | $5,563,543,311 | 3.08% |
| 1977 | $2,358,930,406 | $5,715,683,721 | 3.08% |
| 1976 | $2,181,844,179 | $5,583,685,378 | 3.07% |
| 1975 | $2,283,049,215 | $5,760,465,920 | 3.06% |
| 1974 | $1,917,508,190 | $5,688,860,706 | 3.04% |
| 1973 | $1,653,062,335 | $5,576,938,282 | 3.02% |
| 1972 | $1,341,590,690 | $5,726,895,808 | 2.99% |
| 1971 | $1,199,507,631 | $5,800,716,981 | 2.95% |
| 1970 | $1,111,859,571 | $5,581,403,272 | 2.89% |
| 1969 | $1,056,391,056 | $5,301,663,360 | 2.83% |
| 1968 | $1,031,669,637 | $5,111,454,772 | 2.77% |
| 1967 | $956,436,932 | $4,784,716,703 | 2.72% |
| 1966 | $900,264,585 | $4,534,048,838 | 2.67% |
| 1965 | $833,563,473 | $4,442,334,514 | 2.63% |
| 1964 | $802,482,184 | $4,462,516,417 | 2.62% |
| 1963 | $759,345,864 | $4,292,428,143 | 2.62% |
| 1962 | $739,286,908 | $4,332,696,293 | 2.63% |
| 1961 | $699,161,945 | $4,236,482,815 | 2.64% |
| 1960 | $673,081,725 | $4,151,435,155 | 2.65% |
Madagascar GDP Projections (IMF)
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2027 | $22,926,000,000 | 4.1% | $690 | 2.35% |
| 2028 | $25,256,000,000 | 4.6% | $740 | 2.31% |
| 2029 | $27,861,000,000 | 4.7% | $794 | 2.26% |
| 2030 | $30,748,000,000 | 4.8% | $853 | 2.22% |
| 2031 | $33,637,000,000 | 4.8% | $907 | 2.19% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2027 | $72,429,000,000 | $2,180 | −3.4% | 2.35% |
| 2028 | $77,024,000,000 | $2,256 | −3.6% | 2.31% |
| 2029 | $82,100,000,000 | $2,340 | −3.7% | 2.26% |
| 2030 | $87,651,000,000 | $2,430 | −3.7% | 2.22% |
| 2031 | $93,559,000,000 | $2,524 | – | 2.19% |
Sources:
- IMF, World Economic Outlook (April 2026).
- World Bank
- National Accounts Data – United Nations Statistics Division
- World Population Prospects: The 2024 Revision – United Nations Population Division