Madagascar GDP Annual Growth Rate  1961-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Madagascar expanded 3.20 percent in 2014 from the previous year. GDP Annual Growth Rate in Madagascar averaged 1.90 percent from 1961 until 2014, reaching an all time high of 9.85 percent in 1979 and a record low of -12.70 percent in 2002. GDP Annual Growth Rate in Madagascar is reported by the Institut National de la Statistique de Madagascar.

Madagascar GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.20 2.40 9.85 -12.70 1961 - 2014 percent Yearly
Madagascar is one of the poorest countries in the world with over 70 percent of population living below the poverty line. Madagascar’s economy depends on agriculture (shrimps, spices, coffee, cacao, cotton, tobacco are the most important products), ecotourism and mining (graphite, chromie). After years of stable growth, the country faced a military coup in 2009. As a result, the economic activity slowed down substantially, tourism revenues dropped and financial aid for the country was halted. Yet, as democracy and order return to Madagascar, tourism and foreign direct investments are recovering and increasing expectations of fast recovery. This page provides - Madagascar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Madagascar GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.20 2.40 9.85 -12.70 percent [+]
GDP 10.59 10.61 10.61 0.67 USD Billion [+]
GDP per capita 271.08 270.69 501.16 249.10 USD [+]
GDP per capita PPP 1370.63 1368.63 1660.73 1259.48 USD [+]




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South Sudan 15.90 Dec/14
Sierra Leone 13.80 Dec/14
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Ethiopia 10.30 Dec/13
Ivory Coast 10.00 Sep/15
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Congo 9.50 Dec/14
Myanmar 8.70 Dec/14
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China 6.80 Dec/15
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Turkmenistan 6.70 Dec/15
Afghanistan 6.40 Dec/14
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Malawi 6.00 Dec/14
Republic of the Congo 6.00 Dec/14
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Philippines 5.80 Dec/15
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Benin 5.10 Sep/15
Gabon 5.10 Dec/14
Indonesia 5.04 Dec/15
Bolivia 5.01 Jun/15
Uganda 4.90 Sep/15
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Niger 4.80 Sep/15
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Angola 4.70 Dec/14
Burundi 4.70 Dec/14
Czech Republic 4.70 Sep/15
Malaysia 4.70 Sep/15
Morocco 4.70 Dec/15
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Zimbabwe 4.00 Dec/14
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Ghana 3.60 Sep/15
Guyana 3.60 Dec/14
Poland 3.60 Dec/15
Romania 3.60 Sep/15
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Macedonia 3.50 Sep/15
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Spain 3.50 Dec/15
Kosovo 3.40 Jun/15
Mauritius 3.40 Sep/15
Suriname 3.40 Dec/14
Armenia 3.30 Sep/15
Colombia 3.20 Sep/15
Madagascar 3.20 Dec/14
Bosnia and Herzegovina 3.10 Sep/15
Honduras 3.10 Dec/14
Comoros 3.00 Dec/15
Costa Rica 3.00 Sep/15
Latvia 3.00 Dec/15
Norway 3.00 Sep/15
South Korea 3.00 Dec/15
Albania 2.98 Sep/15
Bulgaria 2.90 Sep/15
Georgia 2.90 Dec/15
Peru 2.90 Sep/15
Thailand 2.90 Sep/15
Nigeria 2.84 Sep/15
Croatia 2.80 Sep/15
Haiti 2.80 Dec/14
Seychelles 2.80 Dec/14
Sudan 2.70 Dec/14
El Salvador 2.60 Sep/15
Iceland 2.60 Sep/15
Jordan 2.60 Sep/15
Mongolia 2.60 Sep/15
Somalia 2.60 Dec/14
Israel 2.52 Sep/15
Australia 2.50 Sep/15
Mexico 2.50 Dec/15
Slovenia 2.50 Sep/15
Swaziland 2.50 Dec/14
Bahrain 2.40 Sep/15
Hungary 2.40 Sep/15
Argentina 2.30 Jun/15
Hong Kong 2.30 Sep/15
New Zealand 2.30 Sep/15
Chile 2.20 Sep/15
Cyprus 2.20 Sep/15
Lebanon 2.00 Dec/14
Lithuania 2.00 Dec/15
Paraguay 2.00 Sep/15
Singapore 2.00 Dec/15
Brunei 1.90 Sep/15
Eritrea 1.90 Dec/14
European Union 1.90 Sep/15
Netherlands 1.90 Sep/15
United Kingdom 1.90 Dec/15
United States 1.80 Dec/15
Germany 1.70 Dec/15
Cayman Islands 1.60 Jun/15
Euro Area 1.60 Sep/15
Japan 1.60 Sep/15
France 1.50 Dec/15
Jamaica 1.50 Sep/15
Cape Verde 1.40 Sep/15
Portugal 1.40 Sep/15
Belgium 1.30 Dec/15
Serbia 1.30 Dec/15
Canada 1.20 Sep/15
Kazakhstan 1.20 Dec/15
Austria 1.10 Dec/15
Azerbaijan 1.00 Dec/15
Central African Republic 1.00 Dec/14
Ecuador 1.00 Jun/15
North Korea 1.00 Dec/14
South Africa 1.00 Sep/15
Bahamas 0.93 Dec/14
Italy 0.80 Sep/15
Switzerland 0.80 Sep/15
Estonia 0.70 Sep/15
Liberia 0.70 Dec/14
Iran 0.60 Mar/15
Uruguay 0.56 Sep/15
Denmark 0.50 Sep/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Tunisia -0.10 Sep/15
Finland -0.20 Sep/15
Yemen -0.20 Dec/14
Taiwan -0.28 Dec/15
Greece -0.90 Sep/15
Puerto Rico -0.90 Dec/14
Belize -1.00 Sep/15
Gambia -1.40 Dec/14
Kuwait -1.60 Dec/14
Trinidad and Tobago -2.00 Sep/15
Equatorial Guinea -2.10 Dec/14
Syria -2.30 Dec/11
Iraq -2.40 Dec/14
Botswana -3.50 Sep/15
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Russia -3.80 Dec/15
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Brazil -4.50 Sep/15
Venezuela -7.10 Sep/15
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Libya -21.80 Dec/14
Macau -24.20 Sep/15