Madagascar Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Madagascar experienced a significant a decrease in its GDP growth rate, which fall to 4.2% from 4.203% in 2023. Additionally, the GDP per capita growth rate in Madagascar increase to 1.693% in 2024, compared to 1.669% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 2.049% | 2.05% | -0.58% | -0.58% |
| 1962 | 2.271% | 0.22% | -0.35% | 0.23% |
| 1963 | -0.929% | -3.20% | -3.458% | -3.11% |
| 1964 | 3.963% | 4.89% | 1.31% | 4.77% |
| 1965 | -0.452% | -4.42% | -3.006% | -4.32% |
| 1966 | 2.065% | 2.52% | -0.586% | 2.42% |
| 1967 | 5.529% | 3.46% | 2.739% | 3.33% |
| 1968 | 6.829% | 1.30% | 3.949% | 1.21% |
| 1969 | 3.721% | -3.11% | 0.871% | -3.08% |
| 1970 | 5.276% | 1.56% | 2.321% | 1.45% |
| 1971 | 3.929% | -1.35% | 0.951% | -1.37% |
| 1972 | -1.273% | -5.20% | -4.141% | -5.09% |
| 1973 | -2.618% | -1.35% | -5.473% | -1.33% |
| 1974 | 2.007% | 4.63% | -1.004% | 4.47% |
| 1975 | 1.259% | -0.75% | -1.745% | -0.74% |
| 1976 | -3.069% | -4.33% | -5.955% | -4.21% |
| 1977 | 2.364% | 5.43% | -0.691% | 5.26% |
| 1978 | -2.662% | -5.03% | -5.574% | -4.88% |
| 1979 | 9.855% | 12.52% | 6.564% | 12.14% |
| 1980 | 0.953% | -8.90% | -2.056% | -8.62% |
| 1981 | -9.8% | -10.75% | -12.454% | -10.40% |
| 1982 | -1.9% | 7.90% | -4.76% | 7.69% |
| 1983 | 0.9% | 2.80% | -2.025% | 2.74% |
| 1984 | 1.76% | 0.86% | -1.167% | 0.86% |
| 1985 | 1.156% | -0.60% | -1.739% | -0.57% |
| 1986 | 1.96% | 0.80% | -0.924% | 0.82% |
| 1987 | 1.175% | -0.79% | -1.668% | -0.74% |
| 1988 | 3.407% | 2.23% | 0.477% | 2.15% |
| 1989 | 4.075% | 0.67% | 1.091% | 0.61% |
| 1990 | 3.129% | -0.95% | 0.129% | -0.96% |
| 1991 | -6.306% | -9.44% | -9.065% | -9.19% |
| 1992 | 1.181% | 7.49% | -1.818% | 7.25% |
| 1993 | 2.1% | 0.92% | -0.967% | 0.85% |
| 1994 | -0.042% | -2.14% | -3.1% | -2.13% |
| 1995 | 1.679% | 1.72% | -1.487% | 1.61% |
| 1996 | 2.154% | 0.48% | -1.08% | 0.41% |
| 1997 | 3.693% | 1.54% | 0.373% | 1.45% |
| 1998 | 3.917% | 0.22% | 0.572% | 0.20% |
| 1999 | 4.699% | 0.78% | 1.355% | 0.78% |
| 2000 | 4.457% | -0.24% | 1.195% | -0.16% |
| 2001 | 5.98% | 1.52% | 2.766% | 1.57% |
| 2002 | -12.408% | -18.39% | -14.988% | -17.75% |
| 2003 | 9.785% | 22.19% | 6.614% | 21.60% |
| 2004 | 5.257% | -4.53% | 2.232% | -4.38% |
| 2005 | 4.756% | -0.50% | 1.732% | -0.50% |
| 2006 | 5.399% | 0.64% | 2.347% | 0.62% |
| 2007 | 5.711% | 0.31% | 2.653% | 0.31% |
| 2008 | 6.713% | 1.00% | 3.626% | 0.97% |
| 2009 | -3.979% | -10.69% | -6.757% | -10.38% |
| 2010 | 0.619% | 4.60% | -2.266% | 4.49% |
| 2011 | 1.578% | 0.96% | -1.265% | 1.00% |
| 2012 | 3.011% | 1.43% | 0.201% | 1.47% |
| 2013 | 2.3% | -0.71% | -0.444% | -0.65% |
| 2014 | 3.339% | 1.04% | 0.606% | 1.05% |
| 2015 | 3.132% | -0.21% | 0.446% | -0.16% |
| 2016 | 3.993% | 0.86% | 1.311% | 0.87% |
| 2017 | 3.933% | -0.06% | 1.262% | -0.05% |
| 2018 | 3.194% | -0.74% | 0.543% | -0.72% |
| 2019 | 4.411% | 1.22% | 1.73% | 1.19% |
| 2020 | -7.138% | -11.55% | -9.492% | -11.22% |
| 2021 | 4.651% | 11.79% | 2.051% | 11.54% |
| 2022 | 4.156% | -0.50% | 1.603% | -0.45% |
| 2023 | 4.203% | 0.05% | 1.669% | 0.07% |
| 2024 | 4.2% | 0.00% | 1.693% | 0.02% |