Nominal GDP in billions of USD
Year -
$16.03 billions(4.77%)
In 2023, Madagascar witnessed an increase in its Nominal GDP, rising to 16.030 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 56.86 international billion dollars.
Relatedly, in the preceding year of 2022, Madagascar has Nominal GDP stood at 15.30 billion dollars, while the GDP based on PPP was 52.76 international billion dollars.
The net change in Madagascar's GDP (Nominal) in 2023 increased by 0.73 billion dollars(4.77%), and GDP (PPP) increased by 4.10 international billion dollars(7.77%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.67 | - | - | - | - | - |
| 1961 | 0.7 | 0.03 | 4.48 % | - | - | - |
| 1962 | 0.74 | 0.04 | 5.71 % | - | - | - |
| 1963 | 0.76 | 0.02 | 2.7 % | - | - | - |
| 1964 | 0.8 | 0.04 | 5.26 % | - | - | - |
| 1965 | 0.83 | 0.03 | 3.75 % | - | - | - |
| 1966 | 0.9 | 0.07 | 8.43 % | - | - | - |
| 1967 | 0.96 | 0.06 | 6.67 % | - | - | - |
| 1968 | 1.03 | 0.07 | 7.29 % | - | - | - |
| 1969 | 1.06 | 0.03 | 2.91 % | - | - | - |
| 1970 | 1.11 | 0.05 | 4.72 % | - | - | - |
| 1971 | 1.2 | 0.09 | 8.11 % | - | - | - |
| 1972 | 1.34 | 0.14 | 11.67 % | - | - | - |
| 1973 | 1.65 | 0.31 | 23.13 % | - | - | - |
| 1974 | 1.92 | 0.27 | 16.36 % | - | - | - |
| 1975 | 2.28 | 0.36 | 18.75 % | - | - | - |
| 1976 | 2.18 | -0.1 | -4.39 % | - | - | - |
| 1977 | 2.36 | 0.18 | 8.26 % | - | - | - |
| 1978 | 2.67 | 0.31 | 13.14 % | - | - | - |
| 1979 | 3.46 | 0.79 | 29.59 % | - | - | - |
| 1980 | 5.2 | 1.74 | 50.29 % | - | - | - |
| 1981 | 4.76 | -0.44 | -8.46 % | - | - | - |
| 1982 | 4.78 | 0.02 | 0.42 % | - | - | - |
| 1983 | 4.69 | -0.09 | -1.88 % | - | - | - |
| 1984 | 3.91 | -0.78 | -16.63 % | - | - | - |
| 1985 | 3.8 | -0.11 | -2.81 % | - | - | - |
| 1986 | 4.35 | 0.55 | 14.47 % | - | - | - |
| 1987 | 3.21 | -1.14 | -26.21 % | - | - | - |
| 1988 | 3.19 | -0.02 | -0.62 % | - | - | - |
| 1989 | 3.18 | -0.01 | -0.31 % | - | - | - |
| 1990 | 3.93 | 0.75 | 23.58 % | 14.05 | - | - |
| 1991 | 3.25 | -0.68 | -17.3 % | 13.61 | -0.44 | -3.13 % |
| 1992 | 3.71 | 0.46 | 14.15 % | 14.09 | 0.48 | 3.53 % |
| 1993 | 4.06 | 0.35 | 9.43 % | 14.73 | 0.64 | 4.54 % |
| 1994 | 3.52 | -0.54 | -13.3 % | 15.03 | 0.3 | 2.04 % |
| 1995 | 3.84 | 0.32 | 9.09 % | 15.61 | 0.58 | 3.86 % |
| 1996 | 4.93 | 1.09 | 28.39 % | 16.23 | 0.62 | 3.97 % |
| 1997 | 4.26 | -0.67 | -13.59 % | 17.12 | 0.89 | 5.48 % |
| 1998 | 4.4 | 0.14 | 3.29 % | 17.99 | 0.87 | 5.08 % |
| 1999 | 4.28 | -0.12 | -2.73 % | 19.11 | 1.12 | 6.23 % |
| 2000 | 4.63 | 0.35 | 8.18 % | 20.41 | 1.3 | 6.8 % |
| 2001 | 5.44 | 0.81 | 17.49 % | 22.12 | 1.71 | 8.38 % |
| 2002 | 5.35 | -0.09 | -1.65 % | 19.67 | -2.45 | -11.08 % |
| 2003 | 6.37 | 1.02 | 19.07 % | 22.03 | 2.36 | 12 % |
| 2004 | 5.06 | -1.31 | -20.57 % | 23.81 | 1.78 | 8.08 % |
| 2005 | 5.86 | 0.8 | 15.81 % | 25.72 | 1.91 | 8.02 % |
| 2006 | 6.4 | 0.54 | 9.22 % | 27.95 | 2.23 | 8.67 % |
| 2007 | 8.52 | 2.12 | 33.13 % | 30.34 | 2.39 | 8.55 % |
| 2008 | 10.73 | 2.21 | 25.94 % | 33 | 2.66 | 8.77 % |
| 2009 | 9.62 | -1.11 | -10.34 % | 31.89 | -1.11 | -3.36 % |
| 2010 | 9.98 | 0.36 | 3.74 % | 32.47 | 0.58 | 1.82 % |
| 2011 | 11.55 | 1.57 | 15.73 % | 33.67 | 1.2 | 3.7 % |
| 2012 | 11.58 | 0.03 | 0.26 % | 34.34 | 0.67 | 1.99 % |
| 2013 | 12.42 | 0.84 | 7.25 % | 35.52 | 1.18 | 3.44 % |
| 2014 | 12.52 | 0.1 | 0.81 % | 37.12 | 1.6 | 4.5 % |
| 2015 | 11.32 | -1.2 | -9.58 % | 38.05 | 0.93 | 2.51 % |
| 2016 | 11.85 | 0.53 | 4.68 % | 40.76 | 2.71 | 7.12 % |
| 2017 | 13.18 | 1.33 | 11.22 % | 41.44 | 0.68 | 1.67 % |
| 2018 | 13.76 | 0.58 | 4.4 % | 42.52 | 1.08 | 2.61 % |
| 2019 | 14.1 | 0.34 | 2.47 % | 45.5 | 2.98 | 7.01 % |
| 2020 | 13.05 | -1.05 | -7.45 % | 43.15 | -2.35 | -5.16 % |
| 2021 | 14.55 | 1.5 | 11.49 % | 47.49 | 4.34 | 10.06 % |
| 2022 | 15.3 | 0.75 | 5.15 % | 52.76 | 5.27 | 11.1 % |
| 2023 | 16.03 | 0.73 | 4.77 % | 56.86 | 4.1 | 7.77 % |