GDP Growth Rate
Year -
3.99%
In 2023, Madagascar experienced a significant an increase in its GDP growth rate, which rise to 3.99% from 3.8% in 2022. Additionally, the GDP per capita growth rate in Madagascar increase to 1.54% in 2023, compared to 1.36% in 2022.
In 2023, Madagascar experienced a increase in economic performance, with the GDP growth rate rising by 0.19%. Additionally, the GDP per capita growth rate increase by 0.18%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 2.05% | 2.05% | -0.56% | -0.56% |
| 1962 | 2.27% | 0.22% | -0.35% | 0.21% |
| 1963 | -0.93% | -3.20% | -3.48% | -3.13% |
| 1964 | 3.96% | 4.89% | 1.27% | 4.75% |
| 1965 | -0.45% | -4.41% | -3.04% | -4.31% |
| 1966 | 2.06% | 2.51% | -0.62% | 2.42% |
| 1967 | 5.53% | 3.47% | 2.71% | 3.33% |
| 1968 | 6.83% | 1.30% | 3.92% | 1.21% |
| 1969 | 3.72% | -3.11% | 0.83% | -3.09% |
| 1970 | 5.28% | 1.56% | 2.27% | 1.44% |
| 1971 | 3.93% | -1.35% | 0.88% | -1.39% |
| 1972 | -1.27% | -5.20% | -4.22% | -5.10% |
| 1973 | -2.62% | -1.35% | -5.53% | -1.31% |
| 1974 | 2.01% | 4.63% | -1.03% | 4.50% |
| 1975 | 1.26% | -0.75% | -1.74% | -0.71% |
| 1976 | -3.07% | -4.33% | -5.92% | -4.18% |
| 1977 | 2.36% | 5.43% | -0.63% | 5.29% |
| 1978 | -2.66% | -5.02% | -5.5% | -4.87% |
| 1979 | 9.85% | 12.51% | 6.68% | 12.18% |
| 1980 | 0.95% | -8.90% | -1.93% | -8.61% |
| 1981 | -9.8% | -10.75% | -12.34% | -10.41% |
| 1982 | -1.9% | 7.90% | -4.63% | 7.71% |
| 1983 | 0.9% | 2.80% | -1.89% | 2.74% |
| 1984 | 1.76% | 0.86% | -1.03% | 0.86% |
| 1985 | 1.16% | -0.60% | -1.62% | -0.59% |
| 1986 | 1.96% | 0.80% | -0.84% | 0.78% |
| 1987 | 1.17% | -0.79% | -1.63% | -0.79% |
| 1988 | 3.41% | 2.24% | 0.49% | 2.12% |
| 1989 | 4.07% | 0.66% | 1.1% | 0.61% |
| 1990 | 3.13% | -0.94% | 0.13% | -0.97% |
| 1991 | -6.31% | -9.44% | -9.08% | -9.21% |
| 1992 | 1.18% | 7.49% | -1.85% | 7.23% |
| 1993 | 2.1% | 0.92% | -1.01% | 0.84% |
| 1994 | -0.04% | -2.14% | -3.14% | -2.13% |
| 1995 | 1.68% | 1.72% | -1.5% | 1.64% |
| 1996 | 2.15% | 0.47% | -1.04% | 0.46% |
| 1997 | 3.69% | 1.54% | 0.46% | 1.50% |
| 1998 | 3.92% | 0.23% | 0.7% | 0.24% |
| 1999 | 4.7% | 0.78% | 1.5% | 0.80% |
| 2000 | 4.46% | -0.24% | 1.33% | -0.17% |
| 2001 | 5.98% | 1.52% | 2.85% | 1.52% |
| 2002 | -12.41% | -18.39% | -14.96% | -17.81% |
| 2003 | 9.78% | 22.19% | 6.61% | 21.57% |
| 2004 | 5.26% | -4.52% | 2.22% | -4.39% |
| 2005 | 4.76% | -0.50% | 1.74% | -0.48% |
| 2006 | 5.4% | 0.64% | 2.36% | 0.62% |
| 2007 | 5.71% | 0.31% | 2.66% | 0.30% |
| 2008 | 6.71% | 1.00% | 3.65% | 0.99% |
| 2009 | -3.98% | -10.69% | -6.72% | -10.37% |
| 2010 | 0.62% | 4.60% | -2.22% | 4.50% |
| 2011 | 1.58% | 0.96% | -1.23% | 0.99% |
| 2012 | 3.01% | 1.43% | 0.24% | 1.47% |
| 2013 | 2.3% | -0.71% | -0.4% | -0.64% |
| 2014 | 3.34% | 1.04% | 0.66% | 1.06% |
| 2015 | 3.13% | -0.21% | 0.5% | -0.16% |
| 2016 | 3.99% | 0.86% | 1.34% | 0.84% |
| 2017 | 3.93% | -0.06% | 1.28% | -0.06% |
| 2018 | 3.19% | -0.74% | 0.59% | -0.69% |
| 2019 | 4.41% | 1.22% | 1.81% | 1.22% |
| 2020 | -7.14% | -11.55% | -9.41% | -11.22% |
| 2021 | 5.74% | 12.88% | 3.21% | 12.62% |
| 2022 | 3.8% | -1.94% | 1.36% | -1.85% |
| 2023 | 3.99% | 0.19% | 1.54% | 0.18% |