mg Madagascar 2019

Detailed economic analysis and indicators for 2019

Year 2019

Key Economic Indicators (2019)

GDP (Current USD)

$14.10 billion

↑ 2.50% vs 2018
GDP per Capita

$499.82

↓ 0.13% vs 2018
GDP Growth (Annual %)

4.41%

↑ 1.22pp vs 2018
Inflation Rate (CPI %)

5.61%

↓ 2.98pp vs 2018

Year-over-Year Comparison

Indicator 2018 2019 Change
GDP (Current USD) $13.76 billion $14.10 billion +2.50%
GDP per Capita $500.46 $499.82 -0.13%
GDP Growth (Annual %) 3.19% 4.41% +1.22pp
Inflation (CPI %) 8.59% 5.61% -2.98pp
Unemployment Rate (%) 2.30% 2.47% +0.17pp

All Economic Indicators (2019)

National Accounts
GDP (Current USD)
$14.10 billion
GDP per Capita
$499.82
GDP Growth (Annual %)
4.41%
Gross National Income
$13.61 billion
Prices & Employment
Inflation (CPI %)
5.61%
Inflation (GDP Deflator %)
6.52%
Unemployment Rate (%)
2.47%
Interest Rate (Real %)
39.88%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-2.14%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2019, Madagascar's Gross Domestic Product (GDP) is $14.10 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Madagascar for 2019 is $499.82. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Madagascar for 2019 is 5.61%. This measures the annual percentage change in the cost of consumer goods and services.

Madagascar's annual GDP growth rate for 2019 is 4.41%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Madagascar for 2019 is 2.47%. This represents the percentage of the labor force that is unemployed and actively seeking employment.