Madagascar 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$13.05 billion
↓ 7.47% vs 2019GDP per Capita
$450.77
↓ 9.81% vs 2019GDP Growth (Annual %)
-7.14%
↓ 11.55pp vs 2019Inflation Rate (CPI %)
4.20%
↓ 1.41pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $14.10 billion | $13.05 billion | -7.47% |
| GDP per Capita | $499.82 | $450.77 | -9.81% |
| GDP Growth (Annual %) | 4.41% | -7.14% | -11.55pp |
| Inflation (CPI %) | 5.61% | 4.20% | -1.41pp |
| Unemployment Rate (%) | 2.47% | 3.28% | +0.82pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $13.05 billion
- GDP per Capita
- $450.77
- GDP Growth (Annual %)
- -7.14%
- Gross National Income
- $12.72 billion
Prices & Employment
- Inflation (CPI %)
- 4.20%
- Inflation (GDP Deflator %)
- 4.31%
- Unemployment Rate (%)
- 3.28%
- Interest Rate (Real %)
- 42.71%
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)
- -4.78%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Madagascar's Gross Domestic Product (GDP) is $13.05 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Madagascar for 2020 is $450.77. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Madagascar for 2020 is 4.20%. This measures the annual percentage change in the cost of consumer goods and services.
Madagascar's annual GDP growth rate for 2020 is -7.14%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Madagascar for 2020 is 3.28%. This represents the percentage of the labor force that is unemployed and actively seeking employment.