Madagascar 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$14.55 billion
↑ 11.52% vs 2020GDP per Capita
$490.21
↑ 8.75% vs 2020GDP Growth (Annual %)
5.74%
↑ 12.88pp vs 2020Inflation Rate (CPI %)
5.81%
↑ 1.61pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.05 billion | $14.55 billion | +11.52% |
| GDP per Capita | $450.77 | $490.21 | +8.75% |
| GDP Growth (Annual %) | -7.14% | 5.74% | +12.88pp |
| Inflation (CPI %) | 4.20% | 5.81% | +1.61pp |
| Unemployment Rate (%) | 3.28% | 3.49% | +0.20pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $14.55 billion
- GDP per Capita
- $490.21
- GDP Growth (Annual %)
- 5.74%
- Gross National Income
- $14.29 billion
Prices & Employment
- Inflation (CPI %)
- 5.81%
- Inflation (GDP Deflator %)
- 6.64%
- Unemployment Rate (%)
- 3.49%
- Interest Rate (Real %)
- 39.05%
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)
- -4.96%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Madagascar's Gross Domestic Product (GDP) is $14.55 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Madagascar for 2021 is $490.21. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Madagascar for 2021 is 5.81%. This measures the annual percentage change in the cost of consumer goods and services.
Madagascar's annual GDP growth rate for 2021 is 5.74%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Madagascar for 2021 is 3.49%. This represents the percentage of the labor force that is unemployed and actively seeking employment.