Madagascar 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$16.06 billion
↑ 1.71% vs 2023GDP per Capita
$514.84
↑ 1.71% vs 2023GDP Growth (Annual %)
1.71%
↓ 2.09pp vs 2023Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.79 billion | $16.06 billion | +1.71% |
| GDP per Capita | $506.16 | $514.84 | +1.71% |
| GDP Growth (Annual %) | 3.80% | 1.71% | -2.09pp |
| Inflation (CPI %) | 9.87% | N/A | N/A |
| Unemployment Rate (%) | 3.07% | 3.01% | -0.06pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $16.06 billion
- GDP per Capita
- $514.84
- GDP Growth (Annual %)
- 1.71%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 3.01%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Madagascar's Gross Domestic Product (GDP) is $16.06 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Madagascar for 2024 is $514.84. GDP per capita is calculated by dividing the country's GDP by its population.
Madagascar's annual GDP growth rate for 2024 is 1.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Madagascar for 2024 is 3.01%. This represents the percentage of the labor force that is unemployed and actively seeking employment.