The gross domestic product (GDP) in current prices in Madagascar was forecast to continuously increase between 2024 and 2029 by in total 8.4 billion U.S. dollars (+48.81 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 25.56 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Djibouti, Seychelles, and Kenya.
Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
25.56
2028*
23.59
2027*
21.33
2026*
19.62
2025*
18.1
2024*
17.21
2023*
15.79
2022
15.13
2021
14.55
2020
13.05
2019
14.11
2018
13.76
2017
13.18
2016
11.85
2015
11.32
2014
12.52
2013
12.42
2012
11.58
2011
11.55
2010
9.98
2009
9.62
2008
10.72
2007
8.53
2006
6.4
2005
5.86
2004
5.07
2003
6.37
2002
5.35
2001
5.44
2000
4.63
1999
4.28
1998
4.4
1997
4.26
1996
4.93
1995
3.84
1994
3.52
1993
4.06
1992
3.71
1991
3.26
1990
3.93
1989
3.18
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IMF. (October 22, 2024). Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/
IMF. "Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/
IMF. (2024). Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/
IMF. "Madagascar: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/
IMF, Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/ (last visited December 25, 2024)
Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/