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Madagascar GDP per Capita

Madagascar's GDP per capita rose to $453.38 in 2024, up from $445.83 in 2023, according to World Bank. This represents an increase of 1.7% ($7.55) from the previous year. Madagascar has the 4th lowest GDP per capita. Other bottom countries are Burundi, Afghanistan, Central African Republic and Somalia.

Madagascar's GDP rose to $17.42 billion in 2024, up from $15.87 billion in 2023.

Yearly Historical Data (1960-2024)

(in USD)
Year GDP per Capita (USD)
2024 453.38
2023 445.83
2022 438.52
2021 431.6
2020 422.92
2019 467.28
2018 459.33
2017 456.85
2016 451.16
2015 445.32
2014 443.34
2013 440.67
2012 442.64
2011 441.76
2010 447.42
2009 457.79
2008 490.96
2007 473.79
2006 461.54
2005 450.96
2004 443.28
2003 433.6
2002 406.7
2001 478.41
2000 465.53
1999 460.03
1998 453.89
1997 451.3
1996 449.63
1995 454.54
1994 461.4
1993 476.16
1992 480.81
1991 489.72
1990 538.54
1989 537.84
1988 532.03
1987 529.51
1986 538.49
1985 543.51
1984 553.13
1983 559.66
1982 571.23
1981 599.78
1980 685.1
1979 699.49
1978 656.4
1977 695.15
1976 699.99
1975 744.31
1974 757.53
1973 765.22
1972 809.52
1971 844.49
1970 836.54
1969 817.56
1968 810.51
1967 779.72
1966 758.93
1965 763.4
1964 787.06
1963 776.88
1962 804.71
1961 807.54
1960 812.25
Madagascar GDP per Capita : Definition
GDP per Capita measures total economic output for Madagascar divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $17.42B $15.87B 2024
GDP Annual Growth Rate 4.2% 4.2% 2024
GDP per Capita PPP $1,657.05 $1,629.46 2024
R&D Expenditure (% GDP) 0.01% 0.01% 2017
Real GDP $14.49B $13.91B 2024