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 (+51.03 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 24.9 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined 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*
24.9
2028*
22.73
2027*
20.76
2026*
19.27
2025*
17.92
2024*
16.46
2023*
15.75
2022
15.29
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. (April 22, 2024). Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 12, 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. April 22, 2024. Statista. Accessed October 12, 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: October 12, 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 Apr 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 October 12, 2024)
Madagascar: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/460329/gross-domestic-product-gdp-in-madagascar/
