The Gross Domestic Product (GDP) in Madagascar was worth 13.72 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Madagascar represents 0.01 percent of the world economy. source: World Bank
GDP in Madagascar averaged 5.14 USD Billion from 1960 until 2020, reaching an all time high of 14.19 USD Billion in 2019 and a record low of 0.67 USD Billion in 1960. This page provides the latest reported value for - Madagascar GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar GDP - values, historical data and charts - was last updated on July of 2021.
GDP in Madagascar is expected to reach 14.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar GDP is projected to trend around 14.50 USD Billion in 2022 and 15.30 USD Billion in 2023, according to our econometric models.