GDP Annual Growth Rate in Madagascar averaged 1.99 percent from 1961 until 2020, reaching an all time high of 9.85 percent in 1979 and a record low of -12.70 percent in 2002. This page provides - Madagascar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2021.
GDP Annual Growth Rate in Madagascar is expected to reach 3.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar GDP Annual Growth Rate is projected to trend around 5.60 percent in 2022 and 5.30 percent in 2023, according to our econometric models.