Madagascar vs Philippines: GDP
GDP over time
- Madagascar
- Philippines
How they compare
Madagascar currently reports 24.80 trillion constant LCU against 23.23 trillion constant LCU in Philippines, a difference of 1.57 trillion constant LCU.
That makes Madagascar's figure about 1.1 times Philippines's.
Across all 66 years both countries report, Madagascar has been ahead every year.
Globally, Madagascar ranks 32nd and Philippines ranks 33rd of 214 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.