What is gdp per capita in Madagascar?

Gdp per capita in Madagascar was 1,606 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.

What is the highest gdp per capita recorded in Madagascar?

The highest recorded value was 2,072 international-$ in 2021 prices in 1971.

What is the lowest gdp per capita recorded in Madagascar?

The lowest recorded value was 1,236 international-$ in 2021 prices in 1994.

How does Madagascar rank for gdp per capita?

Madagascar ranks 177th out of 184 countries with data for 2023.

Is gdp per capita rising or falling in Madagascar?

Over the last ten years it is down 10.8%. The long-run trend across the full record is falling.

Where does this Madagascar data come from?

The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

GDP per capita in Madagascar

Name: GDP per capita in Madagascar
Creator: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
License: CC BY 4.0 (Our World in Data)

Madagascar: GDP per capita was 1,606 international-$ in 2021 prices in 2023. ▼ Falling

Latest (2023)

1,606 international-$ in 2021 prices

Change on year

up 1.2%

World rank

177th

of 184 countries

All-time high

2,072 international-$ in 2021 prices

in 1971

All-time low

1,236 international-$ in 2021 prices

in 1994

Years of data

1960–2023

GDP per capita in Madagascar, 1960–2023

Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2023, gdp per capita in Madagascar stood at 1,606 international-$ in 2021 prices.

The figure is up 1.2% on the previous year and down 10.8% over ten years.

Over the whole period, gdp per capita in Madagascar peaked at 2,072 international-$ in 2021 prices in 1971 and was at its lowest, 1,236 international-$ in 2021 prices, in 1994.

That places Madagascar 177th out of 184 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 64 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	1,834 international-$ in 2021 prices	1,748 international-$ in 2021 prices	1,977 international-$ in 2021 prices	10
1970s	1,820 international-$ in 2021 prices	1,617 international-$ in 2021 prices	2,072 international-$ in 2021 prices	10
1980s	1,607 international-$ in 2021 prices	1,492 international-$ in 2021 prices	1,858 international-$ in 2021 prices	10
1990s	1,309 international-$ in 2021 prices	1,236 international-$ in 2021 prices	1,504 international-$ in 2021 prices	10
2000s	1,462 international-$ in 2021 prices	1,236 international-$ in 2021 prices	1,690 international-$ in 2021 prices	10
2010s	1,766 international-$ in 2021 prices	1,636 international-$ in 2021 prices	1,878 international-$ in 2021 prices	10
2020s	1,581 international-$ in 2021 prices	1,546 international-$ in 2021 prices	1,606 international-$ in 2021 prices	4

Countries ranked near Madagascar

174 Niger 1,919 international-$ in 2021 prices compare
175 Malawi 1,748 international-$ in 2021 prices compare
176 Liberia 1,666 international-$ in 2021 prices compare
178 Mozambique 1,543 international-$ in 2021 prices compare
179 Somalia 1,391 international-$ in 2021 prices compare
180 Central African Republic 1,098 international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Madagascar

DEC alternative conversion factor 4,530 LCU per US$ (2025)
Final consumption expenditure 87.4% (2025)
Manufacturing, value added 2.14 trillion constant LCU (2024)
Households and NPISHs final consumption expenditure 72.8% (2025)
Final consumption expenditure 17.15 billion current US$ (2025)
Final consumption expenditure 77.70 trillion current LCU (2025)
Final consumption expenditure 12.67 billion constant 2015 US$ (2025)
Final consumption expenditure 2.1% (2025)
Manufacturing, value added 1.39 billion constant 2015 US$ (2024)
Manufacturing, value added 2.31 billion current US$ (2024)

All data for Madagascar →

Frequently asked questions

What is gdp per capita in Madagascar?: Gdp per capita in Madagascar was 1,606 international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
What is the highest gdp per capita recorded in Madagascar?: The highest recorded value was 2,072 international-$ in 2021 prices in 1971.
What is the lowest gdp per capita recorded in Madagascar?: The lowest recorded value was 1,236 international-$ in 2021 prices in 1994.
How does Madagascar rank for gdp per capita?: Madagascar ranks 177th out of 184 countries with data for 2023.
Is gdp per capita rising or falling in Madagascar?: Over the last ten years it is down 10.8%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?: The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator: GDP per capita
Unit: international-$ in 2021 prices
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 184 places, 10,907 data points, 1950–2023
Last refreshed: 06 August 2026

Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.