GDP, PPP in Madagascar

Madagascar: GDP, PPP was 54.63 billion constant 2021 international $ in 2025. ▲ Rising

Latest (2025)
54.63 billion constant 2021 international $
Change on year
up 3.0%
World rank
122nd
of 199 countries
All-time high
54.63 billion constant 2021 international $
in 2025
All-time low
22.23 billion constant 2021 international $
in 1991
Years of data
36
1990–2025

GDP, PPP in Madagascar, 1990–2025

020.0B40.0B60.0B1990200720251990: 23.7B constant 2021 international $1991: 22.2B constant 2021 international $1992: 22.5B constant 2021 international $1993: 23.0B constant 2021 international $1994: 23.0B constant 2021 international $1995: 23.3B constant 2021 international $1996: 23.8B constant 2021 international $1997: 24.7B constant 2021 international $1998: 25.7B constant 2021 international $1999: 26.9B constant 2021 international $2000: 28.1B constant 2021 international $2001: 29.8B constant 2021 international $2002: 26.1B constant 2021 international $2003: 28.6B constant 2021 international $2004: 30.1B constant 2021 international $2005: 31.6B constant 2021 international $2006: 33.3B constant 2021 international $2007: 35.2B constant 2021 international $2008: 37.5B constant 2021 international $2009: 36.1B constant 2021 international $2010: 36.3B constant 2021 international $2011: 36.8B constant 2021 international $2012: 38.0B constant 2021 international $2013: 38.8B constant 2021 international $2014: 40.1B constant 2021 international $2015: 41.4B constant 2021 international $2016: 43.0B constant 2021 international $2017: 44.7B constant 2021 international $2018: 46.2B constant 2021 international $2019: 48.2B constant 2021 international $2020: 44.8B constant 2021 international $2021: 46.8B constant 2021 international $2022: 48.8B constant 2021 international $2023: 50.8B constant 2021 international $2024: 53.0B constant 2021 international $2025: 54.6B constant 2021 international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.

Analysis

In 2025, gdp, ppp in Madagascar stood at 54.63 billion constant 2021 international $. That is the highest value across all 36 years on record.

That represents a change of up 3.0% on the previous year and up 32.0% over ten years.

Over the whole period, gdp, ppp in Madagascar peaked at 54.63 billion constant 2021 international $ in 2025 and was at its lowest, 22.23 billion constant 2021 international $, in 1991.

That places Madagascar 122nd out of 199 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.89 billion constant 2021 international $ 22.23 billion constant 2021 international $ 26.90 billion constant 2021 international $ 10
2000s 31.64 billion constant 2021 international $ 26.09 billion constant 2021 international $ 37.55 billion constant 2021 international $ 10
2010s 41.35 billion constant 2021 international $ 36.28 billion constant 2021 international $ 48.19 billion constant 2021 international $ 10
2020s 49.81 billion constant 2021 international $ 44.75 billion constant 2021 international $ 54.63 billion constant 2021 international $ 6

Countries ranked near Madagascar

  1. 119 Kyrgyzstan 57.85 billion constant 2021 international $ compare
  2. 120 Estonia 56.85 billion constant 2021 international $ compare
  3. 121 Nicaragua 55.59 billion constant 2021 international $ compare
  4. 123 Tajikistan 54.60 billion constant 2021 international $ compare
  5. 124 Albania 53.39 billion constant 2021 international $ compare
  6. 125 Cyprus 53.38 billion constant 2021 international $ compare

See the full ranking of 246 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gdp, ppp in Madagascar?
Gdp, ppp in Madagascar was 54.63 billion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp, ppp recorded in Madagascar?
The highest recorded value was 54.63 billion constant 2021 international $ in 2025.
What is the lowest gdp, ppp recorded in Madagascar?
The lowest recorded value was 22.23 billion constant 2021 international $ in 1991.
How does Madagascar rank for gdp, ppp?
Madagascar ranks 122nd out of 199 countries with data for 2025.
Is gdp, ppp rising or falling in Madagascar?
Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.

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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 8,669 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.