Gross savings in Madagascar
Madagascar: Gross savings was 13.95 trillion current LCU in 2024. ◆ Volatile
Gross savings in Madagascar, 1974–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Madagascar is 13.95 trillion current LCU, measured in 2024. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 26.6% on the previous year and up 218.5% over ten years.
Over the whole period, gross savings in Madagascar peaked at 13.95 trillion current LCU in 2024 and was at its lowest, 1.69 billion current LCU, in 1979.
That places Madagascar 28th out of 177 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.57 billion current LCU | 1.69 billion current LCU | 7.93 billion current LCU | 6 |
| 1980s | 130.55 billion current LCU | 71.58 billion current LCU | 408.14 billion current LCU | 10 |
| 1990s | 397.05 billion current LCU | 146.63 billion current LCU | 598.34 billion current LCU | 10 |
| 2000s | 1.83 trillion current LCU | 375.04 billion current LCU | 4.34 trillion current LCU | 10 |
| 2010s | 5.05 trillion current LCU | 2.28 trillion current LCU | 8.51 trillion current LCU | 10 |
| 2020s | 9.05 trillion current LCU | 4.04 trillion current LCU | 13.95 trillion current LCU | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Taxes less subsidies on products 1.48 billion current US$ (2025)
- Net primary income (Net income from abroad) -2.06 trillion current LCU (2025)
- Net primary income (Net income from abroad) -454.90 million current US$ (2025)
- GNI per capita 2.65 million current LCU (2025)
- GNI per capita, Atlas method 560 current US$ (2025)
- GNI 86.81 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Madagascar?
- Gross savings in Madagascar was 13.95 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Madagascar?
- The highest recorded value was 13.95 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Madagascar?
- The lowest recorded value was 1.69 billion current LCU in 1979.
- How does Madagascar rank for gross savings?
- Madagascar ranks 28th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Madagascar?
- Over the last ten years it is up 218.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.