Industry (including construction), value added in Madagascar

Madagascar: Industry (including construction), value added was 4.5% in 2025. ◆ Volatile

Latest (2025)
4.5%
Change on year
up 62.7%
World rank
67th
of 198 countries
All-time high
19.7%
in 2021
All-time low
-22.8%
in 2002
Years of data
30
1996–2025

Industry (including construction), value added in Madagascar, 1996–2025

-20-10010201996201020251996: -14.3 annual % growth1997: 2.5 annual % growth1998: 2.8 annual % growth1999: 1.7 annual % growth2000: 7.6 annual % growth2001: 8.6 annual % growth2002: -22.8 annual % growth2003: 10.1 annual % growth2004: 4.6 annual % growth2005: 3.1 annual % growth2006: 3.4 annual % growth2007: 4.8 annual % growth2008: 15.8 annual % growth2009: -11.4 annual % growth2010: 2.5 annual % growth2011: 1.8 annual % growth2012: 6.6 annual % growth2013: 14.7 annual % growth2014: 5.6 annual % growth2015: 7.8 annual % growth2016: 5.2 annual % growth2017: 6.2 annual % growth2018: 4.2 annual % growth2019: 8.1 annual % growth2020: -21.6 annual % growth2021: 19.7 annual % growth2022: 6.5 annual % growth2023: 5.5 annual % growth2024: 2.8 annual % growth2025: 4.5 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2025, industry (including construction), value added in Madagascar stood at 4.5%.

That represents a change of up 62.7% on the previous year and down 42.1% over ten years.

Over the whole period, industry (including construction), value added in Madagascar peaked at 19.7% in 2021 and was at its lowest, -22.8%, in 2002.

That places Madagascar 67th out of 198 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.8% -14.3% 2.8% 4
2000s 2.4% -22.8% 15.8% 10
2010s 6.3% 1.8% 14.7% 10
2020s 2.9% -21.6% 19.7% 6

Countries ranked near Madagascar

  1. 64 Nigeria 4.6% compare
  2. 65 Malaysia 4.5% compare
  3. 66 China 4.5% compare
  4. 68 Latvia 4.4% compare
  5. 69 Croatia 4.3% compare
  6. 70 Jordan 4.3% compare

See the full ranking of 243 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is industry (including construction), value added in Madagascar?
Industry (including construction), value added in Madagascar was 4.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Madagascar?
The highest recorded value was 19.7% in 2021.
What is the lowest industry (including construction), value added recorded in Madagascar?
The lowest recorded value was -22.8% in 2002.
How does Madagascar rank for industry (including construction), value added?
Madagascar ranks 67th out of 198 countries with data for 2025.
Is industry (including construction), value added rising or falling in Madagascar?
Over the last ten years it is down 42.1%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.

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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industry (including construction), value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 10,253 data points, 1961–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.