Manufacturing, value added in Madagascar
Madagascar: Manufacturing, value added was 2.31 billion current US$ in 2024. ▲ Rising
Manufacturing, value added in Madagascar, 2007–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Madagascar recorded 2.31 billion current US$ for manufacturing, value added in 2024. That is the highest value across all 18 years on record.
The figure is up 10.6% on the previous year and up 103.9% over ten years.
Over the whole period, manufacturing, value added in Madagascar peaked at 2.31 billion current US$ in 2024 and was at its lowest, 781.11 million current US$, in 2007.
Madagascar ranks 117th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 900.43 million current US$ | 781.11 million current US$ | 1.04 billion current US$ | 3 |
| 2010s | 1.12 billion current US$ | 894.35 million current US$ | 1.42 billion current US$ | 10 |
| 2020s | 1.83 billion current US$ | 1.27 billion current US$ | 2.31 billion current US$ | 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 manufacturing, value added in Madagascar?
- Manufacturing, value added in Madagascar was 2.31 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Madagascar?
- The highest recorded value was 2.31 billion current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Madagascar?
- The lowest recorded value was 781.11 million current US$ in 2007.
- How does Madagascar rank for manufacturing, value added?
- Madagascar ranks 117th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Madagascar?
- Over the last ten years it is up 103.9%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.