Manufacturing, value added in Madagascar

Madagascar: Manufacturing, value added was 13.1% in 2024. ▲ Rising

Latest (2024)
13.1%
Change on year
up 0.8%
World rank
64th
of 204 countries
All-time high
13.1%
in 2024
All-time low
8.5%
in 2015
Years of data
18
2007–2024

Manufacturing, value added in Madagascar, 2007–2024

0510152007201520242007: 9.2 % of GDP2008: 9.7 % of GDP2009: 9.2 % of GDP2010: 9 % of GDP2011: 8.7 % of GDP2012: 8.7 % of GDP2013: 8.6 % of GDP2014: 9 % of GDP2015: 8.5 % of GDP2016: 10.2 % of GDP2017: 9.2 % of GDP2018: 9.4 % of GDP2019: 10.1 % of GDP2020: 9.7 % of GDP2021: 11.4 % of GDP2022: 12.1 % of GDP2023: 13 % of GDP2024: 13.1 % of GDP

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

Analysis

The most recent figure for manufacturing, value added in Madagascar is 13.1%, measured in 2024. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 0.8% on the previous year and up 45.2% over ten years.

Over the whole period, manufacturing, value added in Madagascar peaked at 13.1% in 2024 and was at its lowest, 8.5%, in 2015.

Madagascar ranks 64th 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

DecadeAverage LowestHighest Years
2000s 9.3% 9.2% 9.7% 3
2010s 9.1% 8.5% 10.2% 10
2020s 11.9% 9.7% 13.1% 5

Countries ranked near Madagascar

  1. 61 Senegal 13.2% compare
  2. 62 Guatemala 13.2% compare
  3. 63 Lithuania 13.1% compare
  4. 65 Burundi 13.1% compare
  5. 66 Bolivia 13.1% compare
  6. 67 Pakistan 13.0% compare

See the full ranking of 251 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is manufacturing, value added in Madagascar?
Manufacturing, value added in Madagascar was 13.1% 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 13.1% in 2024.
What is the lowest manufacturing, value added recorded in Madagascar?
The lowest recorded value was 8.5% in 2015.
How does Madagascar rank for manufacturing, value added?
Madagascar ranks 64th 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 45.2%. 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 (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Manufacturing, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,062 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.