Services, value added in Madagascar
Madagascar: Services, value added was 43.39 trillion current LCU in 2025. ◆ Volatile
Services, value added in Madagascar, 1966–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in Madagascar is 43.39 trillion current LCU, measured in 2025. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 10.6% on the previous year and up 157.3% over ten years.
Over the whole period, services, value added in Madagascar peaked at 43.39 trillion current LCU in 2025 and was at its lowest, 24.51 billion current LCU, in 1966.
Madagascar ranks 29th of 205 countries on this measure, 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 |
|---|---|---|---|---|
| 1960s | 27.07 billion current LCU | 24.51 billion current LCU | 29.87 billion current LCU | 4 |
| 1970s | 44.58 billion current LCU | 32.75 billion current LCU | 69.28 billion current LCU | 10 |
| 1990s | 2.03 trillion current LCU | 1.43 trillion current LCU | 2.49 trillion current LCU | 5 |
| 2000s | 5.75 trillion current LCU | 3.03 trillion current LCU | 8.84 trillion current LCU | 10 |
| 2010s | 16.89 trillion current LCU | 10.17 trillion current LCU | 25.42 trillion current LCU | 10 |
| 2020s | 33.44 trillion current LCU | 24.91 trillion current LCU | 43.39 trillion current LCU | 6 |
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 services, value added in Madagascar?
- Services, value added in Madagascar was 43.39 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Madagascar?
- The highest recorded value was 43.39 trillion current LCU in 2025.
- What is the lowest services, value added recorded in Madagascar?
- The lowest recorded value was 24.51 billion current LCU in 1966.
- How does Madagascar rank for services, value added?
- Madagascar ranks 29th out of 205 countries with data for 2025.
- Is services, value added rising or falling in Madagascar?
- Over the last ten years it is up 157.3%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 series is expressed in local currency units.