Madagascar: Savings, percent of GDP

* indicates monthly or quarterly data series
 Madagascar

Savings as percent of GDP

 Latest value 15.56
 Year 2022
 Measure percent
 Data availability 1974 - 2022
 Average 15.95
 Min - Max 1.15 - 40.08
 Source The World Bank
The latest value from 2022 is 15.56 percent, an increase from 11.24 percent in 2021. In comparison, the world average is 23.18 percent, based on data from 140 countries. Historically, the average for Madagascar from 1974 to 2022 is 15.95 percent. The minimum value, 1.15 percent, was reached in 1979 while the maximum of 40.08 percent was recorded in 1989. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Madagascar - Savings, percent of GDP - Recent values chart

Historical series
Madagascar - Savings, percent of GDP - historical chart - 1974-2022




The savings in Madagascar and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Share of industry 14.92 2023 percent
 Share of manufacturing 9.50 2021 percent
 Share of services 54.94 2023 percent
 Industry value added 2.39 2023 billion U.S. dollars
 Manufacturing value added 1.38 2021 billion U.S. dollars
 Services value added 8.81 2023 billion U.S. dollars
 Savings, percent of GDP 15.56 2022 percent
 Savings, in dollars 2.38 2022 billion U.S. dollars
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