Madagascar: Savings, percent of GDP

* indicates monthly or quarterly data series
 Madagascar

Savings as percent of GDP

 Latest value 15.22
 Year 2022
 Measure percent
 Data availability 1974 - 2022
 Average 15.93
 Min - Max 1.15 - 40.08
 Source The World Bank
For that indicator, we provide data for Madagascar from 1974 to 2022. The average value for Madagascar during that period was 15.93 percent with a minimum of 1.15 percent in 1979 and a maximum of 40.08 percent in 1989. The latest value from 2022 is 15.22 percent. For comparison, the world average in 2022 based on 123 countries is 24.61 percent. 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 values chart
Madagascar - Savings, percent of GDP - Recent values chart

Historical chart
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.

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 Related indicators Latest value Reference Measure
 Share of industry 21.74 2022 percent
 Share of manufacturing 9.50 2021 percent
 Share of services 47.08 2022 percent
 Industry value added 3.33 2022 billion U.S. dollars
 Manufacturing value added 1.38 2021 billion U.S. dollars
 Services value added 7.20 2022 billion U.S. dollars
 Savings, percent of GDP 15.22 2022 percent
 Savings, in dollars 2.33 2022 billion U.S. dollars
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