Madagascar: Economic growth, quarterly
* indicates monthly or quarterly data series
The latest data from Q2 2022 show economic growth of 1.21 percent,
which is a decrease from the rate of growth of 12.09 percent in the previous quarter and
a decrease compared to the growth rate of 16.24 percent in the same quarter last year.
The economic growth time series for Madagascar cover the period from Q1 2008 to Q2 2022.
During that time span, the average growth rate for Madagascar was
2.52 percent. The lowest rate of growth of -15.91 percent was recorded in Q1 2021 while the highest growth rate was 16.24 percent in Q2 2021.
See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Institute of Statistics of Madagascar
| Recent values | Madagascar: Economic growth, percent change in quarterly real GDP |
|---|---|
| 2022 Q2 | 1.21 |
| 2022 Q1 | 12.09 |
| 2021 Q4 | 14.34 |
| 2021 Q3 | 11.14 |
| 2021 Q2 | 16.24 |
| 2021 Q1 | -15.91 |
| 2020 Q4 | -14.2 |
| 2020 Q3 | -10.4 |
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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 3.99 | 2023 | percent |
| GDP, constant dollars | 14.0 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 16.03 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 528.65 | 2023 | U.S. dollars |
| GDP per capita, PPP | 1,690 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 460.83 | 2023 | U.S. dollars |
| Economic growth, quarterly | 1.21 | Q2/2022 | percent |