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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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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Other resources:

All indicators for Madagascar

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Economic growth 3.00 2025 percent
 GDP, constant dollars 14.9 2025 billion U.S. dollars
 GDP, current U.S. dollars 19.62 2025 billion U.S. dollars
 GDP per capita, current dollars 599.27 2025 U.S. dollars
 GDP per capita, PPP 1,668 2025 U.S. dollars
 GDP per capita, constant dollars 456.51 2025 U.S. dollars
 Economic growth, quarterly 1.21 Q2/2022 percent
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