Madagascar: Manufacturing value added

* indicates monthly or quarterly data series
 Madagascar

Manufacturing value added, billion USD

 Latest value 1.38
 Year 2021
 Measure billion U.S. dollars
 Data availability 2007 - 2021
 Average 1.10
 Min - Max 0.78 - 1.42
 Source The World Bank
The latest value from 2021 is 1.38 billion U.S. dollars, an increase from 1.27 billion U.S. dollars in 2020. In comparison, the world average is 89.85 billion U.S. dollars, based on data from 171 countries. Historically, the average for Madagascar from 2007 to 2021 is 1.1 billion U.S. dollars. The minimum value, 0.78 billion U.S. dollars, was reached in 2007 while the maximum of 1.42 billion U.S. dollars was recorded in 2019. 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 - Manufacturing value added - Recent values chart

Historical series
Madagascar - Manufacturing value added - historical chart - 2007-2021




Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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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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