Economy · GDP per capita · Madagascar
Madagascar’s GDP per capita rose to $599.3 in 2025.
$599.3
2025
Up $48.9 from 2024.
Updated 8 Oct 2026
In plain words
$599.3
What it is. GDP per capita takes the value of everything produced inside Madagascar in a year and divides it by the number of residents. It is measured at current prices and converted into US dollars, so price changes and the exchange rate move the figure as well as real output. Because it is an average over every resident, the gap between the best-off and the worst-off sits behind the single number.
Higher is better. A higher figure means more output for each person to share, which leaves more room for household incomes, public services and investment. The latest figure, for 2025, is $599.3, up from $550.4 a year earlier, a rise of 8.9%. Since 2016 the lowest level was $450.8 in 2020, and the 2025 figure is the highest in that span.
Why it matters. At $599.3 per person for the year, the average resident has little income to spend on food, schooling and health, and the state has a narrow base to tax for roads and clinics. The rise from $550.4 gives households and firms somewhat more to work with. The next annual figure will show whether output keeps growing faster than prices and the exchange rate erode its dollar value.
| Period | GDP per capita · Madagascar |
|---|---|
| 2016 | $454 |
| 2017 | $491.9 |
| 2018 | $500.5 |
| 2019 | $499.8 |
| 2020 | $450.8 |
| 2021 | $483.5 |
| 2022 | $504.1 |
| 2023 | $514.1 |
| 2024 | $550.4 |
| 2025 | $599.3 |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, GDP per capita, Madagascar, 2025; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/gdp-per-capita/madagascar
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
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Methodology
Gross domestic product per person at current US dollars. Unit: USD.
Source: World Bank, World Development Indicators (series NY.GDP.PCAP.CD), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.