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Household consumption expenditure in Madagascar

Household expenditure of Madagascar, 1970-2015

During 1970-2015 household expenditure of Madagascar in current prices grew by 7.8 billion US dollars (in 13.9 times) to 8.4 billion US dollars; change occurred by 1.6 billion US dollars by increasing of people by 17.7 million, as well as by 6.1 billion US dollars by increasing of household expenditure per capita by 253.5 US dollars. The average annual growth of household expenditure of Madagascar was 0.17 billion US dollars or 6.0%. The average annual growth of household expenditure of Madagascar in constant prices was 1.2%. Share in the world declined by 0.011%. Share in Africa fell by 0.43%. Minimal household expenditure was in 1970 (0.60 billion US dollars). Maximal household expenditure was in 2013 (9.4 billion US dollars).

During 1970-2015 household expenditure per capita in Madagascar rose by 253.5 US dollars (in 3.8 times) to 345.3 US dollars. The average annual growth of household expenditure per capita in current prices was 5.6 US dollars or 3.0%.

Change of household expenditure of Madagascar described by linear regression model: y=0.17x-325.9, where y - estimated value of household expenditure of Madagascar, x - year. Correlation rate = 0.897. Determination rate = 0.804.

Household expenditure of Madagascar, 1970

Household expenditure of Madagascar in 1970 was worth 0.60 billion US dollars, ranked 97th in the world and was on par with household expenditure of Honduras (0.60 bln. US dollars). Share of Madagascar in the world household expenditure was 0.031%.

Household expenditure per capita in Madagascar in 1970 was 91.8 US dollars, ranked 157th in the world and was on par with household expenditure per capita in Togo (95.7 US dollars), household expenditure per capita in Uganda (94.8 US dollars), household expenditure per capita in Bangladesh (93.5 US dollars), household expenditure per capita in Liberia (92.1 US dollars), household expenditure per capita in Mongolia (89.2 US dollars), household expenditure per capita in Yemen (88.9 US dollars), household expenditure per capita in India (85.6 US dollars). Household expenditure per capita in Madagascar was less than household expenditure per capita in the World (531.2 US dollars) by 439.3 US dollars.

Comparison of household expenditure in Madagascar and the neighbors in 1970. Household expenditure of Madagascar was greater than household expenditure of Mauritius (0.1 billion US dollars), household expenditure of Comoros (0.0 billion US dollars), household expenditure of Seychelles (0.0 billion US dollars). Household expenditure per capita in Madagascar was greater than household expenditure per capita in Comoros (67.9 US dollars), but was less than household expenditure per capita in Mauritius (161.1 US dollars), household expenditure per capita in Seychelles (135.5 US dollars).

Comparison of household expenditure in Madagascar and leaders in 1970. Household expenditure of Madagascar was less than household expenditure of the United States (647.7 billion US dollars) in 1 075.8 times, household expenditure of Germany (120.2 billion US dollars) in 199.7 times, household expenditure of Japan (99.6 billion US dollars) in 165.4 times, household expenditure of the United Kingdom (86.2 billion US dollars) in 143.2 times, household expenditure of China (49.0 billion US dollars) in 81.4 times. Household expenditure per capita in Madagascar was greater than household expenditure per capita in China (60.7 US dollars) by 51.3%, but was less than household expenditure per capita in the United States (3 091.9 US dollars) in 33.7 times, household expenditure per capita in the United Kingdom (1 550.2 US dollars) in 16.9 times, household expenditure per capita in Germany (1 534.5 US dollars) in 16.7 times, household expenditure per capita in Japan (960.6 US dollars) in 10.5 times.

Potential household expenditure of Madagascar in 1970. With household expenditure per capita at the level of the United States (3 091.9 US dollars), household expenditure of Madagascar would be 20.3 billion US dollars, it is in 33.7 times more than the actual level. With household expenditure per capita at the level of the World (531.2 US dollars), household expenditure of Madagascar would be 3.5 billion US dollars, it is in 5.8 times more than the actual level. With household expenditure per capita at the level of Africa (169.9 US dollars), household expenditure of Madagascar would be 1.1 billion US dollars, it is by 85% more than the actual level. With household expenditure per capita at the level of Mauritius (161.1 US dollars), as the best neighbor, household expenditure of Madagascar would be 1.1 billion US dollars, it is by 75.4% more than the actual level. With household expenditure per capita at the level of Eastern Africa (123.5 US dollars), household expenditure of Madagascar would be 0.81 billion US dollars, it is by 34.5% more than the actual level.

Household expenditure of Madagascar, 2015

Household expenditure of Madagascar in 2015 was worth 8.4 billion US dollars, ranked 125th in the world and was on par with household expenditure of Albania (8.9 bln. US dollars), household expenditure of Mauritius (8.5 bln. US dollars), household expenditure of Iceland (8.3 bln. US dollars), household expenditure of Armenia (8.2 bln. US dollars), household expenditure of Guinea (8.0 bln. US dollars). Share of Madagascar in the world household expenditure was 0.020%.

Household expenditure per capita in Madagascar in 2015 was worth 345.3 US dollars, ranked 203rd in the world and was on par with household expenditure per capita in Mozambique (356.7 US dollars), household expenditure per capita in D.R. of the Congo (344.2 US dollars), household expenditure per capita in Burkina Faso (340.7 US dollars). Household expenditure per capita in Madagascar was less than household expenditure per capita in the World (5 813.3 US dollars) by 5 468.0 US dollars.

Comparison of household expenditure in Madagascar and the neighbors in 2015. Household expenditure of Madagascar was greater than household expenditure of Seychelles (0.6 billion US dollars), household expenditure of Comoros (0.6 billion US dollars), but was less than household expenditure of Mauritius (8.5 billion US dollars). Household expenditure per capita in Madagascar was less than household expenditure per capita in Mauritius (6 705.4 US dollars), household expenditure per capita in Seychelles (6 690.5 US dollars), household expenditure per capita in Comoros (731.1 US dollars).

Comparison of household expenditure in Madagascar and leaders in 2015. Household expenditure of Madagascar was less than household expenditure of the United States (12 283.7 billion US dollars) in 1 468.4 times, household expenditure of China (4 251.4 billion US dollars) in 508.2 times, household expenditure of Japan (2 479.1 billion US dollars) in 296.4 times, household expenditure of the United Kingdom (1 857.7 billion US dollars) in 222.1 times, household expenditure of Germany (1 814.4 billion US dollars) in 216.9 times. Household expenditure per capita in Madagascar was less than household expenditure per capita in the United States (38 175.0 US dollars) in 110.6 times, household expenditure per capita in the United Kingdom (28 704.8 US dollars) in 83.1 times, household expenditure per capita in Germany (22 486.4 US dollars) in 65.1 times, household expenditure per capita in Japan (19 586.5 US dollars) in 56.7 times, household expenditure per capita in China (3 089.6 US dollars) in 8.9 times.

Potential household expenditure of Madagascar in 2015. With household expenditure per capita at the level of the United States (38 175.0 US dollars), household expenditure of Madagascar would be 924.8 billion US dollars, it is in 110.6 times more than the actual level. With household expenditure per capita at the level of Mauritius (6 705.4 US dollars), as the best neighbor, household expenditure of Madagascar would be 162.4 billion US dollars, it is in 19.4 times more than the actual level. With household expenditure per capita at the level of the World (5 813.3 US dollars), household expenditure of Madagascar would be 140.8 billion US dollars, it is in 16.8 times more than the actual level. With household expenditure per capita at the level of Africa (1 306.0 US dollars), household expenditure of Madagascar would be 31.6 billion US dollars, it is in 3.8 times more than the actual level. With household expenditure per capita at the level of Eastern Africa (564.7 US dollars), household expenditure of Madagascar would be 13.7 billion US dollars, it is by 63.5% more than the actual level.

Size of household expenditure in Madagascar

Household consumption expenditure in Madagascar, bln. US dollars
Prices197019801990200020102015
current prices0.602.52.63.27.68.4
constant prices19700.600.630.610.750.941.0
20053.13.23.13.84.85.3
Picture. Madagascar: household expenditure

household expenditure in Madagascar and its neighbors, bln. $
Country197019801990200020102015
Mauritius0.130.861.72.87.28.5
Madagascar0.602.52.63.27.68.4
Seychelles0.00710.0670.160.250.490.65
Comoros0.0150.0980.190.190.530.58

household expenditure in Madagascar and leaders, bln. $
Country197019801990200020102015
United States647.71 754.63 825.76 792.410 202.212 283.7
China49.0156.0197.3567.62 157.34 251.4
Japan99.6582.91 620.02 659.43 291.82 479.1
United Kingdom86.2363.0716.81 087.51 584.51 857.7
Germany120.2560.71 000.51 114.31 915.51 814.4
Madagascar0.602.52.63.27.68.4

Growth of household expenditure in Madagascar

Picture. Madagascar: household expenditure, growth Picture. Madagascar: household expenditure, growth

household expenditure per capita in Madagascar

Picture. Madagascar: household expenditure per capita Picture. Madagascar: household expenditure per capita

household expenditure per capita in Madagascar and its neighbors, $
Country197019801990200020102015
Mauritius161.1891.81 596.42 356.75 734.26 705.4
Seychelles135.51 014.22 247.63 083.15 249.26 690.5
Comoros67.9316.9468.0349.6762.4731.1
Madagascar91.8284.5229.7205.5358.8345.3

household expenditure per capita in Madagascar and leaders, $
Country197019801990200020102015
United States3 091.97 642.415 130.424 010.032 923.138 175.0
United Kingdom1 550.26 456.912 551.218 474.625 264.028 704.8
Germany1 534.57 173.812 671.313 605.823 814.222 486.4
Japan960.65 028.913 251.921 154.125 854.919 586.5
China60.7159.4170.7447.11 608.83 089.6
Madagascar91.8284.5229.7205.5358.8345.3

© Ivan Kushnir

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