IvanStat

Total Value Added in Madagascar

Value added of Madagascar, 1970-2015

During 1970-2015 value added of Madagascar in current prices rose by 8.3 billion US dollars (in 10.8 times) to 9.2 billion US dollars; change occurred by 2.3 billion US dollars by increasing of people by 17.7 million, as well as by 6.0 billion US dollars by increasing of value added per capita by 249.5 US dollars. The average annual growth of value added of Madagascar was 0.19 billion US dollars or 5.4%. The average annual growth of value added of Madagascar in constant prices was 1.6%. Share in the world decreased by 0.013%. Share in Africa fell by 0.41%. Minimal value added was in 1970 (0.85 billion US dollars). Maximal value added was in 2014 (10.1 billion US dollars).

During 1970-2015 value added per capita in Madagascar grew by 249.5 US dollars (in 2.9 times) to 379.3 US dollars. The average annual growth of value added per capita in current prices was 5.5 US dollars or 2.4%.

Change of value added of Madagascar described by linear regression model: y=0.17x-340.1, where y - estimated value of value added of Madagascar, x - year. Correlation rate = 0.882. Determination rate = 0.778.

Value added of Madagascar, 1970

Value added of Madagascar in 1970 was 0.85 billion US dollars, ranked 96th in the world and was on par with value added of Senegal (0.85 bln. US dollars), value added of Trinidad and Tobago (0.83 bln. US dollars), value added of Guinea (0.83 bln. US dollars), value added of Honduras (0.82 bln. US dollars). Share of Madagascar in the world value added was 0.026%.

Value added per capita in Madagascar in 1970 was worth 129.7 US dollars, ranked 158th in the world and was on par with value added per capita in Togo (129.0 US dollars). Value added per capita in Madagascar was less than value added per capita in the World (889.0 US dollars) by 759.2 US dollars.

Comparison of value added in Madagascar and the neighbors in 1970. Value added of Madagascar was greater than value added of Mauritius (0.2 billion US dollars), value added of Comoros (0.0 billion US dollars), value added of Seychelles (0.0 billion US dollars). Value added per capita in Madagascar was greater than value added per capita in Comoros (86.0 US dollars), but was less than value added per capita in Seychelles (358.6 US dollars), value added per capita in Mauritius (198.5 US dollars).

Comparison of value added in Madagascar and leaders in 1970. Value added of Madagascar was less than value added of the United States (1 064.0 billion US dollars) in 1 251.0 times, value added of Japan (203.7 billion US dollars) in 239.5 times, value added of Germany (196.6 billion US dollars) in 231.1 times, value added of the United Kingdom (114.2 billion US dollars) in 134.2 times, value added of China (92.6 billion US dollars) in 108.9 times. Value added per capita in Madagascar was greater than value added per capita in China (114.7 US dollars) by 13.2%, but was less than value added per capita in the United States (5 079.3 US dollars) in 39.1 times, value added per capita in Germany (2 508.6 US dollars) in 19.3 times, value added per capita in the United Kingdom (2 052.8 US dollars) in 15.8 times, value added per capita in Japan (1 964.9 US dollars) in 15.1 times.

Potential value added of Madagascar in 1970. With value added per capita at the level of the United States (5 079.3 US dollars), value added of Madagascar would be 33.3 billion US dollars, it is in 39.1 times more than the actual level. With value added per capita at the level of the World (889.0 US dollars), value added of Madagascar would be 5.8 billion US dollars, it is in 6.9 times more than the actual level. With value added per capita at the level of Seychelles (358.6 US dollars), as the best neighbor, value added of Madagascar would be 2.4 billion US dollars, it is in 2.8 times more than the actual level. With value added per capita at the level of Africa (281.3 US dollars), value added of Madagascar would be 1.8 billion US dollars, it is in 2.2 times more than the actual level. With value added per capita at the level of Eastern Africa (163.6 US dollars), value added of Madagascar would be 1.1 billion US dollars, it is by 26.1% more than the actual level.

Value added of Madagascar, 2015

Value added of Madagascar in 2015 was equal to 9.2 billion US dollars, ranked 138th in the world and was on par with value added of Chad (9.8 bln. US dollars), value added of Armenia (9.6 bln. US dollars), value added of Haiti (9.0 bln. US dollars), value added of Bahamas (8.8 bln. US dollars). Share of Madagascar in the world value added was 0.013%.

Value added per capita in Madagascar in 2015 was worth 379.3 US dollars, ranked 206th in the world. Value added per capita in Madagascar was less than value added per capita in the World (9 616.5 US dollars) by 9 237.2 US dollars.

Comparison of value added in Madagascar and the neighbors in 2015. Value added of Madagascar was greater than value added of Seychelles (1.2 billion US dollars), value added of Comoros (0.6 billion US dollars), but was less than value added of Mauritius (10.2 billion US dollars). Value added per capita in Madagascar was less than value added per capita in Seychelles (12 010.2 US dollars), value added per capita in Mauritius (8 002.7 US dollars), value added per capita in Comoros (707.0 US dollars).

Comparison of value added in Madagascar and leaders in 2015. Value added of Madagascar was less than value added of the United States (18 036.7 billion US dollars) in 1 963.0 times, value added of China (11 007.7 billion US dollars) in 1 198.0 times, value added of Japan (4 351.5 billion US dollars) in 473.6 times, value added of Germany (3 027.4 billion US dollars) in 329.5 times, value added of the United Kingdom (2 545.5 billion US dollars) in 277.0 times. Value added per capita in Madagascar was less than value added per capita in the United States (56 054.2 US dollars) in 147.8 times, value added per capita in the United Kingdom (39 333.5 US dollars) in 103.7 times, value added per capita in Germany (37 519.1 US dollars) in 98.9 times, value added per capita in Japan (34 379.5 US dollars) in 90.6 times, value added per capita in China (7 999.5 US dollars) in 21.1 times.

Potential value added of Madagascar in 2015. With value added per capita at the level of the United States (56 054.2 US dollars), value added of Madagascar would be 1 357.9 billion US dollars, it is in 147.8 times more than the actual level. With value added per capita at the level of Seychelles (12 010.2 US dollars), as the best neighbor, value added of Madagascar would be 291.0 billion US dollars, it is in 31.7 times more than the actual level. With value added per capita at the level of the World (9 616.5 US dollars), value added of Madagascar would be 233.0 billion US dollars, it is in 25.4 times more than the actual level. With value added per capita at the level of Africa (1 845.1 US dollars), value added of Madagascar would be 44.7 billion US dollars, it is in 4.9 times more than the actual level. With value added per capita at the level of Eastern Africa (727.2 US dollars), value added of Madagascar would be 17.6 billion US dollars, it is by 91.7% more than the actual level.

Size of value added in Madagascar

Total Value Added in Madagascar, bln. US dollars
Prices197019801990200020102015
current prices0.853.12.93.58.19.2
constant prices19700.850.941.01.21.61.8
20052.93.23.44.25.36.0
Picture. Madagascar: value added

value added in Madagascar and its neighbors, bln. $
Country197019801990200020102015
Mauritius0.161.02.34.18.610.2
Madagascar0.853.12.93.58.19.2
Seychelles0.0190.150.340.630.821.2
Comoros0.0200.120.250.210.540.56

value added in Madagascar and leaders, bln. $
Country197019801990200020102015
United States1 064.02 853.85 977.010 284.614 964.118 036.7
China92.6306.2394.61 211.36 100.611 007.7
Japan203.71 097.83 071.14 869.55 654.44 351.5
Germany196.6866.81 609.51 759.03 074.93 027.4
United Kingdom114.2501.7923.11 465.12 185.82 545.5
Madagascar0.853.12.93.58.19.2

Growth of value added in Madagascar

Picture. Madagascar: value added, growth Picture. Madagascar: value added, growth

value added per capita in Madagascar

Picture. Madagascar: value added per capita Picture. Madagascar: value added per capita

value added per capita in Madagascar and its neighbors, $
Country197019801990200020102015
Seychelles358.62 249.44 882.97 764.88 833.112 010.2
Mauritius198.51 070.72 154.63 450.16 903.18 002.7
Comoros86.0400.0601.3381.3779.5707.0
Madagascar129.7354.0247.6225.1386.2379.3

value added per capita in Madagascar and leaders, $
Country197019801990200020102015
United States5 079.312 430.123 638.536 354.248 290.356 054.2
United Kingdom2 052.88 924.616 163.024 889.034 853.139 333.5
Germany2 508.611 090.420 383.821 478.638 228.837 519.1
Japan1 964.99 470.725 121.938 734.644 411.134 379.5
China114.7312.8341.5954.24 549.67 999.5
Madagascar129.7354.0247.6225.1386.2379.3

Structure of value added in Madagascar

Madagascar: structure of economy
Yearagricultureindustryconstructiontradetransportsservices
197031.218.21.38.714.026.6
198038.017.71.37.512.123.4
199031.813.20.8312.019.322.8
200028.914.11.811.819.224.2
201027.615.73.810.920.821.2
201524.915.33.210.625.121.0
Picture. Madagascar: structure of economy by sectors, 2015, %

© Ivan Kushnir

Special offer

17 research books with $500 discount. All main macroeconomic indicators in the world, all regions and all countries from 1970 to 2015.

$2900