Madagascar GDP per Capita PPP
GDP per capita based on PPP NY.GDP.PCAP.PP.CD
Madagascar's gdp per capita ppp was $2,040 in 2025, ranked 178th globally. This represents a 8.3% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Madagascar's gdp per capita ppp stood at $2,040 in 2025, a rise of +$156 from 2024. The IMF projects $2,040 by 2025. Madagascar ranked 178th globally.
Madagascar's GDP per Capita PPP has demonstrated a moderate growth trajectory since 1980, with its all-time peak of $2,039.72 in 2025, surpassing the trough of $911.33 in 1981. Although the country's performance is still below that of its peer nations such as Niger, with a GDP per Capita PPP of $2,095.24, and Sudan, at $2,418.62, Madagascar's progress has been consistent, with its GDP per Capita PPP increasing by 116.47% since 1980. The country's improved economic standing can be attributed to its gradual economic reform efforts, which have led to increased foreign investment and a more stable business environment. However, the COVID-19 pandemic and other global economic challenges have impacted Madagascar's economic growth, necessitating prudent policy measures to maintain its current trajectory. Continued investment in human capital, infrastructure development, and diversification of the economy will be crucial in sustaining Madagascar's economic growth and potentially moving it closer to the GDP per Capita PPP of its peer nations in the coming years.
Data & projection
| Year | GDP per Capita PPP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | $2,455 | - | - |
| 2029* IMF | $2,359 | - | - |
| 2028* IMF | $2,269 | - | - |
| 2027* IMF | $2,187 | - | - |
| 2026* IMF | $2,108 | - | - |
| 2025* IMF | $2,040 | - | - |
| 2025 | $2,040 | +$156 | #178 |
| 2024 | $1,884 | −$13 | #189 |
| 2023 | $1,808 | +$4 | #192 |
| 2022 | $1,717 | +$55 | #195 |
| 2021 | $1,577 | −$1 | #195 |
| 2020 | $1,490 | −$225 | #196 |
| 2019 | $1,612 | −$44 | #195 |
| 2018 | $1,547 | −$115 | #196 |
| 2017 | $1,547 | −$71 | #196 |
| 2016 | $1,562 | −$26 | #193 |
| 2015 | $1,497 | −$75 | #193 |
| 2014 | $1,499 | −$40 | #193 |
| 2013 | $1,473 | −$51 | #194 |
| 2012 | $1,464 | −$33 | #192 |
| 2011 | $1,475 | −$11 | #193 |
Detected Pattern
Analysis
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita ppp improve within 24 months. View full analysis →
Frequently Asked Questions
Madagascar's gdp per capita ppp was $2,040 in 2025. Ranked 178th globally. This represents a 8.3% increase from the previous year.
Madagascar's gdp per capita ppp peaked at $2,040 in 2025.
The lowest gdp per capita ppp in Madagascar was $911 in 1981.
Madagascar ranks 178th globally in gdp per capita ppp as of 2025.
The World Bank indicator code is NY.GDP.PCAP.PP.CD. Data sourced from World Bank.
Madagascar's gdp per capita ppp is projected to reach $2,040 by 2025 based on IMF projection.
The gdp per capita ppp of Madagascar in 2025 was $2,040. This ranks 178th in the world.
Cite this page
@misc{historysaid_madagascar_gdp-per-capita-ppp,
title = {Madagascar GDP per Capita PPP},
url = {https://historysaid.com/madagascar/gdp-per-capita-ppp/},
publisher = {HistorySaid},
year = {2026}
}