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Madagascar GNI per Capita

GNI divided by midyear population  NY.GNP.PCAP.CD

Madagascar's gni per capita was $536 in 2025, ranked 197th globally. This represents a 5.1% increase from 2024. Data from World Bank, covering 1962–2025.

$536 +$26 (+5.1%)
Year 2025 Rank #197 Global Peak $536 (2025) Source World Bank

Madagascar GNI per Capita (1962–2025)

Overview

Madagascar's gni per capita stood at $536 in 2025, a rise of +$26 from 2024. Based on recent trends, this figure is projected to reach $536 by 2025. Madagascar ranked 197th globally.

Madagascar’s gross national income per capita has risen modestly over the 64‑year series, moving from a trough of 130.00 in 1963 to an all‑time peak of 536.00 in 2025, placing the country at rank 197 globally. The increase represents a cumulative gain of 406.00, yet the level remains well below regional peers such as the Central African Republic at 530.00 and Mozambique at 569.00, highlighting persistent low income relative to neighboring economies. The upward trajectory reflects gradual improvements in agricultural productivity and modest expansion of services, but growth has been uneven, with periods of stagnation during the 1990s and early 2000s when external shocks and political instability constrained earnings. Despite the recent high, Madagascar’s per‑capita GNI remains among the world’s lowest, suggesting that sustained investment in human capital, infrastructure and diversification will be crucial to accelerate future gains and narrow the gap with its peers.

Data & projection

Year GNI per Capita YoY change Rank
2027* trend $568 - -
2026* trend $552 - -
2025* trend $536 - -
2025 $536 +$26 #197
2024 $510 +$0 #188
2023 $510 +$10 #196
2022 $500 +$30 #197
2021 $470 +$20 #198
2020 $450 −$50 #199
2019 $500 +$20 #198
2018 $480 +$30 #196
2017 $450 +$0 #197
2016 $450 −$20 #196
2015 $470 −$30 #196
2014 $500 +$10 #195
2013 $490 +$20 #194
2012 $470 +$10 #195
2011 $460 +$10 #196
Show all years (1962-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +42.3% GDP growth 4.0% C/A balance 0.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gni per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Madagascar's gni per capita?▾

Madagascar's gni per capita was $536 in 2025. Ranked 197th globally. This represents a 5.1% increase from the previous year.

What was the highest gni per capita in Madagascar?▾

Madagascar's gni per capita peaked at $536 in 2025.

What was the lowest gni per capita in Madagascar?▾

The lowest gni per capita in Madagascar was $130 in 1962.

How does Madagascar rank in gni per capita?▾

Madagascar ranks 197th globally in gni per capita as of 2025.

What is the World Bank indicator code for gni per capita?▾

The World Bank indicator code is NY.GNP.PCAP.CD. Data sourced from World Bank.

What is the projected gni per capita of Madagascar in 2025?▾

Madagascar's gni per capita is projected to reach $536 by 2025 based on trend extrapolation.

What is the gni per capita of Madagascar in 2025?▾

The gni per capita of Madagascar in 2025 was $536. This ranks 197th in the world.

Cite this page

APA
Madagascar GNI per Capita. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/madagascar/gni-per-capita/
BibTeX
@misc{historysaid_madagascar_gni-per-capita, title = {Madagascar GNI per Capita}, url = {https://historysaid.com/madagascar/gni-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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