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Madagascar Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Madagascar's income share top 10% was 29.60% in 2021, ranked 56th globally. This represents a 11.6% decrease from 2020. Data from World Bank, covering 1980–2021.

29.60% −3.90pp (-11.6%)
Year 2021 Rank #56 Global Peak 37.00% (1980) Source World Bank

Madagascar Income Share Top 10% (1980–2021)

Overview

Madagascar's income share top 10% stood at 29.60% in 2021, a decline of +3.90pp from 2012. Madagascar ranked 56th globally.

Madagascar’s share of income accruing to the top 10 percent of earners fell from the all‑time peak of 37.00 % recorded in 1993 to an all‑time trough of 28.90 % in 1999, before rising again to 29.60 % in 2021, placing the island nation at 56th in the world ranking. The 2021 figure matches the shares observed in peer economies such as Jamaica and Togo, both also reporting 29.60 %, and is only marginally below the United States’ 29.70 % share. Over the nine‑year coverage period the top decile’s income share has shown modest volatility, reflecting structural shifts in agriculture, mining and services that have alternately expanded and contracted the earnings of high‑income households. The decline from the 1990s peak suggests that redistribution mechanisms and modest growth in lower‑income sectors have limited elite capture, yet the recent rebound indicates that rising commodity prices and foreign investment may be re‑concentrating income. Continued diversification and stronger tax administration could temper the upward pressure on the top‑10 % share, steering Madagascar toward a more equitable distribution trajectory.

Data & projection

Year Income Share Top 10% YoY change Rank
2021 29.60% −3.90pp #56
2012 33.50% −0.80pp #75
2010 34.30% +1.90pp #71
2005 32.40% −4.20pp #54
2001 36.60% +7.70pp #33
1999 28.90% −1.20pp #21
1997 30.10% −6.90pp #21
1993 37.00% +0.00pp #27
1980 37.00% – #6

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 income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Madagascar's income share top 10%?▾

Madagascar's income share top 10% was 29.60% in 2021. Ranked 56th globally. This represents a 11.6% decrease from the previous year.

What was the highest income share top 10% in Madagascar?▾

Madagascar's income share top 10% peaked at 37.00% in 1980.

What was the lowest income share top 10% in Madagascar?▾

The lowest income share top 10% in Madagascar was 28.90% in 1999.

How does Madagascar rank in income share top 10%?▾

Madagascar ranks 56th globally in income share top 10% as of 2021.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the income share top 10% of Madagascar in 2021?▾

The income share top 10% of Madagascar in 2021 was 29.60%. This ranks 56th in the world.

Cite this page

APA
Madagascar Income Share Top 10%. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/madagascar/income-top-10/
BibTeX
@misc{historysaid_madagascar_income-top-10, title = {Madagascar Income Share Top 10%}, url = {https://historysaid.com/madagascar/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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