Madagascar Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Madagascar's industry value added was 24.36% in 2025, ranked 97th globally. This represents a 6.9% increase from 2024. Data from World Bank, covering 2007–2025.
Overview
Madagascar's industry value added stood at 24.36% in 2025, a rise of +1.57% from 2024. Based on recent trends, this figure is projected to reach 24.36% by 2025. Madagascar ranked 97th globally.
Madagascar’s industry value added reached 24.36 % of GDP in 2025, placing the island nation 97th in the World Bank rankings and marking an all‑time high that matches the series’ peak. This figure follows a gradual ascent from the earliest recorded 18.91 % in 2007, after the sector’s low point of 17.28 % in 2012, suggesting a steady structural shift toward manufacturing and processing activities over the past two decades. The 2025 level is comparable to those of North Macedonia (24.51 %) and Tunisia (24.34 %), indicating that Madagascar is closing the gap with middle‑income economies that have diversified industrial bases. The 19‑year coverage shows a consistent upward trajectory, driven by modest foreign direct investment and government incentives for agro‑industrial development. Continued improvement will likely depend on expanding infrastructure, enhancing workforce skills, and deepening integration into regional value chains, which could sustain or accelerate the current positive trend.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 25.83% | - | - |
| 2026* trend | 25.09% | - | - |
| 2025* trend | 24.36% | - | - |
| 2025 | 24.36% | +1.57% | #97 |
| 2024 | 22.79% | −0.15% | #76 |
| 2023 | 22.94% | −0.42% | #82 |
| 2022 | 23.36% | +1.11% | #91 |
| 2021 | 22.25% | +2.78% | #88 |
| 2020 | 19.47% | −2.98% | #67 |
| 2019 | 22.45% | +0.96% | #92 |
| 2018 | 21.48% | +1.37% | #86 |
| 2017 | 20.11% | +0.70% | #78 |
| 2016 | 19.41% | +0.46% | #72 |
| 2015 | 18.95% | −0.30% | #66 |
| 2014 | 19.25% | +1.34% | #64 |
| 2013 | 17.91% | +0.63% | #53 |
| 2012 | 17.28% | −0.58% | #48 |
| 2011 | 17.85% | −0.15% | #48 |
Detected Pattern
Analysis
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw industry value added improve within 24 months. View full analysis →
Frequently Asked Questions
Madagascar's industry value added was 24.36% in 2025. Ranked 97th globally. This represents a 6.9% increase from the previous year.
Madagascar's industry value added peaked at 24.36% in 2025.
The lowest industry value added in Madagascar was 17.28% in 2012.
Madagascar ranks 97th globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Madagascar's industry value added is projected to reach 24.36% by 2025 based on trend extrapolation.
The industry value added of Madagascar in 2025 was 24.36%. This ranks 97th in the world.
Cite this page
@misc{historysaid_madagascar_industry-value-added,
title = {Madagascar Industry Value Added},
url = {https://historysaid.com/madagascar/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}