Madagascar Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Madagascar's services value added was 46.97% in 2025, ranked 154th globally. This represents a 1.6% decrease from 2024. Data from World Bank, covering 1966–2025.
Overview
Madagascar's services value added stood at 46.97% in 2025, a decline of +0.74% from 2024. Based on recent trends, this figure is projected to reach 46.97% by 2025. Madagascar ranked 154th globally.
Madagascar’s services sector contributed 46.97 % of GDP in 2025, placing the island nation at 154th in the World Bank rankings and slightly below peers such as Rwanda (46.79 %) and Uzbekistan (47.00 %). The indicator has fallen steadily from its all‑time peak of 55.14 % in 1966, the year the country recorded its highest services value added, to a low of 43.58 % in 1995, after which modest recovery has kept the share above the trough for three decades. Over the 45‑year coverage period, the downward trajectory reflects structural constraints in tourism, finance and informatics, while limited diversification has prevented a return to the 1960s level. Recent policy efforts to expand digital services and improve transport infrastructure have helped lift the share to just under 47 % in 2025. Continued investment in high‑growth service sub‑sectors and better integration into regional value chains could further reverse the long‑term decline.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 45.67% | - | - |
| 2026* trend | 46.32% | - | - |
| 2025* trend | 46.97% | - | - |
| 2025 | 46.97% | −0.74% | #154 |
| 2024 | 47.72% | −0.74% | #41 |
| 2023 | 48.46% | +0.02% | #51 |
| 2022 | 48.44% | −1.17% | #56 |
| 2021 | 49.61% | −0.79% | #56 |
| 2020 | 50.39% | +0.59% | #49 |
| 2019 | 49.80% | +1.06% | #49 |
| 2018 | 48.74% | −2.31% | #46 |
| 2017 | 51.05% | +0.04% | #57 |
| 2016 | 51.01% | +0.24% | #58 |
| 2015 | 50.77% | −0.04% | #54 |
| 2014 | 50.81% | −0.69% | #66 |
| 2013 | 51.50% | +0.55% | #73 |
| 2012 | 50.95% | +1.82% | #72 |
| 2011 | 49.13% | +0.38% | #69 |
Detected Pattern
Analysis
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Madagascar's services value added was 46.97% in 2025. Ranked 154th globally. This represents a 1.6% decrease from the previous year.
Madagascar's services value added peaked at 55.14% in 1966.
The lowest services value added in Madagascar was 43.58% in 1995.
Madagascar ranks 154th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Madagascar's services value added is projected to reach 46.97% by 2025 based on trend extrapolation.
The services value added of Madagascar in 2025 was 46.97%. This ranks 154th in the world.
Cite this page
@misc{historysaid_madagascar_services-value-added,
title = {Madagascar Services Value Added},
url = {https://historysaid.com/madagascar/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}