Manufacturing share of GDP — all countries

Manufacturing share of GDP — Madagascar

Manufacturing share of GDP in Madagascar in 2024 — 13.1%. Ranked 59 in the world out of 178. Since 2007, the indicator has risen by 4 pp.

2024 13.1% +0.1 pp vs 2023
World rank 59of 178
Period maximum 13.1%2024
Period minimum 8.5%2015

Trend over time

2007–2024 · % of GDP

Manufacturing share of GDP — Madagascar, 2007–2024810121420072009201120132015201720192021202320242007: 9.2%2008: 9.7%2009: 9.2%2010: 9%2011: 8.7%2012: 8.7%2013: 8.6%2014: 9%2015: 8.5%2016: 10.2%2017: 9.2%2018: 9.4%2019: 10.1%2020: 9.7%2021: 11.4%2022: 12.1%2023: 13%2024: 13.1%
Change over the period: +4 pp Annual average: 0.23 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Madagascar

Madagascar 13.1%
World 14.9%
Eastern Africa computed 8.5%
Low-income countries computed 8.6%
Manufacturing share of GDP — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2024 13.1 +0.1 pp
2023 13 +0.9 pp
2022 12.1 +0.7 pp
2021 11.4 +1.6 pp
2020 9.7 −0.4 pp
2019 10.1 +0.7 pp
2018 9.4 +0.2 pp
2017 9.2 −1 pp
2016 10.2 +1.7 pp
2015 8.5 −0.5 pp
2014 9 +0.4 pp
2013 8.6 −0 pp
2012 8.7 −0.1 pp
2011 8.7 −0.2 pp
2010 9 −0.2 pp
2009 9.2 −0.5 pp
2008 9.7 +0.5 pp
2007 9.2

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

Source: World Development Indicators (World Bank), license CC BY 4.0.