The Gross Domestic Product (GDP) in Madagascar expanded 5 percent in 2018 from the previous year. Madagascar GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Madagascar averaged 2.05 percent from 1961 until 2018, reaching an all time high of 9.85 percent in 1979 and a record low of -12.70 percent in 2002. This page provides - Madagascar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
GDP Annual Growth Rate in Madagascar is expected to reach 5.20 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar GDP Annual Growth Rate is projected to trend around 5.40 percent in 2021 and 6.00 percent in 2022, according to our econometric models.