Madagascar - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Madagascar was 45,537,300,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 47,638,300,000,000 in 2019 and a minimum value of 30,610,390,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 30,610,390,000
1961 31,797,980,000
1962 33,538,970,000
1963 34,209,290,000
1964 36,018,950,000
1965 37,213,440,000
1966 40,286,510,000
1967 42,899,770,000
1968 45,874,040,000
1969 49,090,910,000
1970 55,254,650,000
1971 58,844,130,000
1972 60,303,160,000
1973 65,709,480,000
1974 82,310,050,000
1975 87,256,770,000
1976 92,889,900,000
1977 103,568,000,000
1978 106,468,000,000
1979 130,574,000,000
1995 3,111,480,000,000
1996 3,815,150,000,000
1997 4,108,270,000,000
1998 4,510,650,000,000
1999 5,003,290,000,000
2000 5,837,610,000,000
2001 6,770,980,000,000
2002 7,008,900,000,000
2003 7,417,700,000,000
2004 8,831,630,000,000
2005 10,940,900,000,000
2006 12,836,700,000,000
2007 14,924,200,000,000
2008 17,045,700,000,000
2009 17,725,500,000,000
2010 19,553,800,000,000
2011 21,936,600,000,000
2012 23,860,100,000,000
2013 25,660,400,000,000
2014 28,326,600,000,000
2015 31,044,800,000,000
2016 35,146,500,000,000
2017 38,410,500,000,000
2018 42,447,000,000,000
2019 47,638,300,000,000
2020 45,537,300,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts