Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

1995 - 2023 | Yearly | USD mn | World Bank

Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 8.106 USD bn in 2023. This records an increase from the previous number of 6.456 USD bn for 2022. Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 5.308 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 8.106 USD bn in 2023 and a record low of 2.977 USD bn in 1995. Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Gross Domestic Product: Real. Services correspond to ISIC divisions 45-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Madagascar's Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services from 1995 to 2023 in the chart:

Madagascar Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

What was Madagascar's Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services in 2023?

Last Previous Min Max Unit Frequency Range
8,105.850 2023 6,456.270 2022 2,976.514 1995 8,105.850 2023 USD mn yearly 1995 - 2023

Related Indicators for Madagascar MG: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Madagascar Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,308.504 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 656.536 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (MGA bn) 22,283.220 2028 yearly 1980 - 2028
Forecast: Government Net Debt (MGA bn) 72,216.781 2029 yearly 1990 - 2029
Forecast: Government Revenue (MGA bn) 17,197.486 2029 yearly 1980 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 34.141 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.600 2012 yearly 2000 - 2012
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 6.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.138 2028 yearly 1980 - 2028

More Indicators for Madagascar

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data