Madagascar MG: GDP: Real: Gross Value Added at Basic Prices

Madagascar MG: GDP: Real: Gross Value Added at Basic Prices data was reported at 20,460,096.200 MGA mn in 2023. This records an increase from the previous number of 19,674,853.327 MGA mn for 2022. Madagascar MG: GDP: Real: Gross Value Added at Basic Prices data is updated yearly, averaging 11,245,929.954 MGA mn from Dec 1960 (Median) to 2023, with 49 observations. The data reached an all-time high of 20,460,096.200 MGA mn in 2023 and a record low of 6,676,175.292 MGA mn in 1960. Madagascar MG: GDP: Real: Gross Value Added at Basic Prices 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. Gross value added at basic prices (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 basic prices is derived by subtracting net product taxes from GDP. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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