Real GDP Per Capita for Madagascar
MDGNGDPRPCPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.39
Year-over-Year Change
334.12%
Date Range
1/1/2000 - 1/1/2026
Summary
The Real GDP Per Capita for Madagascar tracks the country's economic output per person, adjusted for inflation. This metric is a key indicator of living standards and economic development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real GDP per capita measures a country's economic output divided by its total population, providing a gauge of the average standard of living. It is a widely used metric for cross-country comparisons and assessing long-term economic progress.
Methodology
The data is calculated by the World Bank using national accounts and population statistics.
Historical Context
Policymakers and analysts closely monitor Madagascar's real GDP per capita to evaluate the economy's performance and living conditions.
Key Facts
- Madagascar's real GDP per capita was $462 in 2021.
- Real GDP per capita growth in Madagascar averaged 0.3% from 2000 to 2021.
- Madagascar ranks 161st globally in terms of real GDP per capita.
FAQs
Q: What does this economic trend measure?
A: The Real GDP Per Capita for Madagascar tracks the country's economic output per person, adjusted for inflation. It provides a gauge of the average standard of living in the country.
Q: Why is this trend relevant for users or analysts?
A: Real GDP per capita is a widely used metric for assessing a country's economic development and living standards. It allows for cross-country comparisons and evaluation of long-term progress.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and population statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor Madagascar's real GDP per capita to evaluate the economy's performance and living conditions, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of about a year.
Related Trends
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MAMDGA475SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Madagascar
MDGFCBMLNUM
Use of Financial Services Deposit Accounts: Household Accounts at Commercial Banks for Madagascar
MDGFCAODCHNUM
Use of Financial Services: Number of Loan Accounts for Households at Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCNMFNHNUM
Use of Financial Services Deposit Accounts: Household Accounts at Deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCAODMFHNUM
Inflation, consumer prices for Madagascar
FPCPITOTLZGMDG
Citation
U.S. Federal Reserve, Real GDP Per Capita for Madagascar (MDGNGDPRPCPCPPPT), retrieved from FRED.