Real Non-Oil GDP for Madagascar
MDGNGDPXORPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.21
Year-over-Year Change
25.96%
Date Range
1/1/2000 - 1/1/2026
Summary
The Real Non-Oil GDP for Madagascar measures the total economic output of Madagascar's non-oil producing sectors, adjusted for inflation. This metric is a key indicator of the country's overall economic health and growth trajectory.
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 Non-Oil GDP for Madagascar represents the inflation-adjusted value of goods and services produced across all sectors of the Malagasy economy, excluding the oil industry. It provides a comprehensive view of economic activity and is widely used by policymakers, analysts, and investors to assess the country's economic performance.
Methodology
The data is calculated by the World Bank using national accounts data and adjusting for price changes over time.
Historical Context
This metric is closely monitored by the Malagasy government, international financial institutions, and foreign investors to inform economic policies, investment decisions, and growth strategies.
Key Facts
- Madagascar's Real Non-Oil GDP grew by 4.3% in 2021.
- The non-oil sectors account for over 90% of Madagascar's total economic output.
- Real Non-Oil GDP is a reliable predictor of overall economic performance in Madagascar.
FAQs
Q: What does this economic trend measure?
A: The Real Non-Oil GDP for Madagascar measures the total economic output of the country's non-oil producing sectors, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of Madagascar's economic activity and growth, excluding the volatile oil industry, making it a valuable indicator for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and adjusting for price changes over time.
Q: How is this trend used in economic policy?
A: Real Non-Oil GDP for Madagascar is closely monitored by the government, international financial institutions, and foreign investors to inform economic policies, investment decisions, and growth strategies.
Q: Are there update delays or limitations?
A: The data is subject to update delays, as it relies on national accounts data and World Bank calculations, which may take time to be finalized and published.
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Citation
U.S. Federal Reserve, Real Non-Oil GDP for Madagascar (MDGNGDPXORPCPPPT), retrieved from FRED.