Cocoa beans — Gross Production Value in Madagascar
Madagascar: Cocoa beans — Gross Production Value was 21,168 1000 USD in 2024. ◆ Volatile
Cocoa beans — Gross Production Value in Madagascar, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Madagascar recorded 21,168 1000 USD for cocoa beans — gross production value in 2024. That is the highest value across all 64 years on record.
The figure is up 5.0% on the previous year and up 93.3% over ten years.
Over the whole period, cocoa beans — gross production value in Madagascar peaked at 21,168 1000 USD in 2024 and was at its lowest, 2,008 1000 USD, in 1963.
Madagascar ranks 14th of 34 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cocoa beans — Gross Production Value in Madagascar, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 3,012 1000 USD | — |
| 1962 | 2,510 1000 USD | -16.7% |
| 1963 | 2,008 1000 USD | -20.0% |
| 1964 | 2,661 1000 USD | +32.5% |
| 1965 | 3,213 1000 USD | +20.7% |
| 1966 | 3,690 1000 USD | +14.8% |
| 1967 | 3,991 1000 USD | +8.2% |
| 1968 | 4,141 1000 USD | +3.8% |
| 1969 | 4,443 1000 USD | +7.3% |
| 1970 | 5,020 1000 USD | +13.0% |
| 1971 | 5,221 1000 USD | +4.0% |
| 1972 | 6,225 1000 USD | +19.2% |
| 1973 | 6,024 1000 USD | -3.2% |
| 1974 | 7,831 1000 USD | +30.0% |
| 1975 | 6,927 1000 USD | -11.5% |
| 1976 | 7,816 1000 USD | +12.8% |
| 1977 | 7,078 1000 USD | -9.4% |
| 1978 | 7,680 1000 USD | +8.5% |
| 1979 | 8,484 1000 USD | +10.5% |
| 1980 | 8,484 1000 USD | +0.0% |
| 1981 | 9,312 1000 USD | +9.8% |
| 1982 | 9,513 1000 USD | +2.2% |
| 1983 | 9,036 1000 USD | -5.0% |
| 1984 | 15,059 1000 USD | +66.7% |
| 1985 | 11,546 1000 USD | -23.3% |
| 1986 | 12,048 1000 USD | +4.3% |
| 1987 | 15,561 1000 USD | +29.2% |
| 1988 | 18,071 1000 USD | +16.1% |
| 1989 | 18,573 1000 USD | +2.8% |
| 1990 | 18,071 1000 USD | -2.7% |
| 1991 | 3,151 1000 USD | -82.6% |
| 1992 | 4,032 1000 USD | +28.0% |
| 1993 | 4,536 1000 USD | +12.5% |
| 1994 | 3,024 1000 USD | -33.3% |
| 1995 | 4,032 1000 USD | +33.3% |
| 1996 | 4,334 1000 USD | +7.5% |
| 1997 | 4,334 1000 USD | +0.0% |
| 1998 | 4,334 1000 USD | +0.0% |
| 1999 | 4,334 1000 USD | +0.0% |
| 2000 | 4,430 1000 USD | +2.2% |
| 2001 | 4,445 1000 USD | +0.3% |
| 2002 | 4,445 1000 USD | +0.0% |
| 2003 | 4,445 1000 USD | +0.0% |
| 2004 | 4,444 1000 USD | -0.0% |
| 2005 | 5,908 1000 USD | +32.9% |
| 2006 | 5,906 1000 USD | -0.0% |
| 2007 | 6,517 1000 USD | +10.3% |
| 2008 | 6,517 1000 USD | +0.0% |
| 2009 | 8,064 1000 USD | +23.7% |
| 2010 | 10,080 1000 USD | +25.0% |
| 2011 | 6,552 1000 USD | -35.0% |
| 2012 | 8,064 1000 USD | +23.1% |
| 2013 | 9,072 1000 USD | +12.5% |
| 2014 | 10,952 1000 USD | +20.7% |
| 2015 | 11,627 1000 USD | +6.2% |
| 2016 | 11,269 1000 USD | -3.1% |
| 2017 | 10,921 1000 USD | -3.1% |
| 2018 | 12,096 1000 USD | +10.8% |
| 2019 | 10,257 1000 USD | -15.2% |
| 2020 | 12,665 1000 USD | +23.5% |
| 2021 | 11,088 1000 USD | -12.5% |
| 2022 | 10,316 1000 USD | -7.0% |
| 2023 | 20,160 1000 USD | +95.4% |
| 2024 | 21,168 1000 USD | +5.0% |
Madagascar compared with similar countries
- Madagascar's 21,168 1000 USD is below the median for Sub-Saharan Africa, which is 36,608 1000 USD, 58% of the median. (8 countries reporting)
Biggest year-on-year movements
Years where Cocoa beans — Gross Production Value in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +95.4% | 10,316 1000 USD | 20,160 1000 USD |
| 1991 | -82.6% | 18,071 1000 USD | 3,151 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,297 1000 USD | 2,008 1000 USD | 4,443 1000 USD | 9 |
| 1970s | 6,831 1000 USD | 5,020 1000 USD | 8,484 1000 USD | 10 |
| 1980s | 12,720 1000 USD | 8,484 1000 USD | 18,573 1000 USD | 10 |
| 1990s | 5,418 1000 USD | 3,024 1000 USD | 18,071 1000 USD | 10 |
| 2000s | 5,512 1000 USD | 4,430 1000 USD | 8,064 1000 USD | 10 |
| 2010s | 10,089 1000 USD | 6,552 1000 USD | 12,096 1000 USD | 10 |
| 2020s | 15,079 1000 USD | 10,316 1000 USD | 21,168 1000 USD | 5 |
Countries ranked near Madagascar
More agriculture & rural data for Madagascar
- Agriculture, forestry, and fishing, value added (current US$), annual 10.42 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.217 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 130.06 current US$ per person (2025)
- Rural population, annual growth rate 1.72 % change on previous year (2025)
- Rural population, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Rural population, per capita 0.671 units per person (2025)
- Share of GDP from agriculture 21.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 21.7% (2025)
- Agricultural raw materials exports 1.6% (2024)
- Agricultural raw materials imports 2.3% (2024)
Frequently asked questions
- What is cocoa beans — gross production value in Madagascar?
- Cocoa beans — gross production value in Madagascar was 21,168 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest cocoa beans — gross production value recorded in Madagascar?
- The highest recorded value was 21,168 1000 USD in 2024.
- What is the lowest cocoa beans — gross production value recorded in Madagascar?
- The lowest recorded value was 2,008 1000 USD in 1963.
- How does Madagascar rank for cocoa beans — gross production value?
- Madagascar ranks 14th out of 34 countries with data for 2024.
- Is cocoa beans — gross production value rising or falling in Madagascar?
- Over the last ten years it is up 93.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Cocoa beans — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.