Value of agricultural production in Madagascar

Madagascar: Value of agricultural production was 2.70 billion in 2024. ▲ Rising

Latest (2024)
2.70 billion
Change on year
down 2.3%
World rank
101st
of 174 countries
All-time high
3.39 billion
in 2011
All-time low
1.34 billion
in 2004
Years of data
34
1991–2024

Value of agricultural production in Madagascar, 1991–2024

01.0B2.0B3.0B1991200720241991: 1.9B1992: 2.1B1993: 2.5B1994: 2.1B1995: 1.7B1996: 1.9B1997: 1.9B1998: 2.2B1999: 1.8B2000: 1.7B2001: 1.7B2002: 1.6B2003: 1.6B2004: 1.3B2005: 1.7B2006: 2.0B2007: 2.9B2008: 3.3B2009: 3.4B2010: 3.2B2011: 3.4B2012: 3.4B2013: 3.2B2014: 3.0B2015: 2.5B2016: 2.4B2017: 2.4B2018: 2.4B2019: 2.3B2020: 2.5B2021: 2.8B2022: 2.8B2023: 2.8B2024: 2.7B

Source: Our World in Data.

Analysis

The most recent figure for value of agricultural production in Madagascar is 2.70 billion, measured in 2024.

That represents a change of down 2.3% on the previous year and down 10.2% over ten years.

Over the whole period, value of agricultural production in Madagascar peaked at 3.39 billion in 2011 and was at its lowest, 1.34 billion, in 2004.

Madagascar ranks 101st of 174 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Value of agricultural production in Madagascar, year by year

Annual values for Value of agricultural production in Madagascar, 1991 to 2024.
Year Value Change
1991 1.86 billion
1992 2.11 billion +13.5%
1993 2.45 billion +16.2%
1994 2.06 billion -15.9%
1995 1.68 billion -18.5%
1996 1.89 billion +12.4%
1997 1.88 billion -0.5%
1998 2.19 billion +16.5%
1999 1.84 billion -16.2%
2000 1.69 billion -7.9%
2001 1.67 billion -1.2%
2002 1.63 billion -2.2%
2003 1.64 billion +0.4%
2004 1.34 billion -18.6%
2005 1.74 billion +30.1%
2006 2.03 billion +16.8%
2007 2.89 billion +42.4%
2008 3.31 billion +14.5%
2009 3.37 billion +1.7%
2010 3.19 billion -5.3%
2011 3.39 billion +6.3%
2012 3.39 billion -0.1%
2013 3.19 billion -5.9%
2014 3.01 billion -5.6%
2015 2.45 billion -18.5%
2016 2.37 billion -3.2%
2017 2.38 billion +0.3%
2018 2.42 billion +1.4%
2019 2.30 billion -4.6%
2020 2.45 billion +6.5%
2021 2.79 billion +13.7%
2022 2.76 billion -0.9%
2023 2.77 billion +0.2%
2024 2.70 billion -2.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.00 billion 1.68 billion 2.45 billion 9
2000s 2.13 billion 1.34 billion 3.37 billion 10
2010s 2.81 billion 2.30 billion 3.39 billion 10
2020s 2.69 billion 2.45 billion 2.79 billion 5

Countries ranked near Madagascar

  1. 98 Panama 2.88 billion compare
  2. 99 Tajikistan 2.82 billion compare
  3. 100 Eritrea 2.82 billion compare
  4. 102 Togo 2.45 billion compare
  5. 103 Lao People's Democratic Republic 2.36 billion compare
  6. 104 Slovak Republic 2.34 billion compare

See the full ranking of 175 places →

More agriculture & rural data for Madagascar

All data for Madagascar →

Frequently asked questions

What is value of agricultural production in Madagascar?
Value of agricultural production in Madagascar was 2.70 billion in 2024, according to Our World in Data.
What is the highest value of agricultural production recorded in Madagascar?
The highest recorded value was 3.39 billion in 2011.
What is the lowest value of agricultural production recorded in Madagascar?
The lowest recorded value was 1.34 billion in 2004.
How does Madagascar rank for value of agricultural production?
Madagascar ranks 101st out of 174 countries with data for 2024.
Is value of agricultural production rising or falling in Madagascar?
Over the last ten years it is down 10.2%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.

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Value of agricultural production in Madagascar. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://agriculture.statizoid.com/stat/value-of-agricultural-production/madagascar/

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About this data

Indicator
Value of agricultural production
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
175 places, 5,021 data points, 1991–2024
Last refreshed