Madagascar MG: GDP: Gross Value Added at Basic Prices

Madagascar MG: GDP: Gross Value Added at Basic Prices data was reported at 72,662,439.859 MGA mn in 2024. This records an increase from the previous number of 64,913,616.672 MGA mn for 2023. Madagascar MG: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 5,003,286.817 MGA mn from Dec 1960 (Median) to 2024, with 50 observations. The data reached an all-time high of 72,662,439.859 MGA mn in 2024 and a record low of 30,610.387 MGA mn in 1960. Madagascar MG: GDP: 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: Nominal. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

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