Revenue, excluding grants (current LCU), annual growth rate in Madagascar

Madagascar: Revenue, excluding grants (current LCU), annual growth rate was 28.59 % change on previous year in 2024. ◆ Volatile

Latest (2024)
28.59 % change on previous year
Change on year
up 56.4%
World rank
19th
of 156 countries
All-time high
53.47 % change on previous year
in 1995
All-time low
-24.01 % change on previous year
in 1991
Years of data
26
1991–2024

Revenue, excluding grants (current LCU), annual growth rate in Madagascar, 1991–2024

-2002040601991200720241991: -24 % change on previous year1992: 42.3 % change on previous year1993: 10.4 % change on previous year1994: 34.6 % change on previous year1995: 53.5 % change on previous year2004: 36 % change on previous year2005: 12.2 % change on previous year2006: 24.6 % change on previous year2007: 18.8 % change on previous year2008: 30.8 % change on previous year2009: -22.9 % change on previous year2010: 34.7 % change on previous year2011: 2.1 % change on previous year2012: 2.7 % change on previous year2013: 12.2 % change on previous year2014: 7.5 % change on previous year2015: 15.7 % change on previous year2016: 16.3 % change on previous year2017: 18 % change on previous year2018: 17.6 % change on previous year2019: 12.5 % change on previous year2020: -11.2 % change on previous year2021: 17.6 % change on previous year2022: 3.8 % change on previous year2023: 18.3 % change on previous year2024: 28.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Madagascar recorded 28.59 % change on previous year for revenue, excluding grants (current lcu), annual growth rate in 2024.

That represents a change of up 56.4% on the previous year and up 282.2% over ten years.

Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Madagascar peaked at 53.47 % change on previous year in 1995 and was at its lowest, -24.01 % change on previous year, in 1991.

Madagascar ranks 19th of 156 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Revenue, excluding grants (current LCU), annual growth rate in Madagascar, year by year

Annual values for Revenue, excluding grants (current LCU), annual growth rate in Madagascar, 1991 to 2024.
Year % change on previous year Change
1991 -24.01 % change on previous year
1992 42.34 % change on previous year -276.3%
1993 10.41 % change on previous year -75.4%
1994 34.62 % change on previous year +232.7%
1995 53.47 % change on previous year +54.4%
2004 35.97 % change on previous year -32.7%
2005 12.17 % change on previous year -66.2%
2006 24.56 % change on previous year +101.8%
2007 18.81 % change on previous year -23.4%
2008 30.81 % change on previous year +63.8%
2009 -22.91 % change on previous year -174.4%
2010 34.67 % change on previous year -251.3%
2011 2.07 % change on previous year -94.0%
2012 2.72 % change on previous year +31.2%
2013 12.22 % change on previous year +348.8%
2014 7.48 % change on previous year -38.8%
2015 15.73 % change on previous year +110.3%
2016 16.33 % change on previous year +3.8%
2017 18.04 % change on previous year +10.5%
2018 17.58 % change on previous year -2.6%
2019 12.45 % change on previous year -29.1%
2020 -11.19 % change on previous year -189.8%
2021 17.6 % change on previous year -257.3%
2022 3.76 % change on previous year -78.6%
2023 18.28 % change on previous year +386.0%
2024 28.59 % change on previous year +56.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.36 % change on previous year -24.01 % change on previous year 53.47 % change on previous year 5
2000s 16.57 % change on previous year -22.91 % change on previous year 35.97 % change on previous year 6
2010s 13.93 % change on previous year 2.07 % change on previous year 34.67 % change on previous year 10
2020s 11.41 % change on previous year -11.19 % change on previous year 28.59 % change on previous year 5

Countries ranked near Madagascar

  1. 16 Seychelles 34.25 % change on previous year compare
  2. 17 Congo 33.22 % change on previous year compare
  3. 18 Lao People's Democratic Republic 29.05 % change on previous year compare
  4. 20 Serbia 26.86 % change on previous year compare
  5. 21 Fiji 26.19 % change on previous year compare
  6. 22 Ukraine 26.18 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is revenue, excluding grants (current lcu), annual growth rate in Madagascar?
Revenue, excluding grants (current lcu), annual growth rate in Madagascar was 28.59 % change on previous year in 2024, according to Statizoid (derived).
What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Madagascar?
The highest recorded value was 53.47 % change on previous year in 1995.
What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Madagascar?
The lowest recorded value was -24.01 % change on previous year in 1991.
How does Madagascar rank for revenue, excluding grants (current lcu), annual growth rate?
Madagascar ranks 19th out of 156 countries with data for 2024.
Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Madagascar?
Over the last ten years it is up 282.2%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Revenue, excluding grants (current LCU), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Revenue, excluding grants (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,444 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.