Oil rents as a share of GDP in Madagascar

Madagascar: Oil rents as a share of GDP was 0.1% in 2021. ◆ Volatile

Latest (2021)
0.1%
Change on year
up 69.4%
World rank
78th
of 199 countries
All-time high
0.1%
in 2018
All-time low
0.0%
in 1980
Years of data
42
1980–2021

Oil rents as a share of GDP in Madagascar, 1980–2021

00.050.10.151980200020211980: 0 % of GDP1981: 0 % of GDP1982: 0 % of GDP1983: 0 % of GDP1984: 0 % of GDP1985: 0 % of GDP1986: 0 % of GDP1987: 0 % of GDP1988: 0 % of GDP1989: 0 % of GDP1990: 0 % of GDP1991: 0 % of GDP1992: 0 % of GDP1993: 0 % of GDP1994: 0 % of GDP1995: 0 % of GDP1996: 0 % of GDP1997: 0 % of GDP1998: 0 % of GDP1999: 0 % of GDP2000: 0 % of GDP2001: 0 % of GDP2002: 0 % of GDP2003: 0 % of GDP2004: 0 % of GDP2005: 0 % of GDP2006: 0 % of GDP2007: 0 % of GDP2008: 0 % of GDP2009: 0 % of GDP2010: 0 % of GDP2011: 0 % of GDP2012: 0 % of GDP2013: 0 % of GDP2014: 0.086 % of GDP2015: 0.066 % of GDP2016: 0.058 % of GDP2017: 0.096 % of GDP2018: 0.129 % of GDP2019: 0.093 % of GDP2020: 0.049 % of GDP2021: 0.084 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2021, oil rents as a share of gdp in Madagascar stood at 0.1%.

The figure is up 69.4% on the previous year and up 43.8% over five years.

Over the whole period, oil rents as a share of gdp in Madagascar peaked at 0.1% in 2018 and was at its lowest, 0.0%, in 1980.

Madagascar ranks 78th of 199 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.

Oil rents as a share of GDP in Madagascar, year by year

Annual values for Oil rents as a share of GDP in Madagascar, 1980 to 2021.
Year % of GDP Change
1980 0.0%
1981 0.0%
1982 0.0%
1983 0.0%
1984 0.0%
1985 0.0%
1986 0.0%
1987 0.0%
1988 0.0%
1989 0.0%
1990 0.0%
1991 0.0%
1992 0.0%
1993 0.0%
1994 0.0%
1995 0.0%
1996 0.0%
1997 0.0%
1998 0.0%
1999 0.0%
2000 0.0%
2001 0.0%
2002 0.0%
2003 0.0%
2004 0.0%
2005 0.0%
2006 0.0%
2007 0.0%
2008 0.0%
2009 0.0%
2010 0.0%
2011 0.0%
2012 0.0%
2013 0.0%
2014 0.1%
2015 0.1% -23.8%
2016 0.1% -11.3%
2017 0.1% +63.8%
2018 0.1% +35.1%
2019 0.1% -27.7%
2020 0.0% -46.9%
2021 0.1% +69.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0% 0.0% 0.0% 10
1990s 0.0% 0.0% 0.0% 10
2000s 0.0% 0.0% 0.0% 10
2010s 0.1% 0.0% 0.1% 10
2020s 0.1% 0.0% 0.1% 2

Countries ranked near Madagascar

  1. 75 Türkiye 0.1% compare
  2. 76 Guatemala 0.1% compare
  3. 77 New Zealand 0.1% compare
  4. 79 Kyrgyzstan 0.1% compare
  5. 80 Mozambique 0.1% compare
  6. 81 Italy 0.1% compare

See the full ranking of 199 places →

More energy & mining data for Madagascar

All data for Madagascar →

Frequently asked questions

What is oil rents as a share of gdp in Madagascar?
Oil rents as a share of gdp in Madagascar was 0.1% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest oil rents as a share of gdp recorded in Madagascar?
The highest recorded value was 0.1% in 2018.
What is the lowest oil rents as a share of gdp recorded in Madagascar?
The lowest recorded value was 0.0% in 1980.
How does Madagascar rank for oil rents as a share of gdp?
Madagascar ranks 78th out of 199 countries with data for 2021.
Where does this Madagascar data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Oil rents as a share of GDP. Statizoid updates them automatically from the source API.

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Oil rents as a share of GDP in Madagascar. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://energy.statizoid.com/stat/oil-rents-as-a-share-of-gdp/madagascar/

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About this data

Indicator
Oil rents as a share of GDP
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.