Vegetable oil vs gdp in Madagascar

Madagascar: Vegetable oil vs gdp was 2.92 in 2023. ▲ Rising

Latest (2023)
2.92
Change on year
down 3.0%
World rank
188th
of 192 countries
All-time high
3.92
in 2020
All-time low
1.02
in 1963
Years of data
63
1961–2023

Vegetable oil vs gdp in Madagascar, 1961–2023

1234196119922023

Source: Our World in Data.

Analysis

In 2023, vegetable oil vs gdp in Madagascar stood at 2.92.

That represents a change of down 3.0% on the previous year and up 44.6% over ten years.

Over the whole period, vegetable oil vs gdp in Madagascar peaked at 3.92 in 2020 and was at its lowest, 1.02, in 1963.

Madagascar ranks 188th of 192 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 63 years of available data.

Vegetable oil vs gdp in Madagascar, year by year

Annual values for Vegetable oil vs gdp in Madagascar, 1961 to 2023.
Year Value Change
1961 1.33 —
1962 1.19 -10.6%
1963 1.02 -14.3%
1964 1.16 +13.5%
1965 1.23 +5.9%
1966 1.41 +14.4%
1967 1.41 +0.6%
1968 1.42 +0.6%
1969 1.55 +8.9%
1970 1.56 +0.5%
1971 2.03 +30.2%
1972 1.77 -12.8%
1973 1.67 -5.7%
1974 1.77 +6.3%
1975 2.05 +15.3%
1976 2.68 +31.0%
1977 2.47 -7.8%
1978 2.48 +0.3%
1979 3.13 +26.1%
1980 3.39 +8.4%
1981 3.14 -7.5%
1982 2.42 -22.8%
1983 2.51 +3.6%
1984 2.6 +3.5%
1985 2.47 -5.0%
1986 2.25 -9.0%
1987 2.28 +1.3%
1988 2.37 +4.3%
1989 2.54 +6.9%
1990 2.76 +8.7%
1991 2.64 -4.2%
1992 2.45 -7.2%
1993 2.45 +0.0%
1994 2.57 +4.7%
1995 2.92 +13.8%
1996 2.52 -13.8%
1997 2.82 +12.1%
1998 2.64 -6.2%
1999 2.77 +4.6%
2000 2.92 +5.4%
2001 2.99 +2.6%
2002 2.9 -3.1%
2003 3.11 +7.3%
2004 2.96 -4.9%
2005 2.81 -5.2%
2006 3.28 +16.9%
2007 2.96 -9.7%
2008 2.99 +0.9%
2009 2.48 -17.0%
2010 2.85 +14.8%
2011 2.4 -15.8%
2012 1.83 -23.7%
2013 2.02 +10.4%
2014 1.98 -2.0%
2015 2.33 +17.7%
2016 2.43 +4.3%
2017 2.79 +14.8%
2018 2.9 +3.9%
2019 2.88 -0.7%
2020 3.92 +36.1%
2021 2.91 -25.8%
2022 3.01 +3.4%
2023 2.92 -3.0%

Madagascar compared with similar countries

  • Madagascar's 2.92 is below the median for low income countries, which is 6.49, 45% of the median. (23 countries reporting)
  • Madagascar's 2.92 is below the median for Sub-Saharan Africa, which is 8.94, 33% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.3 1.02 1.55 9
1970s 2.16 1.56 3.13 10
1980s 2.6 2.25 3.39 10
1990s 2.65 2.45 2.92 10
2000s 2.94 2.48 3.28 10
2010s 2.44 1.83 2.9 10
2020s 3.19 2.91 3.92 4

Countries ranked near Madagascar

  1. 185 Democratic Republic of Congo 3.56 compare
  2. 186 Sri Lanka 3.29 compare
  3. 187 Finland 3.27 compare
  4. 189 Laos 2.75 compare
  5. 190 Burundi 2.53 compare
  6. 191 Bolivia 2.14 compare

See the full ranking of 192 places →

More energy & mining data for Madagascar

All data for Madagascar →

Frequently asked questions

What is vegetable oil vs gdp in Madagascar?
Vegetable oil vs gdp in Madagascar was 2.92 in 2023, according to Our World in Data.
What is the highest vegetable oil vs gdp recorded in Madagascar?
The highest recorded value was 3.92 in 2020.
What is the lowest vegetable oil vs gdp recorded in Madagascar?
The lowest recorded value was 1.02 in 1963.
How does Madagascar rank for vegetable oil vs gdp?
Madagascar ranks 188th out of 192 countries with data for 2023.
Is vegetable oil vs gdp rising or falling in Madagascar?
Over the last ten years it is up 44.6%. 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 Vegetable oil vs gdp. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp in Madagascar. Statizoid, drawing on Our World in Data. Retrieved 12 November 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp/madagascar/

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About this data

Indicator
Vegetable oil vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 10,214 data points, 1961–2023
Last refreshed