Madagascar vs Venezuela: Africa's Development: Sectoral breakdown of the economy Oil

Madagascar
0.0838 Percentage of GDP
in 2021
Venezuela
11.3 Percentage of GDP
in 2014
Madagascar rank
19th
Venezuela rank
17th

Africa's Development: Sectoral breakdown of the economy Oil over time

  • Madagascar
  • Venezuela
0102030200020102021

How they compare

Venezuela currently reports 11.3 Percentage of GDP against 0.0838 Percentage of GDP in Madagascar, a difference of 11.22 Percentage of GDP.

That makes Venezuela's figure about 134.8 times Madagascar's.

Across all 15 years both countries report, Venezuela has been ahead every year.

Madagascar ranks 19th and Venezuela ranks 17th of 28 countries.

Venezuela has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Madagascar Venezuela Difference Ahead
2000s 0 Percentage of GDP 20.69 Percentage of GDP 20.69 Percentage of GDP Venezuela
2010s 0.0173 Percentage of GDP 16.17 Percentage of GDP 16.15 Percentage of GDP Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher africa's development dynamics (afdd) table 08 - sectoral breakdown of, Madagascar or Venezuela?
Venezuela, at 11.3 Percentage of GDP against 0.0838 Percentage of GDP in Madagascar as of 2014.
What is the difference in africa's development dynamics (afdd) table 08 - sectoral breakdown of between Madagascar and Venezuela?
11.22 Percentage of GDP, with Venezuela ahead.
How many years of comparable data are there for Madagascar and Venezuela?
15 years are reported by both, from 2000 to 2014.
How do Madagascar and Venezuela rank globally for africa's development dynamics (afdd) table 08 - sectoral breakdown of?
Madagascar ranks 19th and Venezuela ranks 17th of 28 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Oil rents. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Venezuela: Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 October 2026, from https://reference.statizoid.com/compare/africa-s-development-dynamics-afdd-table-08-sectoral-breakdown-of-the-economy-oil-rents/madagascar-2/venezuela-rb/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Oil rents
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
236 places, 5,073 data points, 2000–2021
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 8 shows the breakdown of national economies by sectors of activity, looking at share of employment, contributions to GDP, along with the impact of natural resource extraction on the economy.