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GOAL 8: Decent Work and Economic Growth in Madagascar

Madagascar: GOAL 8: Decent Work and Economic Growth was 0.625 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.625 5 year moving average
Change on year
up 12.4%
World rank
137th
of 215 countries
All-time high
0.625 5 year moving average
in 2021
All-time low
0.125 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Madagascar, 2004–2023

0.10.20.30.40.50.62004201320232004: 0.125 5 year moving average2005: 0.222 5 year moving average2006: 0.222 5 year moving average2007: 0.222 5 year moving average2008: 0.2 5 year moving average2009: 0.2 5 year moving average2010: 0.182 5 year moving average2011: 0.25 5 year moving average2012: 0.417 5 year moving average2013: 0.417 5 year moving average2014: 0.417 5 year moving average2015: 0.5 5 year moving average2016: 0.5 5 year moving average2017: 0.5 5 year moving average2018: 0.5 5 year moving average2019: 0.538 5 year moving average2020: 0.429 5 year moving average2021: 0.625 5 year moving average2022: 0.556 5 year moving average2023: 0.625 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

The most recent figure for goal 8: decent work and economic growth in Madagascar is 0.625 5 year moving average, measured in 2023. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 12.4% on the previous year and up 49.9% over ten years.

Over the whole period, goal 8: decent work and economic growth in Madagascar peaked at 0.625 5 year moving average in 2021 and was at its lowest, 0.125 5 year moving average, in 2004.

That places Madagascar 137th out of 215 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

GOAL 8: Decent Work and Economic Growth in Madagascar, year by year

Year 5 year moving average Change
2004 0.125 5 year moving average —
2005 0.222 5 year moving average +77.6%
2006 0.222 5 year moving average +0.0%
2007 0.222 5 year moving average +0.0%
2008 0.2 5 year moving average -9.9%
2009 0.2 5 year moving average +0.0%
2010 0.182 5 year moving average -9.0%
2011 0.25 5 year moving average +37.4%
2012 0.417 5 year moving average +66.8%
2013 0.417 5 year moving average +0.0%
2014 0.417 5 year moving average +0.0%
2015 0.5 5 year moving average +19.9%
2016 0.5 5 year moving average +0.0%
2017 0.5 5 year moving average +0.0%
2018 0.5 5 year moving average +0.0%
2019 0.538 5 year moving average +7.6%
2020 0.429 5 year moving average -20.3%
2021 0.625 5 year moving average +45.7%
2022 0.556 5 year moving average -11.0%
2023 0.625 5 year moving average +12.4%

Madagascar compared with similar countries

  • Madagascar's 0.625 5 year moving average is above the median for low income countries, which is 0.625 5 year moving average, 1.0× the median. (25 countries reporting)
  • Madagascar's 0.625 5 year moving average is below the median for Sub-Saharan Africa, which is 0.75 5 year moving average, 83% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1985 5 year moving average 0.125 5 year moving average 0.222 5 year moving average 6
2010s 0.4221 5 year moving average 0.182 5 year moving average 0.538 5 year moving average 10
2020s 0.5587 5 year moving average 0.429 5 year moving average 0.625 5 year moving average 4

Countries ranked near Madagascar

  1. 137 Algeria 0.625 5 year moving average compare
  2. 137 Belarus 0.625 5 year moving average compare
  3. 137 Benin 0.625 5 year moving average compare
  4. 137 Brunei 0.625 5 year moving average compare
  5. 137 Burkina Faso 0.625 5 year moving average compare
  6. 137 Burundi 0.625 5 year moving average compare
  7. 137 Chad 0.625 5 year moving average compare
  8. 137 Congo 0.625 5 year moving average compare
  9. 137 Kiribati 0.625 5 year moving average compare
  10. 137 Liberia 0.625 5 year moving average compare
  11. 137 Namibia 0.625 5 year moving average compare
  12. 137 Nauru 0.625 5 year moving average compare
  13. 137 Nepal 0.625 5 year moving average compare
  14. 137 Nicaragua 0.625 5 year moving average compare
  15. 137 Palau 0.625 5 year moving average compare
  16. 137 Russia 0.625 5 year moving average compare
  17. 137 Seychelles 0.625 5 year moving average compare
  18. 137 Somalia 0.625 5 year moving average compare
  19. 137 South Sudan 0.625 5 year moving average compare
  20. 137 Sudan 0.625 5 year moving average compare
  21. 137 Tajikistan 0.625 5 year moving average compare
  22. 137 Tonga 0.625 5 year moving average compare
  23. 137 Trinidad and Tobago 0.625 5 year moving average compare
  24. 137 Tuvalu 0.625 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is goal 8: decent work and economic growth in Madagascar?
Goal 8: decent work and economic growth in Madagascar was 0.625 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Madagascar?
The highest recorded value was 0.625 5 year moving average in 2021.
What is the lowest goal 8: decent work and economic growth recorded in Madagascar?
The lowest recorded value was 0.125 5 year moving average in 2004.
How does Madagascar rank for goal 8: decent work and economic growth?
Madagascar ranks 137th out of 215 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Madagascar?
Over the last ten years it is up 49.9%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 8: Decent Work and Economic Growth in Madagascar. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/madagascar/

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About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database