Human capital in Madagascar

Madagascar: Human capital was 103.77 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
103.77 billion real chained 2019 US$
Change on year
up 3.1%
World rank
103rd
of 151 countries
All-time high
103.77 billion real chained 2019 US$
in 2020
All-time low
38.06 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020

Human capital in Madagascar, 1995–2020

025.0B50.0B75.0B100.0B1995200720201995: 38.1B real chained 2019 US$1996: 39.8B real chained 2019 US$1997: 41.5B real chained 2019 US$1998: 43.3B real chained 2019 US$1999: 45.2B real chained 2019 US$2000: 47.2B real chained 2019 US$2001: 49.2B real chained 2019 US$2002: 51.3B real chained 2019 US$2003: 53.7B real chained 2019 US$2004: 56.4B real chained 2019 US$2005: 59.3B real chained 2019 US$2006: 61.5B real chained 2019 US$2007: 63.9B real chained 2019 US$2008: 66.3B real chained 2019 US$2009: 68.7B real chained 2019 US$2010: 71.3B real chained 2019 US$2011: 75.4B real chained 2019 US$2012: 79.7B real chained 2019 US$2013: 82.5B real chained 2019 US$2014: 85.3B real chained 2019 US$2015: 88.1B real chained 2019 US$2016: 91.2B real chained 2019 US$2017: 94.4B real chained 2019 US$2018: 97.5B real chained 2019 US$2019: 100.6B real chained 2019 US$2020: 103.8B real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

The most recent figure for human capital in Madagascar is 103.77 billion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.

The figure is up 3.1% on the previous year and up 45.5% over ten years.

Over the whole period, human capital in Madagascar peaked at 103.77 billion real chained 2019 US$ in 2020 and was at its lowest, 38.06 billion real chained 2019 US$, in 1995.

Madagascar ranks 103rd of 151 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Human capital in Madagascar, year by year

Annual values for Human capital (real chained 2019 US$) in Madagascar, 1995 to 2020.
Year real chained 2019 US$ Change
1995 38.06 billion real chained 2019 US$ —
1996 39.75 billion real chained 2019 US$ +4.4%
1997 41.51 billion real chained 2019 US$ +4.4%
1998 43.33 billion real chained 2019 US$ +4.4%
1999 45.22 billion real chained 2019 US$ +4.4%
2000 47.18 billion real chained 2019 US$ +4.3%
2001 49.25 billion real chained 2019 US$ +4.4%
2002 51.30 billion real chained 2019 US$ +4.2%
2003 53.69 billion real chained 2019 US$ +4.7%
2004 56.42 billion real chained 2019 US$ +5.1%
2005 59.33 billion real chained 2019 US$ +5.2%
2006 61.55 billion real chained 2019 US$ +3.7%
2007 63.86 billion real chained 2019 US$ +3.7%
2008 66.26 billion real chained 2019 US$ +3.8%
2009 68.68 billion real chained 2019 US$ +3.7%
2010 71.30 billion real chained 2019 US$ +3.8%
2011 75.41 billion real chained 2019 US$ +5.8%
2012 79.72 billion real chained 2019 US$ +5.7%
2013 82.49 billion real chained 2019 US$ +3.5%
2014 85.29 billion real chained 2019 US$ +3.4%
2015 88.11 billion real chained 2019 US$ +3.3%
2016 91.20 billion real chained 2019 US$ +3.5%
2017 94.39 billion real chained 2019 US$ +3.5%
2018 97.53 billion real chained 2019 US$ +3.3%
2019 100.64 billion real chained 2019 US$ +3.2%
2020 103.77 billion real chained 2019 US$ +3.1%

Madagascar compared with similar countries

  • Madagascar's 103.77 billion real chained 2019 US$ is above the median for low income countries, which is 69.25 billion real chained 2019 US$, 1.5× the median. (18 countries reporting)
  • Madagascar's 103.77 billion real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 82.95 billion real chained 2019 US$, 1.3× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 41.58 billion real chained 2019 US$ 38.06 billion real chained 2019 US$ 45.22 billion real chained 2019 US$ 5
2000s 57.75 billion real chained 2019 US$ 47.18 billion real chained 2019 US$ 68.68 billion real chained 2019 US$ 10
2010s 86.61 billion real chained 2019 US$ 71.30 billion real chained 2019 US$ 100.64 billion real chained 2019 US$ 10
2020s 103.77 billion real chained 2019 US$ 103.77 billion real chained 2019 US$ 103.77 billion real chained 2019 US$ 1

Countries ranked near Madagascar

  1. 100 Senegal 122.91 billion real chained 2019 US$ compare
  2. 101 Cambodia 121.74 billion real chained 2019 US$ compare
  3. 102 Malta 110.53 billion real chained 2019 US$ compare
  4. 104 Trinidad and Tobago 101.04 billion real chained 2019 US$ compare
  5. 105 Bosnia and Herzegovina 94.80 billion real chained 2019 US$ compare
  6. 106 Togo 94.75 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is human capital in Madagascar?
Human capital in Madagascar was 103.77 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest human capital recorded in Madagascar?
The highest recorded value was 103.77 billion real chained 2019 US$ in 2020.
What is the lowest human capital recorded in Madagascar?
The lowest recorded value was 38.06 billion real chained 2019 US$ in 1995.
How does Madagascar rank for human capital?
Madagascar ranks 103rd out of 151 countries with data for 2020.
Is human capital rising or falling in Madagascar?
Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Human capital in Madagascar. Statizoid, drawing on World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/human-capital-real-chained-2019-us/madagascar/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/human-capital-real-chained-2019-us/madagascar/">Human capital in Madagascar</a> — Statizoid

About this data

Indicator
Human capital (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.