Palma ratio wb in Madagascar

Madagascar: Palma ratio wb was 1.59 in 2021. ▼ Falling

Latest (2021)
1.59
World rank
41st
of 120 countries
All-time high
2.74
in 2001
All-time low
1.59
in 2021
Years of data
9
1980–2021

Palma ratio wb in Madagascar, 1980–2021

01231980200020211980: 2.71993: 2.41997: 1.81999: 1.72001: 2.72005: 1.92010: 2.12012: 2.12021: 1.6

Source: Our World in Data.

Analysis

Madagascar recorded 1.59 for palma ratio wb in 2021. That is the lowest value across all 9 years on record.

That represents a change of down 24.6% over ten years.

Over the whole period, palma ratio wb in Madagascar peaked at 2.74 in 2001 and was at its lowest, 1.59, in 2021.

Madagascar ranks 41st of 120 countries on this measure, in the middle of the range.

Palma ratio wb in Madagascar, year by year

Annual values for Palma ratio wb in Madagascar, 1980 to 2021.
Year Value Change
1980 2.69 —
1993 2.43 -10.0%
1997 1.79 -26.0%
1999 1.71 -4.9%
2001 2.74 +60.7%
2005 1.85 -32.4%
2010 2.1 +13.6%
2012 2.12 +1.0%
2021 1.59 -25.4%

Madagascar compared with similar countries

  • Madagascar's 1.59 is below the median for low income countries, which is 1.63, 97% of the median. (13 countries reporting)
  • Madagascar's 1.59 is below the median for Sub-Saharan Africa, which is 1.65, 96% of the median. (26 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.69 2.69 2.69 1
1990s 1.98 1.71 2.43 3
2000s 2.3 1.85 2.74 2
2010s 2.11 2.1 2.12 2
2020s 1.59 1.59 1.59 1

Countries ranked near Madagascar

  1. 38 Togo 1.66 compare
  2. 39 Burundi 1.64 compare
  3. 40 Burkina Faso 1.63 compare
  4. 42 Senegal 1.53 compare
  5. 43 Russia 1.53 compare
  6. 44 Tajikistan 1.52 compare

See the full ranking of 120 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is palma ratio wb in Madagascar?
Palma ratio wb in Madagascar was 1.59 in 2021, according to Our World in Data.
What is the highest palma ratio wb recorded in Madagascar?
The highest recorded value was 2.74 in 2001.
What is the lowest palma ratio wb recorded in Madagascar?
The lowest recorded value was 1.59 in 2021.
How does Madagascar rank for palma ratio wb?
Madagascar ranks 41st out of 120 countries with data for 2021.
Is palma ratio wb rising or falling in Madagascar?
Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Madagascar. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/madagascar/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed