Wealth share of the richest 1% in Madagascar

Madagascar: Wealth share of the richest 1% was 25.7% in 2024. ▼ Falling

Latest (2024)
25.7%
Change on year
up 0.0%
World rank
134th
of 215 countries
All-time high
37.4%
in 1993
All-time low
24.8%
in 1999
Years of data
45
1980–2024

Wealth share of the richest 1% in Madagascar, 1980–2024

0102030401980200220241980: 33.7 %1981: 33.9 %1982: 34 %1983: 34.1 %1984: 34.3 %1985: 34.5 %1986: 34.6 %1987: 35.8 %1988: 36 %1989: 36.1 %1990: 36.3 %1991: 36.4 %1992: 37 %1993: 37.4 %1994: 31.9 %1995: 30 %1996: 28 %1997: 25.9 %1998: 25.3 %1999: 24.8 %2000: 28 %2001: 31.8 %2002: 30.9 %2003: 30.3 %2004: 29.6 %2005: 28.8 %2006: 29.1 %2007: 29.5 %2008: 29.9 %2009: 30.2 %2010: 30.5 %2011: 29.9 %2012: 29 %2013: 28.7 %2014: 28.4 %2015: 28 %2016: 27.4 %2017: 26.8 %2018: 26.4 %2019: 26.1 %2020: 25.9 %2021: 25.7 %2022: 25.7 %2023: 25.7 %2024: 25.7 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, wealth share of the richest 1% in Madagascar stood at 25.7%.

That represents a change of down 9.4% over ten years.

Over the whole period, wealth share of the richest 1% in Madagascar peaked at 37.4% in 1993 and was at its lowest, 24.8%, in 1999.

Madagascar ranks 134th of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 34.7% 33.7% 36.1% 10
1990s 31.3% 24.8% 37.4% 10
2000s 29.8% 28.0% 31.8% 10
2010s 28.1% 26.1% 30.5% 10
2020s 25.8% 25.7% 25.9% 5

Countries ranked near Madagascar

  1. 131 Libya 25.9% compare
  2. 132 Sierra Leone 25.8% compare
  3. 133 Argentina 25.8% compare
  4. 135 Togo 25.6% compare
  5. 136 Iran 25.6% compare
  6. 137 Papua New Guinea 25.6% compare

See the full ranking of 215 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is wealth share of the richest 1% in Madagascar?
Wealth share of the richest 1% in Madagascar was 25.7% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Madagascar?
The highest recorded value was 37.4% in 1993.
What is the lowest wealth share of the richest 1% recorded in Madagascar?
The lowest recorded value was 24.8% in 1999.
How does Madagascar rank for wealth share of the richest 1%?
Madagascar ranks 134th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Madagascar?
Over the last ten years it is down 9.4%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.