Wealth share of the richest 1% in Madagascar
Madagascar: Wealth share of the richest 1% was 25.7% in 2024. ▼ Falling
Wealth share of the richest 1% in Madagascar, 1980–2024
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.
Wealth share of the richest 1% in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 33.7% | — |
| 1981 | 33.9% | +0.5% |
| 1982 | 34.0% | +0.3% |
| 1983 | 34.1% | +0.5% |
| 1984 | 34.3% | +0.6% |
| 1985 | 34.5% | +0.5% |
| 1986 | 34.6% | +0.2% |
| 1987 | 35.8% | +3.5% |
| 1988 | 36.0% | +0.6% |
| 1989 | 36.1% | +0.4% |
| 1990 | 36.3% | +0.4% |
| 1991 | 36.4% | +0.2% |
| 1992 | 37.0% | +1.7% |
| 1993 | 37.4% | +1.0% |
| 1994 | 31.9% | -14.6% |
| 1995 | 30.0% | -5.9% |
| 1996 | 28.0% | -6.6% |
| 1997 | 25.9% | -7.6% |
| 1998 | 25.3% | -2.2% |
| 1999 | 24.8% | -1.9% |
| 2000 | 28.0% | +12.9% |
| 2001 | 31.8% | +13.3% |
| 2002 | 30.9% | -2.6% |
| 2003 | 30.3% | -2.0% |
| 2004 | 29.6% | -2.4% |
| 2005 | 28.8% | -2.5% |
| 2006 | 29.1% | +0.9% |
| 2007 | 29.5% | +1.4% |
| 2008 | 29.9% | +1.3% |
| 2009 | 30.2% | +1.0% |
| 2010 | 30.5% | +0.9% |
| 2011 | 29.9% | -2.0% |
| 2012 | 29.0% | -2.9% |
| 2013 | 28.7% | -0.9% |
| 2014 | 28.4% | -1.1% |
| 2015 | 28.0% | -1.3% |
| 2016 | 27.4% | -2.3% |
| 2017 | 26.8% | -2.3% |
| 2018 | 26.4% | -1.2% |
| 2019 | 26.1% | -1.1% |
| 2020 | 25.9% | -0.7% |
| 2021 | 25.7% | -0.8% |
| 2022 | 25.7% | -0.0% |
| 2023 | 25.7% | +0.0% |
| 2024 | 25.7% | +0.0% |
Madagascar compared with similar countries
- Madagascar's 25.7% is below the median for low income countries, which is 25.9%, 99% of the median. (25 countries reporting)
- Madagascar's 25.7% is below the median for Sub-Saharan Africa, which is 26.3%, 98% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Madagascar
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.82 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4503 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.43 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 26.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 32.81 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.45 (2050)
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.
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About this data
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.