Ethiopia vs Madagascar

Ethiopia vs Madagascar: GDP growth

GDP growth: 8.1% a year in Ethiopia in 2024 and 3.1% a year in Madagascar in 2025, by IMF estimates. In 2024 the value was higher in Ethiopia, by 3.7 percentage points, or 1.86 times that in Madagascar.

EthiopiaMadagascar
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Ethiopia vs Madagascar: GDP growthGDP growth: 8.1% a year in Ethiopia in 2024 and 3.1% a year in Madagascar in 2025, by IMF estimates. In 2024 the value was higher in Ethiopia, by 3.7 percentage points, or 1.86 times that in Madagascar.
EthiopiaMadagascarIMF projection (World Economic Outlook, October 2026)

Latest figures

% a year · IMF

CountryLatest10 years beforeRank in 2025Projected
Ethiopia8.1 202410.3—7.7 2031
Madagascar3.1 20253.179 of 1434.8 2031

What the numbers say

  • Ethiopia has been higher since 2004, when it overtook Madagascar.
  • The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 7.7% a year and Madagascar at 4.8% a year in 2031.

Every year

% a year · IMF

YearEthiopiaMadagascar
20259.23.1
20248.14.3
20237.24.2
20226.44.1
20216.34.7
20206.1-7.1
201994.4
20187.73.2
201710.23.9
201684
201510.43.1
201410.33.3
20139.92.3
20128.73
201111.41.6
201010.60.6
200910-4
200811.26.7
200711.85.7
200611.55.4
200512.64.8
200411.75.3
2003-2.19.8
20021.6-12.4
20017.46
20009.84.5
19996.34.7
1998-4.23.9
19972.83.7
199613.52.2
19956.11.7
19943.5-0
199313.42.1
1992-8.91.2
1991-7.2-6.3
19902.63.1
1989-0.54.1
19880.63.4
198713.91.2
19869.72
1985-11.41.2
1984-2.31.8
19837.80.9
19821-1.9
1981–-9.8
198040.8
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEthiopiaMadagascar
20269.23.8
20277.84.5
20288.24.6
20298.24.7
203084.8
20317.74.8

Each country on its own

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 143 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time