Total shortfall from extreme poverty in Madagascar

Madagascar: Total shortfall from extreme poverty was 9.14 billion international-$ in 2021 prices in 2021. ▲ Rising

Latest (2021)
9.14 billion international-$ in 2021 prices
World rank
8th
of 120 countries
All-time high
9.14 billion international-$ in 2021 prices
in 2021
All-time low
2.73 billion international-$ in 2021 prices
in 1980
Years of data
9
1980–2021

Total shortfall from extreme poverty in Madagascar, 1980–2021

2.0B4.0B6.0B8.0B10.0B1980200020211980: 2.7B international-$ in 2021 prices1993: 6.3B international-$ in 2021 prices1997: 6.7B international-$ in 2021 prices1999: 6.9B international-$ in 2021 prices2001: 4.5B international-$ in 2021 prices2005: 4.0B international-$ in 2021 prices2010: 6.4B international-$ in 2021 prices2012: 7.7B international-$ in 2021 prices2021: 9.1B international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Madagascar recorded 9.14 billion international-$ in 2021 prices for total shortfall from extreme poverty in 2021. That is the highest value across all 9 years on record.

The figure is up 42.0% over ten years.

Over the whole period, total shortfall from extreme poverty in Madagascar peaked at 9.14 billion international-$ in 2021 prices in 2021 and was at its lowest, 2.73 billion international-$ in 2021 prices, in 1980.

That places Madagascar 8th out of 120 countries with data for 2021, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.73 billion international-$ in 2021 prices 2.73 billion international-$ in 2021 prices 2.73 billion international-$ in 2021 prices 1
1990s 6.67 billion international-$ in 2021 prices 6.33 billion international-$ in 2021 prices 6.94 billion international-$ in 2021 prices 3
2000s 4.28 billion international-$ in 2021 prices 4.02 billion international-$ in 2021 prices 4.54 billion international-$ in 2021 prices 2
2010s 7.05 billion international-$ in 2021 prices 6.43 billion international-$ in 2021 prices 7.67 billion international-$ in 2021 prices 2
2020s 9.14 billion international-$ in 2021 prices 9.14 billion international-$ in 2021 prices 9.14 billion international-$ in 2021 prices 1

Countries ranked near Madagascar

  1. 5 India 12.12 billion international-$ in 2021 prices compare
  2. 6 Uganda 11.20 billion international-$ in 2021 prices compare
  3. 7 Tanzania 10.50 billion international-$ in 2021 prices compare
  4. 9 Zambia 8.77 billion international-$ in 2021 prices compare
  5. 10 Kenya 8.18 billion international-$ in 2021 prices compare
  6. 11 Malawi 7.10 billion international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Madagascar

All data for Madagascar →

Frequently asked questions

What is total shortfall from extreme poverty in Madagascar?
Total shortfall from extreme poverty in Madagascar was 9.14 billion international-$ in 2021 prices in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Madagascar?
The highest recorded value was 9.14 billion international-$ in 2021 prices in 2021.
What is the lowest total shortfall from extreme poverty recorded in Madagascar?
The lowest recorded value was 2.73 billion international-$ in 2021 prices in 1980.
How does Madagascar rank for total shortfall from extreme poverty?
Madagascar ranks 8th out of 120 countries with data for 2021.
Is total shortfall from extreme poverty rising or falling in Madagascar?
Over the last ten years it is up 42.0%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.