Cape Verde vs Madagascar: External balance on goods and services as a percent of GDP
Cape Verde
-11.4%
in 2025
Madagascar
-11.6%
in 2025
Cape Verde rank
135th
Madagascar rank
136th
External balance on goods and services as a percent of GDP over time
- Cape Verde
- Madagascar
How they compare
Cape Verde currently reports -11.4% against -11.6% in Madagascar, a difference of 0.2%.
The two have swapped places 1 time across 46 shared years of data; in 1980 it was Madagascar ahead.
Cape Verde ranks 135th and Madagascar ranks 136th of 191 countries.
Madagascar has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Cape Verde | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -51.1% | -3.5% | 47.7% | Madagascar |
| 1990s | -40.9% | -4.2% | 36.7% | Madagascar |
| 2000s | -30.3% | -9.8% | 20.6% | Madagascar |
| 2010s | -15.8% | -7.1% | 8.7% | Madagascar |
| 2020s | -19.4% | -9.6% | 9.8% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services as a percent of gdp, Cape Verde or Madagascar?
- Cape Verde, at -11.4% against -11.6% in Madagascar as of 2025.
- What is the difference in external balance on goods and services as a percent of gdp between Cape Verde and Madagascar?
- 0.2%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Madagascar?
- 46 years are reported by both, from 1980 to 2025.
- How do Cape Verde and Madagascar rank globally for external balance on goods and services as a percent of gdp?
- Cape Verde ranks 135th and Madagascar ranks 136th of 191 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.