Eritrea vs Madagascar: External balance on goods and services as a percent of GDP

Eritrea
-11.1%
in 2011
Madagascar
-11.6%
in 2025
Eritrea rank
134th
Madagascar rank
136th

External balance on goods and services as a percent of GDP over time

  • Eritrea
  • Madagascar
-80-60-40-200196019922025

How they compare

Eritrea currently reports -11.1% against -11.6% in Madagascar, a difference of 0.5%.

The two have swapped places 2 times across 20 shared years of data; in 1992 it was Madagascar ahead.

Eritrea ranks 134th and Madagascar ranks 136th of 191 countries.

Madagascar has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Eritrea Madagascar Difference Ahead
1990s -55.8% -3.9% 51.9% Madagascar
2000s -41.1% -9.8% 31.3% Madagascar
2010s -17.9% -12.6% 5.3% 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, Eritrea or Madagascar?
Eritrea, at -11.1% against -11.6% in Madagascar as of 2011.
What is the difference in external balance on goods and services as a percent of gdp between Eritrea and Madagascar?
0.5%, with Eritrea ahead.
How many years of comparable data are there for Eritrea and Madagascar?
20 years are reported by both, from 1992 to 2011.
How do Eritrea and Madagascar rank globally for external balance on goods and services as a percent of gdp?
Eritrea ranks 134th 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.

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Eritrea vs Madagascar: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/eritrea/madagascar/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.