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

Madagascar
-11.6%
in 2025
Seychelles
-13.0%
in 2025
Madagascar rank
136th
Seychelles rank
139th

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

  • Madagascar
  • Seychelles
-60-40-200196019922025

How they compare

Madagascar currently reports -11.6% against -13.0% in Seychelles, a difference of 1.4%.

The two have swapped places 8 times across 50 shared years of data; in 1976 it was Madagascar ahead.

Madagascar ranks 136th and Seychelles ranks 139th of 191 countries.

Across the 6 decades both report, Madagascar averaged higher in 5 and Seychelles in 1.

Head to head by decade

Decade Madagascar Seychelles Difference Ahead
1970s -7.2% -53.7% 46.5% Madagascar
1980s -3.5% -42.0% 38.5% Madagascar
1990s -4.2% -35.5% 31.3% Madagascar
2000s -9.8% -7.2% 2.6% Seychelles
2010s -7.1% -11.5% 4.5% Madagascar
2020s -9.6% -15.7% 6.0% 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, Madagascar or Seychelles?
Madagascar, at -11.6% against -13.0% in Seychelles as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Madagascar and Seychelles?
1.4%, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Seychelles?
50 years are reported by both, from 1976 to 2025.
How do Madagascar and Seychelles rank globally for external balance on goods and services as a percent of gdp?
Madagascar ranks 136th and Seychelles ranks 139th 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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Madagascar vs Seychelles: 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 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/madagascar/seychelles/

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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.