India vs Madagascar: External balance on goods and services
India
-6.02 trillion current LCU
in 2025
Madagascar
-10.29 trillion current LCU
in 2025
India rank
180th
Madagascar rank
183rd
External balance on goods and services over time
- India
- Madagascar
How they compare
India currently reports -6.02 trillion current LCU against -10.29 trillion current LCU in Madagascar, a difference of 4.27 trillion current LCU.
The two have swapped places 17 times across 66 shared years of data; in 1960 it was Madagascar ahead.
India ranks 180th and Madagascar ranks 183rd of 192 countries.
Across the 7 decades both report, India averaged higher in 3 and Madagascar in 4.
Head to head by decade
| Decade | India | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -4.57 billion current LCU | -2.35 billion current LCU | 2.22 billion current LCU | Madagascar |
| 1970s | -3.59 billion current LCU | -5.95 billion current LCU | 2.36 billion current LCU | India |
| 1980s | -50.76 billion current LCU | -14.70 billion current LCU | 36.07 billion current LCU | Madagascar |
| 1990s | -133.69 billion current LCU | -116.62 billion current LCU | 17.07 billion current LCU | Madagascar |
| 2000s | -1.21 trillion current LCU | -1.38 trillion current LCU | 170.00 billion current LCU | India |
| 2010s | -4.64 trillion current LCU | -2.12 trillion current LCU | 2.52 trillion current LCU | Madagascar |
| 2020s | -5.03 trillion current LCU | -6.62 trillion current LCU | 1.58 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, India or Madagascar?
- India, at -6.02 trillion current LCU against -10.29 trillion current LCU in Madagascar as of 2025.
- What is the difference in external balance on goods and services between India and Madagascar?
- 4.27 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Madagascar?
- 66 years are reported by both, from 1960 to 2025.
- How do India and Madagascar rank globally for external balance on goods and services?
- India ranks 180th and Madagascar ranks 183rd of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.