Madagascar vs Montenegro: External balance on goods and services
Madagascar
-2.27 billion current US$
in 2025
Montenegro
-2.37 billion current US$
in 2025
Madagascar rank
136th
Montenegro rank
137th
External balance on goods and services over time
- Madagascar
- Montenegro
How they compare
Madagascar currently reports -2.27 billion current US$ against -2.37 billion current US$ in Montenegro, a difference of 97.04 million current US$.
The two have swapped places 7 times across 26 shared years of data; in 2000 it was Montenegro ahead.
Madagascar ranks 136th and Montenegro ranks 137th of 192 countries.
Madagascar has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Madagascar | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -766.44 million current US$ | -803.55 million current US$ | 37.11 million current US$ | Madagascar |
| 2010s | -838.63 million current US$ | -1.02 billion current US$ | 180.83 million current US$ | Madagascar |
| 2020s | -1.55 billion current US$ | -1.64 billion current US$ | 89.30 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Madagascar or Montenegro?
- Madagascar, at -2.27 billion current US$ against -2.37 billion current US$ in Montenegro as of 2025.
- What is the difference in external balance on goods and services between Madagascar and Montenegro?
- 97.04 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Montenegro?
- 26 years are reported by both, from 2000 to 2025.
- How do Madagascar and Montenegro rank globally for external balance on goods and services?
- Madagascar ranks 136th and Montenegro ranks 137th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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 indicator is expressed in United States dollars.