Cape Verde vs Madagascar: External balance on goods and services

Cape Verde
-11.4%
in 2025
Madagascar
-11.6%
in 2025
Cape Verde rank
135th
Madagascar rank
136th

External balance on goods and services over time

  • Cape Verde
  • Madagascar
-60-40-200196019922025

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 193 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, 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 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?
Cape Verde ranks 135th and Madagascar ranks 136th of 193 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cape Verde vs Madagascar: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/cabo-verde/madagascar/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.