Eritrea vs Madagascar: External balance on goods and services

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

External balance on goods and services 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 193 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, 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 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?
Eritrea ranks 134th 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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Eritrea vs Madagascar: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/eritrea/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.