Madagascar vs Spain: Value of imported goods as a share of GDP

Madagascar
26.9%
in 2024
Spain
27.3%
in 2024
Madagascar rank
124th
Spain rank
122nd

Value of imported goods as a share of GDP over time

  • Madagascar
  • Spain
010203040196019922024

How they compare

Spain currently reports 27.3% against 26.9% in Madagascar, a difference of 0.4%.

The two have swapped places 9 times across 65 shared years of data; in 1960 it was Madagascar ahead.

Madagascar ranks 124th and Spain ranks 122nd of 201 countries.

Across the 7 decades both report, Madagascar averaged higher in 3 and Spain in 4.

Head to head by decade

Decade Madagascar Spain Difference Ahead
1960s 14.5% 8.4% 6.1% Madagascar
1970s 11.6% 11.0% 0.5% Madagascar
1980s 7.9% 13.7% 5.8% Spain
1990s 11.4% 17.8% 6.4% Spain
2000s 23.3% 24.3% 1.0% Spain
2010s 24.2% 25.5% 1.4% Spain
2020s 29.0% 28.8% 0.2% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Madagascar or Spain?
Spain, at 27.3% against 26.9% in Madagascar as of 2024.
What is the difference in value of imported goods as a share of gdp between Madagascar and Spain?
0.4%, with Spain ahead.
How many years of comparable data are there for Madagascar and Spain?
65 years are reported by both, from 1960 to 2024.
How do Madagascar and Spain rank globally for value of imported goods as a share of gdp?
Madagascar ranks 124th and Spain ranks 122nd of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Spain: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/madagascar/spain/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).