Annual growth of imports of goods and services (%) in Madagascar
Madagascar: Annual growth of imports of goods and services (%) was 2.5% in 2024. ◆ Volatile
Latest (2024)
2.5%
Change on year
up 153.0%
World rank
114th
of 186 countries
All-time high
56.9%
in 2003
All-time low
-25.0%
in 2002
Years of data
25
2000–2024
Annual growth of imports of goods and services in Madagascar, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Madagascar stood at 2.5%.
The figure is up 153.0% on the previous year and down 64.3% over ten years.
Over the whole period, annual growth of imports of goods and services in Madagascar peaked at 56.9% in 2003 and was at its lowest, -25.0%, in 2002.
Madagascar ranks 114th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services (%) in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 16.7% | — |
| 2001 | 11.8% | -29.3% |
| 2002 | -25.0% | -312.4% |
| 2003 | 56.9% | -327.2% |
| 2004 | 8.9% | -84.4% |
| 2005 | -7.0% | -178.9% |
| 2006 | 3.3% | -147.5% |
| 2007 | 30.4% | +813.4% |
| 2008 | 37.0% | +21.9% |
| 2009 | -17.8% | -148.1% |
| 2010 | -5.9% | -66.9% |
| 2011 | 2.5% | -143.0% |
| 2012 | -3.5% | -236.3% |
| 2013 | 10.9% | -417.1% |
| 2014 | 7.0% | -36.3% |
| 2015 | 6.5% | -6.1% |
| 2016 | 4.8% | -26.0% |
| 2017 | 23.7% | +389.1% |
| 2018 | 11.1% | -53.0% |
| 2019 | 4.6% | -59.1% |
| 2020 | -16.6% | -464.4% |
| 2021 | 10.3% | -162.0% |
| 2022 | 21.2% | +106.6% |
| 2023 | -4.7% | -122.2% |
| 2024 | 2.5% | -153.0% |
Madagascar compared with similar countries
- Madagascar's 2.5% is below the median for low income countries, which is 9.0%, 28% of the median. (20 countries reporting)
- Madagascar's 2.5% is below the median for Sub-Saharan Africa, which is 5.0%, 50% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.5% | -25.0% | 56.9% | 10 |
| 2010s | 6.2% | -5.9% | 23.7% | 10 |
| 2020s | 2.5% | -16.6% | 21.2% | 5 |
Countries ranked near Madagascar
- 111 Slovakia 2.6% compare
- 112 United Kingdom of Great Britain and Northern Ireland 2.6% compare
- 112 United Kingdom 2.6% compare
- 115 Republic of Korea 2.5% compare
- 115 South Korea 2.5% compare
- 117 Chile 2.5% compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Madagascar?
- Annual growth of imports of goods and services in Madagascar was 2.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Madagascar?
- The highest recorded value was 56.9% in 2003.
- What is the lowest annual growth of imports of goods and services recorded in Madagascar?
- The lowest recorded value was -25.0% in 2002.
- How does Madagascar rank for annual growth of imports of goods and services?
- Madagascar ranks 114th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Madagascar?
- Over the last ten years it is down 64.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).