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.
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 | Value | 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 of Great Britain and Northern Ireland 2.6% compare
- 115 Republic of Korea 2.5% compare
- 115 Korea 2.5% compare
- 117 Chile 2.5% compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
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).