Rank in the Economic Complexity Index in Madagascar
Madagascar: Rank in the Economic Complexity Index was 83 in 2016. ▲ Rising
Rank in the Economic Complexity Index in Madagascar, 1964–2016
Source: Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
Analysis
In 2016, rank in the economic complexity index in Madagascar stood at 83.
Compared with earlier readings it is down 6.7% on the previous year and down 20.2% over ten years.
Over the whole period, rank in the economic complexity index in Madagascar peaked at 110 in 2002 and was at its lowest, 42, in 1990.
That places Madagascar 24th out of 121 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Rank in the Economic Complexity Index in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 81 | — |
| 1965 | 81 | +0.0% |
| 1966 | 80 | -1.2% |
| 1967 | 85 | +6.2% |
| 1968 | 84 | -1.2% |
| 1969 | 85 | +1.2% |
| 1970 | 81 | -4.7% |
| 1971 | 79 | -2.5% |
| 1972 | 75 | -5.1% |
| 1973 | 80 | +6.7% |
| 1974 | 85 | +6.2% |
| 1975 | 85 | +0.0% |
| 1976 | 88 | +3.5% |
| 1977 | 89 | +1.1% |
| 1978 | 90 | +1.1% |
| 1979 | 90 | +0.0% |
| 1980 | 84 | -6.7% |
| 1981 | 80 | -4.8% |
| 1982 | 88 | +10.0% |
| 1983 | 90 | +2.3% |
| 1984 | 91 | +1.1% |
| 1985 | 92 | +1.1% |
| 1986 | 94 | +2.2% |
| 1987 | 91 | -3.2% |
| 1988 | 91 | +0.0% |
| 1989 | 93 | +2.2% |
| 1990 | 42 | -54.8% |
| 1991 | 45 | +7.1% |
| 1992 | 61 | +35.6% |
| 1993 | 105 | +72.1% |
| 1994 | 103 | -1.9% |
| 1995 | 104 | +1.0% |
| 1996 | 104 | +0.0% |
| 1997 | 104 | +0.0% |
| 1998 | 103 | -1.0% |
| 1999 | 103 | +0.0% |
| 2000 | 108 | +4.9% |
| 2001 | 107 | -0.9% |
| 2002 | 110 | +2.8% |
| 2003 | 108 | -1.8% |
| 2004 | 108 | +0.0% |
| 2005 | 108 | +0.0% |
| 2006 | 104 | -3.7% |
| 2007 | 105 | +1.0% |
| 2008 | 101 | -3.8% |
| 2009 | 102 | +1.0% |
| 2010 | 99 | -2.9% |
| 2011 | 94 | -5.1% |
| 2012 | 88 | -6.4% |
| 2013 | 85 | -3.4% |
| 2014 | 85 | +0.0% |
| 2015 | 89 | +4.7% |
| 2016 | 83 | -6.7% |
Madagascar compared with similar countries
- Madagascar's 83 is below the median for low income countries, which is 97, 86% of the median. (7 countries reporting)
- Madagascar's 83 is above the median for Sub-Saharan Africa, which is 83, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Rank in the Economic Complexity Index in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +72.1% | 61 | 105 |
| 1990 | -54.8% | 93 | 42 |
| 1992 | +35.6% | 45 | 61 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 82.67 | 80 | 85 | 6 |
| 1970s | 84.2 | 75 | 90 | 10 |
| 1980s | 89.4 | 80 | 94 | 10 |
| 1990s | 87.4 | 42 | 105 | 10 |
| 2000s | 106.1 | 101 | 110 | 10 |
| 2010s | 89 | 83 | 99 | 7 |
Countries ranked near Madagascar
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 rank in the economic complexity index in Madagascar?
- Rank in the economic complexity index in Madagascar was 83 in 2016, according to Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data.
- What is the highest rank in the economic complexity index recorded in Madagascar?
- The highest recorded value was 110 in 2002.
- What is the lowest rank in the economic complexity index recorded in Madagascar?
- The lowest recorded value was 42 in 1990.
- How does Madagascar rank for rank in the economic complexity index?
- Madagascar ranks 24th out of 121 countries with data for 2016.
- Is rank in the economic complexity index rising or falling in Madagascar?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data, published as part of Rank in the Economic Complexity Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Economic Complexity Index (ECI) takes data on exports, and reduces a country’s economic system into two dimensions: (i) The number or ‘diversification’ of products in the export basket, and (ii) the quality, or ‘ubiquity’ of products in the export basket. This map ranks countries by ECI scores. The highest rank is 1 and corresponds to the country with the most complex economy in that year.