Rank in the Economic Complexity Index in Madagascar

Madagascar: Rank in the Economic Complexity Index was 83 in 2016. ▲ Rising

Latest (2016)
83
Change on year
down 6.7%
World rank
24th
of 121 countries
All-time high
110
in 2002
All-time low
42
in 1990
Years of data
53
1964–2016

Rank in the Economic Complexity Index in Madagascar, 1964–2016

0255075100196419902016

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 22 Congo 84 compare
  2. 22 Mongolia 84 compare
  3. 24 Kuwait 83 compare
  4. 26 Ecuador 82 compare
  5. 27 Ethiopia 81 compare

See the full ranking of 121 places →

More economy & growth data for Madagascar

All data for Madagascar →

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.

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About this data

Indicator
Rank in the Economic Complexity Index
Source
Observatory of Economic Complexity and Atlas of Economic Complexity (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
121 places, 5,650 data points, 1964–2016
Last refreshed

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.