Exports of goods and services (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Exports of goods and services (BoP, current US$), per unit of GDP was 0.2336 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.2336 BoP, current US$ per US$ of GDP
Change on year
down 13.8%
World rank
144th
of 199 countries
All-time high
0.3203 BoP, current US$ per US$ of GDP
in 2018
All-time low
0.0758 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Exports of goods and services (BoP, current US$), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Madagascar recorded 0.2336 BoP, current US$ per US$ of GDP for exports of goods and services (bop, current us$), per unit of gdp in 2024.
The figure is down 13.8% on the previous year and down 17.8% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Madagascar peaked at 0.3203 BoP, current US$ per US$ of GDP in 2018 and was at its lowest, 0.0758 BoP, current US$ per US$ of GDP, in 1983.
That places Madagascar 144th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.1462 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.1671 BoP, current US$ per US$ of GDP | +14.3% |
| 1976 | 0.1512 BoP, current US$ per US$ of GDP | -9.5% |
| 1977 | 0.1634 BoP, current US$ per US$ of GDP | +8.0% |
| 1978 | 0.1648 BoP, current US$ per US$ of GDP | +0.8% |
| 1979 | 0.1408 BoP, current US$ per US$ of GDP | -14.5% |
| 1980 | 0.0992 BoP, current US$ per US$ of GDP | -29.6% |
| 1981 | 0.0827 BoP, current US$ per US$ of GDP | -16.6% |
| 1982 | 0.0787 BoP, current US$ per US$ of GDP | -4.8% |
| 1983 | 0.0758 BoP, current US$ per US$ of GDP | -3.7% |
| 1984 | 0.1 BoP, current US$ per US$ of GDP | +31.9% |
| 1985 | 0.092 BoP, current US$ per US$ of GDP | -8.0% |
| 1986 | 0.0916 BoP, current US$ per US$ of GDP | -0.5% |
| 1987 | 0.1315 BoP, current US$ per US$ of GDP | +43.6% |
| 1988 | 0.1263 BoP, current US$ per US$ of GDP | -3.9% |
| 1989 | 0.1428 BoP, current US$ per US$ of GDP | +13.0% |
| 1990 | 0.1197 BoP, current US$ per US$ of GDP | -16.2% |
| 1991 | 0.1485 BoP, current US$ per US$ of GDP | +24.1% |
| 1992 | 0.1348 BoP, current US$ per US$ of GDP | -9.2% |
| 1993 | 0.1284 BoP, current US$ per US$ of GDP | -4.7% |
| 1994 | 0.1862 BoP, current US$ per US$ of GDP | +45.0% |
| 1995 | 0.1952 BoP, current US$ per US$ of GDP | +4.8% |
| 1996 | 0.1583 BoP, current US$ per US$ of GDP | -18.9% |
| 1997 | 0.1501 BoP, current US$ per US$ of GDP | -5.2% |
| 1998 | 0.1526 BoP, current US$ per US$ of GDP | +1.7% |
| 1999 | 0.1706 BoP, current US$ per US$ of GDP | +11.8% |
| 2000 | 0.1778 BoP, current US$ per US$ of GDP | +4.2% |
| 2001 | 0.1866 BoP, current US$ per US$ of GDP | +5.0% |
| 2002 | 0.2029 BoP, current US$ per US$ of GDP | +8.7% |
| 2003 | 0.1273 BoP, current US$ per US$ of GDP | -37.2% |
| 2004 | 0.1809 BoP, current US$ per US$ of GDP | +42.1% |
| 2005 | 0.2261 BoP, current US$ per US$ of GDP | +25.0% |
| 2006 | 0.2556 BoP, current US$ per US$ of GDP | +13.0% |
| 2007 | 0.2643 BoP, current US$ per US$ of GDP | +3.4% |
| 2008 | 0.2481 BoP, current US$ per US$ of GDP | -6.1% |
| 2009 | 0.2045 BoP, current US$ per US$ of GDP | -17.6% |
| 2010 | 0.2159 BoP, current US$ per US$ of GDP | +5.6% |
| 2011 | 0.2312 BoP, current US$ per US$ of GDP | +7.1% |
| 2012 | 0.2462 BoP, current US$ per US$ of GDP | +6.5% |
| 2013 | 0.2532 BoP, current US$ per US$ of GDP | +2.8% |
| 2014 | 0.2843 BoP, current US$ per US$ of GDP | +12.3% |
| 2015 | 0.2785 BoP, current US$ per US$ of GDP | -2.0% |
| 2016 | 0.2861 BoP, current US$ per US$ of GDP | +2.7% |
| 2017 | 0.3147 BoP, current US$ per US$ of GDP | +10.0% |
| 2018 | 0.3203 BoP, current US$ per US$ of GDP | +1.8% |
| 2019 | 0.2894 BoP, current US$ per US$ of GDP | -9.7% |
| 2020 | 0.1984 BoP, current US$ per US$ of GDP | -31.4% |
| 2021 | 0.2342 BoP, current US$ per US$ of GDP | +18.1% |
| 2022 | 0.3056 BoP, current US$ per US$ of GDP | +30.5% |
| 2023 | 0.2711 BoP, current US$ per US$ of GDP | -11.3% |
| 2024 | 0.2336 BoP, current US$ per US$ of GDP | -13.8% |
Madagascar compared with similar countries
- Madagascar's 0.2336 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.2093 BoP, current US$ per US$ of GDP, 1.1× the median. (22 countries reporting)
- Madagascar's 0.2336 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.2423 BoP, current US$ per US$ of GDP, 96% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1556 BoP, current US$ per US$ of GDP | 0.1408 BoP, current US$ per US$ of GDP | 0.1671 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.102 BoP, current US$ per US$ of GDP | 0.0758 BoP, current US$ per US$ of GDP | 0.1428 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1544 BoP, current US$ per US$ of GDP | 0.1197 BoP, current US$ per US$ of GDP | 0.1952 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2074 BoP, current US$ per US$ of GDP | 0.1273 BoP, current US$ per US$ of GDP | 0.2643 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.272 BoP, current US$ per US$ of GDP | 0.2159 BoP, current US$ per US$ of GDP | 0.3203 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2486 BoP, current US$ per US$ of GDP | 0.1984 BoP, current US$ per US$ of GDP | 0.3056 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 141 Dominican Republic 0.2385 BoP, current US$ per US$ of GDP compare
- 142 Australia 0.2385 BoP, current US$ per US$ of GDP compare
- 143 Philippines 0.2359 BoP, current US$ per US$ of GDP compare
- 145 Myanmar 0.2334 BoP, current US$ per US$ of GDP compare
- 146 Palau 0.2304 BoP, current US$ per US$ of GDP compare
- 147 Togo 0.23 BoP, current US$ per US$ of GDP 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 exports of goods and services (bop, current us$), per unit of gdp in Madagascar?
- Exports of goods and services (bop, current us$), per unit of gdp in Madagascar was 0.2336 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.3203 BoP, current US$ per US$ of GDP in 2018.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0758 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for exports of goods and services (bop, current us$), per unit of gdp?
- Madagascar ranks 144th out of 199 countries with data for 2024.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.