Exports of goods, services and primary income (BoP, current US$), per in Madagascar
Madagascar: Exports of goods, services and primary income (BoP, current US$), per was 0.2401 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.2401 BoP, current US$ per US$ of GDP
Change on year
down 13.1%
World rank
160th
of 198 countries
All-time high
0.3241 BoP, current US$ per US$ of GDP
in 2018
All-time low
0.0764 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Exports of goods, services and primary income (BoP, current US$), per in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Madagascar recorded 0.2401 BoP, current US$ per US$ of GDP for exports of goods, services and primary income (bop, current us$), per in 2024.
The figure is down 13.1% on the previous year and down 16.3% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Madagascar peaked at 0.3241 BoP, current US$ per US$ of GDP in 2018 and was at its lowest, 0.0764 BoP, current US$ per US$ of GDP, in 1983.
That places Madagascar 160th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Exports of goods, services and primary income (BoP, current US$), per in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.15 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.1695 BoP, current US$ per US$ of GDP | +13.0% |
| 1976 | 0.1529 BoP, current US$ per US$ of GDP | -9.8% |
| 1977 | 0.1643 BoP, current US$ per US$ of GDP | +7.5% |
| 1978 | 0.1665 BoP, current US$ per US$ of GDP | +1.3% |
| 1979 | 0.1415 BoP, current US$ per US$ of GDP | -15.0% |
| 1980 | 0.0997 BoP, current US$ per US$ of GDP | -29.6% |
| 1981 | 0.0835 BoP, current US$ per US$ of GDP | -16.2% |
| 1982 | 0.0798 BoP, current US$ per US$ of GDP | -4.4% |
| 1983 | 0.0764 BoP, current US$ per US$ of GDP | -4.3% |
| 1984 | 0.1013 BoP, current US$ per US$ of GDP | +32.5% |
| 1985 | 0.0932 BoP, current US$ per US$ of GDP | -8.0% |
| 1986 | 0.0928 BoP, current US$ per US$ of GDP | -0.4% |
| 1987 | 0.1344 BoP, current US$ per US$ of GDP | +44.9% |
| 1988 | 0.1305 BoP, current US$ per US$ of GDP | -2.9% |
| 1989 | 0.1486 BoP, current US$ per US$ of GDP | +13.9% |
| 1990 | 0.1235 BoP, current US$ per US$ of GDP | -16.9% |
| 1991 | 0.1499 BoP, current US$ per US$ of GDP | +21.4% |
| 1992 | 0.1363 BoP, current US$ per US$ of GDP | -9.0% |
| 1993 | 0.1291 BoP, current US$ per US$ of GDP | -5.3% |
| 1994 | 0.1869 BoP, current US$ per US$ of GDP | +44.7% |
| 1995 | 0.197 BoP, current US$ per US$ of GDP | +5.4% |
| 1996 | 0.1596 BoP, current US$ per US$ of GDP | -19.0% |
| 1997 | 0.1548 BoP, current US$ per US$ of GDP | -3.0% |
| 1998 | 0.1582 BoP, current US$ per US$ of GDP | +2.2% |
| 1999 | 0.1754 BoP, current US$ per US$ of GDP | +10.9% |
| 2000 | 0.1826 BoP, current US$ per US$ of GDP | +4.1% |
| 2001 | 0.191 BoP, current US$ per US$ of GDP | +4.6% |
| 2002 | 0.2115 BoP, current US$ per US$ of GDP | +10.7% |
| 2003 | 0.1299 BoP, current US$ per US$ of GDP | -38.6% |
| 2004 | 0.1839 BoP, current US$ per US$ of GDP | +41.6% |
| 2005 | 0.2299 BoP, current US$ per US$ of GDP | +25.0% |
| 2006 | 0.2602 BoP, current US$ per US$ of GDP | +13.2% |
| 2007 | 0.2704 BoP, current US$ per US$ of GDP | +3.9% |
| 2008 | 0.2539 BoP, current US$ per US$ of GDP | -6.1% |
| 2009 | 0.208 BoP, current US$ per US$ of GDP | -18.1% |
| 2010 | 0.2222 BoP, current US$ per US$ of GDP | +6.8% |
| 2011 | 0.2393 BoP, current US$ per US$ of GDP | +7.7% |
| 2012 | 0.2508 BoP, current US$ per US$ of GDP | +4.8% |
| 2013 | 0.2561 BoP, current US$ per US$ of GDP | +2.1% |
| 2014 | 0.2867 BoP, current US$ per US$ of GDP | +12.0% |
| 2015 | 0.281 BoP, current US$ per US$ of GDP | -2.0% |
| 2016 | 0.2889 BoP, current US$ per US$ of GDP | +2.8% |
| 2017 | 0.3175 BoP, current US$ per US$ of GDP | +9.9% |
| 2018 | 0.3241 BoP, current US$ per US$ of GDP | +2.1% |
| 2019 | 0.2937 BoP, current US$ per US$ of GDP | -9.4% |
| 2020 | 0.2018 BoP, current US$ per US$ of GDP | -31.3% |
| 2021 | 0.2372 BoP, current US$ per US$ of GDP | +17.5% |
| 2022 | 0.3088 BoP, current US$ per US$ of GDP | +30.2% |
| 2023 | 0.2764 BoP, current US$ per US$ of GDP | -10.5% |
| 2024 | 0.2401 BoP, current US$ per US$ of GDP | -13.1% |
Madagascar compared with similar countries
- Madagascar's 0.2401 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.1928 BoP, current US$ per US$ of GDP, 1.2× the median. (22 countries reporting)
- Madagascar's 0.2401 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.2574 BoP, current US$ per US$ of GDP, 93% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1574 BoP, current US$ per US$ of GDP | 0.1415 BoP, current US$ per US$ of GDP | 0.1695 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.104 BoP, current US$ per US$ of GDP | 0.0764 BoP, current US$ per US$ of GDP | 0.1486 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1571 BoP, current US$ per US$ of GDP | 0.1235 BoP, current US$ per US$ of GDP | 0.197 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2121 BoP, current US$ per US$ of GDP | 0.1299 BoP, current US$ per US$ of GDP | 0.2704 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.276 BoP, current US$ per US$ of GDP | 0.2222 BoP, current US$ per US$ of GDP | 0.3241 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2529 BoP, current US$ per US$ of GDP | 0.2018 BoP, current US$ per US$ of GDP | 0.3088 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 157 Senegal 0.2509 BoP, current US$ per US$ of GDP compare
- 158 Dominican Republic 0.25 BoP, current US$ per US$ of GDP compare
- 159 Benin 0.2468 BoP, current US$ per US$ of GDP compare
- 161 Nigeria 0.2353 BoP, current US$ per US$ of GDP compare
- 162 Mali 0.2318 BoP, current US$ per US$ of GDP compare
- 163 India 0.2316 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, services and primary income (bop, current us$), per in Madagascar?
- Exports of goods, services and primary income (bop, current us$), per in Madagascar was 0.2401 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Madagascar?
- The highest recorded value was 0.3241 BoP, current US$ per US$ of GDP in 2018.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Madagascar?
- The lowest recorded value was 0.0764 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for exports of goods, services and primary income (bop, current us$), per?
- Madagascar ranks 160th out of 198 countries with data for 2024.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Madagascar?
- Over the last ten years it is down 16.3%. 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, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.