External balance on goods and services in Madagascar
Madagascar: External balance on goods and services was -5.11 trillion constant LCU in 2025. βΌ Falling
External balance on goods and services in Madagascar, 2007β2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Madagascar is -5.11 trillion constant LCU, measured in 2025. That is the lowest value across all 19 years on record.
That represents a change of down 12.1% on the previous year and down 146.7% over ten years.
Over the whole period, external balance on goods and services in Madagascar peaked at -1.52 trillion constant LCU in 2014 and was at its lowest, -5.11 trillion constant LCU, in 2025.
That places Madagascar 151st out of 161 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.84 trillion constant LCU | -3.52 trillion constant LCU | -1.77 trillion constant LCU | 3 |
| 2010s | -2.34 trillion constant LCU | -2.78 trillion constant LCU | -1.52 trillion constant LCU | 10 |
| 2020s | -3.90 trillion constant LCU | -5.11 trillion constant LCU | -2.79 trillion constant LCU | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (2025)
Frequently asked questions
- What is external balance on goods and services in Madagascar?
- External balance on goods and services in Madagascar was -5.11 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Madagascar?
- The highest recorded value was -1.52 trillion constant LCU in 2014.
- What is the lowest external balance on goods and services recorded in Madagascar?
- The lowest recorded value was -5.11 trillion constant LCU in 2025.
- How does Madagascar rank for external balance on goods and services?
- Madagascar ranks 151st out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Madagascar?
- Over the last ten years it is down 146.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.