External balance on goods and services (current LCU), annual growth in Madagascar

Madagascar: External balance on goods and services (current LCU), annual growth was -35.71 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-35.71 % change on previous year
Change on year
down 145.6%
World rank
151st
of 192 countries
All-time high
77.45 % change on previous year
in 2001
All-time low
-647.17 % change on previous year
in 2002
Years of data
65
1961–2025

External balance on goods and services (current LCU), annual growth in Madagascar, 1961–2025

-600-400-2000196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, external balance on goods and services (current lcu), annual growth in Madagascar stood at -35.71 % change on previous year.

That represents a change of down 145.6% on the previous year and down 464.4% over ten years.

Over the whole period, external balance on goods and services (current lcu), annual growth in Madagascar peaked at 77.45 % change on previous year in 2001 and was at its lowest, -647.17 % change on previous year, in 2002.

That places Madagascar 151st out of 192 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

External balance on goods and services (current LCU), annual growth in Madagascar, year by year

Annual values for External balance on goods and services (current LCU), annual growth rate in Madagascar, 1961 to 2025.
Year % change on previous year Change
1961 22.84 % change on previous year
1962 0.0911 % change on previous year -99.6%
1963 -58.58 % change on previous year -64417.0%
1964 2.02 % change on previous year -103.5%
1965 -6.43 % change on previous year -418.2%
1966 6.08 % change on previous year -194.5%
1967 28.2 % change on previous year +364.0%
1968 -36.25 % change on previous year -228.6%
1969 -6.93 % change on previous year -80.9%
1970 45.43 % change on previous year -756.0%
1971 -192.13 % change on previous year -522.9%
1972 37.25 % change on previous year -119.4%
1973 -24.29 % change on previous year -165.2%
1974 -26.62 % change on previous year +9.6%
1975 -13.93 % change on previous year -47.7%
1976 49.99 % change on previous year -459.0%
1977 -69.69 % change on previous year -239.4%
1978 -99.21 % change on previous year +42.4%
1979 -179.99 % change on previous year +81.4%
1980 15.7 % change on previous year -108.7%
1981 24.23 % change on previous year +54.3%
1982 -0.1438 % change on previous year -100.6%
1983 19.02 % change on previous year -13328.1%
1984 34.12 % change on previous year +79.3%
1985 -67.9 % change on previous year -299.0%
1986 18.39 % change on previous year -127.1%
1987 -16.65 % change on previous year -190.5%
1988 -135.03 % change on previous year +711.0%
1989 64.18 % change on previous year -147.5%
1990 -629.09 % change on previous year -1080.2%
1991 41.62 % change on previous year -106.6%
1992 -26.67 % change on previous year -164.1%
1993 -41.45 % change on previous year +55.4%
1994 6.8 % change on previous year -116.4%
1995 -46.43 % change on previous year -782.4%
1996 34.07 % change on previous year -173.4%
1997 -171.23 % change on previous year -602.6%
1998 -8.44 % change on previous year -95.1%
1999 -5.35 % change on previous year -36.6%
2000 -24.99 % change on previous year +367.2%
2001 77.45 % change on previous year -410.0%
2002 -647.17 % change on previous year -935.6%
2003 -9.43 % change on previous year -98.5%
2004 -78.07 % change on previous year +728.3%
2005 -31.92 % change on previous year -59.1%
2006 20.67 % change on previous year -164.8%
2007 -81.7 % change on previous year -495.2%
2008 -95.57 % change on previous year +17.0%
2009 -17.4 % change on previous year -81.8%
2010 27.67 % change on previous year -259.0%
2011 12.34 % change on previous year -55.4%
2012 10.58 % change on previous year -14.3%
2013 -16.58 % change on previous year -256.7%
2014 39.31 % change on previous year -337.1%
2015 9.8 % change on previous year -75.1%
2016 32.37 % change on previous year +230.3%
2017 -45.68 % change on previous year -241.1%
2018 -50.65 % change on previous year +10.9%
2019 -34.15 % change on previous year -32.6%
2020 -46.95 % change on previous year +37.5%
2021 -15.11 % change on previous year -67.8%
2022 -19.59 % change on previous year +29.6%
2023 -11.44 % change on previous year -41.6%
2024 -14.54 % change on previous year +27.1%
2025 -35.71 % change on previous year +145.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s -5.44 % change on previous year -58.58 % change on previous year 28.2 % change on previous year 9
1970s -47.32 % change on previous year -192.13 % change on previous year 49.99 % change on previous year 10
1980s -4.41 % change on previous year -135.03 % change on previous year 64.18 % change on previous year 10
1990s -84.62 % change on previous year -629.09 % change on previous year 41.62 % change on previous year 10
2000s -88.81 % change on previous year -647.17 % change on previous year 77.45 % change on previous year 10
2010s -1.5 % change on previous year -50.65 % change on previous year 39.31 % change on previous year 10
2020s -23.89 % change on previous year -46.95 % change on previous year -11.44 % change on previous year 6

Countries ranked near Madagascar

  1. 148 Russian Federation -33.51 % change on previous year compare
  2. 149 Antigua and Barbuda -34.48 % change on previous year compare
  3. 150 Germany -35.58 % change on previous year compare
  4. 152 Tajikistan -37.65 % change on previous year compare
  5. 153 Tunisia -39.51 % change on previous year compare
  6. 154 Ethiopia -39.64 % change on previous year compare

See the full ranking of 192 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is external balance on goods and services (current lcu), annual growth in Madagascar?
External balance on goods and services (current lcu), annual growth in Madagascar was -35.71 % change on previous year in 2025, according to Statizoid (derived).
What is the highest external balance on goods and services (current lcu), annual growth recorded in Madagascar?
The highest recorded value was 77.45 % change on previous year in 2001.
What is the lowest external balance on goods and services (current lcu), annual growth recorded in Madagascar?
The lowest recorded value was -647.17 % change on previous year in 2002.
How does Madagascar rank for external balance on goods and services (current lcu), annual growth?
Madagascar ranks 151st out of 192 countries with data for 2025.
Is external balance on goods and services (current lcu), annual growth rising or falling in Madagascar?
Over the last ten years it is down 464.4%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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External balance on goods and services (current LCU), annual growth in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-current-lcu-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
External balance on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,589 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.