Goods exports (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Goods exports (BoP, current US$), per unit of GDP was 0.1464 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.1464 BoP, current US$ per US$ of GDP
Change on year
down 24.1%
World rank
135th
of 199 countries
All-time high
0.2312 BoP, current US$ per US$ of GDP
in 2022
All-time low
0.0661 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Goods exports (BoP, current US$), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, goods exports (bop, current us$), per unit of gdp in Madagascar stood at 0.1464 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 24.1% on the previous year and down 16.4% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Madagascar peaked at 0.2312 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.0661 BoP, current US$ per US$ of GDP, in 1983.
That places Madagascar 135th 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.
Goods exports (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.1253 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.14 BoP, current US$ per US$ of GDP | +11.7% |
| 1976 | 0.1325 BoP, current US$ per US$ of GDP | -5.4% |
| 1977 | 0.1487 BoP, current US$ per US$ of GDP | +12.2% |
| 1978 | 0.1517 BoP, current US$ per US$ of GDP | +2.0% |
| 1979 | 0.1195 BoP, current US$ per US$ of GDP | -21.2% |
| 1980 | 0.0839 BoP, current US$ per US$ of GDP | -29.8% |
| 1981 | 0.0697 BoP, current US$ per US$ of GDP | -16.9% |
| 1982 | 0.0684 BoP, current US$ per US$ of GDP | -1.9% |
| 1983 | 0.0661 BoP, current US$ per US$ of GDP | -3.3% |
| 1984 | 0.0863 BoP, current US$ per US$ of GDP | +30.5% |
| 1985 | 0.0766 BoP, current US$ per US$ of GDP | -11.3% |
| 1986 | 0.0743 BoP, current US$ per US$ of GDP | -3.0% |
| 1987 | 0.1016 BoP, current US$ per US$ of GDP | +36.8% |
| 1988 | 0.0892 BoP, current US$ per US$ of GDP | -12.2% |
| 1989 | 0.1012 BoP, current US$ per US$ of GDP | +13.4% |
| 1990 | 0.0808 BoP, current US$ per US$ of GDP | -20.2% |
| 1991 | 0.103 BoP, current US$ per US$ of GDP | +27.4% |
| 1992 | 0.0878 BoP, current US$ per US$ of GDP | -14.7% |
| 1993 | 0.0823 BoP, current US$ per US$ of GDP | -6.2% |
| 1994 | 0.1277 BoP, current US$ per US$ of GDP | +55.1% |
| 1995 | 0.1316 BoP, current US$ per US$ of GDP | +3.0% |
| 1996 | 0.0989 BoP, current US$ per US$ of GDP | -24.9% |
| 1997 | 0.0764 BoP, current US$ per US$ of GDP | -22.7% |
| 1998 | 0.0765 BoP, current US$ per US$ of GDP | +0.1% |
| 1999 | 0.092 BoP, current US$ per US$ of GDP | +20.3% |
| 2000 | 0.0899 BoP, current US$ per US$ of GDP | -2.2% |
| 2001 | 0.0981 BoP, current US$ per US$ of GDP | +9.0% |
| 2002 | 0.0936 BoP, current US$ per US$ of GDP | -4.5% |
| 2003 | 0.0705 BoP, current US$ per US$ of GDP | -24.6% |
| 2004 | 0.0887 BoP, current US$ per US$ of GDP | +25.8% |
| 2005 | 0.1418 BoP, current US$ per US$ of GDP | +59.8% |
| 2006 | 0.1515 BoP, current US$ per US$ of GDP | +6.8% |
| 2007 | 0.1453 BoP, current US$ per US$ of GDP | -4.1% |
| 2008 | 0.1226 BoP, current US$ per US$ of GDP | -15.7% |
| 2009 | 0.1096 BoP, current US$ per US$ of GDP | -10.6% |
| 2010 | 0.1152 BoP, current US$ per US$ of GDP | +5.1% |
| 2011 | 0.1275 BoP, current US$ per US$ of GDP | +10.7% |
| 2012 | 0.1309 BoP, current US$ per US$ of GDP | +2.7% |
| 2013 | 0.1466 BoP, current US$ per US$ of GDP | +12.0% |
| 2014 | 0.1751 BoP, current US$ per US$ of GDP | +19.4% |
| 2015 | 0.1807 BoP, current US$ per US$ of GDP | +3.2% |
| 2016 | 0.1823 BoP, current US$ per US$ of GDP | +0.9% |
| 2017 | 0.2128 BoP, current US$ per US$ of GDP | +16.7% |
| 2018 | 0.2206 BoP, current US$ per US$ of GDP | +3.7% |
| 2019 | 0.1852 BoP, current US$ per US$ of GDP | -16.1% |
| 2020 | 0.1493 BoP, current US$ per US$ of GDP | -19.4% |
| 2021 | 0.1886 BoP, current US$ per US$ of GDP | +26.4% |
| 2022 | 0.2312 BoP, current US$ per US$ of GDP | +22.6% |
| 2023 | 0.1929 BoP, current US$ per US$ of GDP | -16.6% |
| 2024 | 0.1464 BoP, current US$ per US$ of GDP | -24.1% |
Madagascar compared with similar countries
- Madagascar's 0.1464 BoP, current US$ per US$ of GDP is below the median for low income countries, which is 0.1487 BoP, current US$ per US$ of GDP, 98% of the median. (22 countries reporting)
- Madagascar's 0.1464 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.2012 BoP, current US$ per US$ of GDP, 73% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1362 BoP, current US$ per US$ of GDP | 0.1195 BoP, current US$ per US$ of GDP | 0.1517 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.0817 BoP, current US$ per US$ of GDP | 0.0661 BoP, current US$ per US$ of GDP | 0.1016 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0957 BoP, current US$ per US$ of GDP | 0.0764 BoP, current US$ per US$ of GDP | 0.1316 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1112 BoP, current US$ per US$ of GDP | 0.0705 BoP, current US$ per US$ of GDP | 0.1515 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1677 BoP, current US$ per US$ of GDP | 0.1152 BoP, current US$ per US$ of GDP | 0.2206 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1817 BoP, current US$ per US$ of GDP | 0.1464 BoP, current US$ per US$ of GDP | 0.2312 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 132 El Salvador 0.1512 BoP, current US$ per US$ of GDP compare
- 133 Gambia 0.1511 BoP, current US$ per US$ of GDP compare
- 134 Bolivia 0.1476 BoP, current US$ per US$ of GDP compare
- 136 Myanmar 0.1444 BoP, current US$ per US$ of GDP compare
- 137 Sint Maarten (Dutch part) 0.137 BoP, current US$ per US$ of GDP compare
- 138 Belize 0.1331 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 goods exports (bop, current us$), per unit of gdp in Madagascar?
- Goods exports (bop, current us$), per unit of gdp in Madagascar was 0.1464 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.2312 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0661 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for goods exports (bop, current us$), per unit of gdp?
- Madagascar ranks 135th out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 16.4%. 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 Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.