Goods exports (BoP, current US$) in Madagascar
Madagascar: Goods exports (BoP, current US$) was 2.48 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
2.48 billion BoP, current US$
Change on year
down 3.5%
World rank
139th
of 200 countries
All-time high
3.55 billion BoP, current US$
in 2022
All-time low
240.17 million BoP, current US$
in 1974
Years of data
52
1974–2025
Goods exports in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, goods exports in Madagascar stood at 2.48 billion BoP, current US$.
Compared with earlier readings it is down 3.5% on the previous year and up 21.4% over ten years.
Over the whole period, goods exports in Madagascar peaked at 3.55 billion BoP, current US$ in 2022 and was at its lowest, 240.17 million BoP, current US$, in 1974.
Madagascar ranks 139th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 240.17 million BoP, current US$ | — |
| 1975 | 319.53 million BoP, current US$ | +33.0% |
| 1976 | 289.01 million BoP, current US$ | -9.6% |
| 1977 | 350.66 million BoP, current US$ | +21.3% |
| 1978 | 405.00 million BoP, current US$ | +15.5% |
| 1979 | 413.78 million BoP, current US$ | +2.2% |
| 1980 | 436.44 million BoP, current US$ | +5.5% |
| 1981 | 331.91 million BoP, current US$ | -24.0% |
| 1982 | 327.22 million BoP, current US$ | -1.4% |
| 1983 | 309.93 million BoP, current US$ | -5.3% |
| 1984 | 337.14 million BoP, current US$ | +8.8% |
| 1985 | 291.29 million BoP, current US$ | -13.6% |
| 1986 | 322.99 million BoP, current US$ | +10.9% |
| 1987 | 326.50 million BoP, current US$ | +1.1% |
| 1988 | 284.50 million BoP, current US$ | -12.9% |
| 1989 | 321.33 million BoP, current US$ | +12.9% |
| 1990 | 317.61 million BoP, current US$ | -1.2% |
| 1991 | 335.10 million BoP, current US$ | +5.5% |
| 1992 | 326.25 million BoP, current US$ | -2.6% |
| 1993 | 334.56 million BoP, current US$ | +2.5% |
| 1994 | 449.70 million BoP, current US$ | +34.4% |
| 1995 | 504.92 million BoP, current US$ | +12.3% |
| 1996 | 487.52 million BoP, current US$ | -3.4% |
| 1997 | 325.78 million BoP, current US$ | -33.2% |
| 1998 | 336.75 million BoP, current US$ | +3.4% |
| 1999 | 393.58 million BoP, current US$ | +16.9% |
| 2000 | 416.35 million BoP, current US$ | +5.8% |
| 2001 | 533.28 million BoP, current US$ | +28.1% |
| 2002 | 500.91 million BoP, current US$ | -6.1% |
| 2003 | 449.48 million BoP, current US$ | -10.3% |
| 2004 | 449.30 million BoP, current US$ | -0.0% |
| 2005 | 830.78 million BoP, current US$ | +84.9% |
| 2006 | 968.90 million BoP, current US$ | +16.6% |
| 2007 | 1.24 billion BoP, current US$ | +27.9% |
| 2008 | 1.31 billion BoP, current US$ | +6.1% |
| 2009 | 1.05 billion BoP, current US$ | -19.8% |
| 2010 | 1.15 billion BoP, current US$ | +9.1% |
| 2011 | 1.47 billion BoP, current US$ | +28.1% |
| 2012 | 1.52 billion BoP, current US$ | +2.9% |
| 2013 | 1.82 billion BoP, current US$ | +20.2% |
| 2014 | 2.19 billion BoP, current US$ | +20.3% |
| 2015 | 2.05 billion BoP, current US$ | -6.7% |
| 2016 | 2.16 billion BoP, current US$ | +5.6% |
| 2017 | 2.80 billion BoP, current US$ | +29.8% |
| 2018 | 3.04 billion BoP, current US$ | +8.2% |
| 2019 | 2.61 billion BoP, current US$ | -14.0% |
| 2020 | 1.95 billion BoP, current US$ | -25.4% |
| 2021 | 2.71 billion BoP, current US$ | +39.0% |
| 2022 | 3.55 billion BoP, current US$ | +31.0% |
| 2023 | 3.09 billion BoP, current US$ | -12.8% |
| 2024 | 2.57 billion BoP, current US$ | -16.8% |
| 2025 | 2.48 billion BoP, current US$ | -3.5% |
Madagascar compared with similar countries
- Madagascar's 2.48 billion BoP, current US$ is above the median for low income countries, which is 1.55 billion BoP, current US$, 1.6× the median. (23 countries reporting)
- Madagascar's 2.48 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 4.01 billion BoP, current US$, 62% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 336.36 million BoP, current US$ | 240.17 million BoP, current US$ | 413.78 million BoP, current US$ | 6 |
| 1980s | 328.92 million BoP, current US$ | 284.50 million BoP, current US$ | 436.44 million BoP, current US$ | 10 |
| 1990s | 381.18 million BoP, current US$ | 317.61 million BoP, current US$ | 504.92 million BoP, current US$ | 10 |
| 2000s | 775.60 million BoP, current US$ | 416.35 million BoP, current US$ | 1.31 billion BoP, current US$ | 10 |
| 2010s | 2.08 billion BoP, current US$ | 1.15 billion BoP, current US$ | 3.04 billion BoP, current US$ | 10 |
| 2020s | 2.73 billion BoP, current US$ | 1.95 billion BoP, current US$ | 3.55 billion BoP, current US$ | 6 |
Countries ranked near Madagascar
- 136 Sudan 2.64 billion BoP, current US$ compare
- 137 Nepal 2.58 billion BoP, current US$ compare
- 138 San Marino 2.51 billion BoP, current US$ compare
- 140 Eswatini 2.48 billion BoP, current US$ compare
- 141 Mauritius 2.37 billion BoP, current US$ compare
- 142 Tajikistan 1.95 billion BoP, current US$ compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is goods exports in Madagascar?
- Goods exports in Madagascar was 2.48 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Madagascar?
- The highest recorded value was 3.55 billion BoP, current US$ in 2022.
- What is the lowest goods exports recorded in Madagascar?
- The lowest recorded value was 240.17 million BoP, current US$ in 1974.
- How does Madagascar rank for goods exports?
- Madagascar ranks 139th out of 200 countries with data for 2025.
- Is goods exports rising or falling in Madagascar?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.