Goods imports (BoP, current US$) in Madagascar
Madagascar: Goods imports (BoP, current US$) was 4.52 billion BoP, current US$ in 2025. ◆ Volatile
Goods imports in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Madagascar is 4.52 billion BoP, current US$, measured in 2025. That is the highest value across all 52 years on record.
The figure is up 8.6% on the previous year and up 90.3% over ten years.
Over the whole period, goods imports in Madagascar peaked at 4.52 billion BoP, current US$ in 2025 and was at its lowest, 238.34 million BoP, current US$, in 1974.
Madagascar ranks 142nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 238.34 million BoP, current US$ | — |
| 1975 | 331.81 million BoP, current US$ | +39.2% |
| 1976 | 261.77 million BoP, current US$ | -21.1% |
| 1977 | 311.75 million BoP, current US$ | +19.1% |
| 1978 | 404.25 million BoP, current US$ | +29.7% |
| 1979 | 662.42 million BoP, current US$ | +63.9% |
| 1980 | 764.44 million BoP, current US$ | +15.4% |
| 1981 | 510.80 million BoP, current US$ | -33.2% |
| 1982 | 451.54 million BoP, current US$ | -11.6% |
| 1983 | 378.26 million BoP, current US$ | -16.2% |
| 1984 | 360.12 million BoP, current US$ | -4.8% |
| 1985 | 335.75 million BoP, current US$ | -6.8% |
| 1986 | 331.08 million BoP, current US$ | -1.4% |
| 1987 | 315.25 million BoP, current US$ | -4.8% |
| 1988 | 318.64 million BoP, current US$ | +1.1% |
| 1989 | 319.92 million BoP, current US$ | +0.4% |
| 1990 | 566.44 million BoP, current US$ | +77.1% |
| 1991 | 430.19 million BoP, current US$ | -24.1% |
| 1992 | 444.58 million BoP, current US$ | +3.3% |
| 1993 | 464.84 million BoP, current US$ | +4.6% |
| 1994 | 491.36 million BoP, current US$ | +5.7% |
| 1995 | 528.29 million BoP, current US$ | +7.5% |
| 1996 | 566.06 million BoP, current US$ | +7.1% |
| 1997 | 546.09 million BoP, current US$ | -3.5% |
| 1998 | 535.39 million BoP, current US$ | -2.0% |
| 1999 | 562.22 million BoP, current US$ | +5.0% |
| 2000 | 632.67 million BoP, current US$ | +12.5% |
| 2001 | 691.24 million BoP, current US$ | +9.3% |
| 2002 | 896.43 million BoP, current US$ | +29.7% |
| 2003 | 748.15 million BoP, current US$ | -16.5% |
| 2004 | 929.32 million BoP, current US$ | +24.2% |
| 2005 | 1.45 billion BoP, current US$ | +55.9% |
| 2006 | 1.53 billion BoP, current US$ | +5.8% |
| 2007 | 2.24 billion BoP, current US$ | +46.3% |
| 2008 | 3.21 billion BoP, current US$ | +43.2% |
| 2009 | 2.70 billion BoP, current US$ | -15.9% |
| 2010 | 2.20 billion BoP, current US$ | -18.8% |
| 2011 | 2.47 billion BoP, current US$ | +12.5% |
| 2012 | 2.63 billion BoP, current US$ | +6.5% |
| 2013 | 2.77 billion BoP, current US$ | +5.2% |
| 2014 | 2.74 billion BoP, current US$ | -0.9% |
| 2015 | 2.38 billion BoP, current US$ | -13.3% |
| 2016 | 2.43 billion BoP, current US$ | +2.2% |
| 2017 | 3.25 billion BoP, current US$ | +34.1% |
| 2018 | 3.49 billion BoP, current US$ | +7.3% |
| 2019 | 3.46 billion BoP, current US$ | -1.1% |
| 2020 | 2.85 billion BoP, current US$ | -17.6% |
| 2021 | 3.68 billion BoP, current US$ | +29.1% |
| 2022 | 4.52 billion BoP, current US$ | +22.8% |
| 2023 | 4.04 billion BoP, current US$ | -10.5% |
| 2024 | 4.16 billion BoP, current US$ | +2.9% |
| 2025 | 4.52 billion BoP, current US$ | +8.6% |
Madagascar compared with similar countries
- Madagascar's 4.52 billion BoP, current US$ is above the median for low income countries, which is 4.52 billion BoP, current US$, 1.0× the median. (23 countries reporting)
- Madagascar's 4.52 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 4.65 billion BoP, current US$, 97% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 368.39 million BoP, current US$ | 238.34 million BoP, current US$ | 662.42 million BoP, current US$ | 6 |
| 1980s | 408.58 million BoP, current US$ | 315.25 million BoP, current US$ | 764.44 million BoP, current US$ | 10 |
| 1990s | 513.55 million BoP, current US$ | 430.19 million BoP, current US$ | 566.44 million BoP, current US$ | 10 |
| 2000s | 1.50 billion BoP, current US$ | 632.67 million BoP, current US$ | 3.21 billion BoP, current US$ | 10 |
| 2010s | 2.78 billion BoP, current US$ | 2.20 billion BoP, current US$ | 3.49 billion BoP, current US$ | 10 |
| 2020s | 3.96 billion BoP, current US$ | 2.85 billion BoP, current US$ | 4.52 billion BoP, current US$ | 6 |
Countries ranked near Madagascar
- 139 Papua New Guinea 4.69 billion BoP, current US$ compare
- 140 Benin 4.65 billion BoP, current US$ compare
- 141 Bahamas 4.60 billion BoP, current US$ compare
- 143 Mauritania 4.32 billion BoP, current US$ compare
- 144 Haiti 4.27 billion BoP, current US$ compare
- 145 Djibouti 4.04 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 imports in Madagascar?
- Goods imports in Madagascar was 4.52 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 imports recorded in Madagascar?
- The highest recorded value was 4.52 billion BoP, current US$ in 2025.
- What is the lowest goods imports recorded in Madagascar?
- The lowest recorded value was 238.34 million BoP, current US$ in 1974.
- How does Madagascar rank for goods imports?
- Madagascar ranks 142nd out of 200 countries with data for 2025.
- Is goods imports rising or falling in Madagascar?
- Over the last ten years it is up 90.3%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, 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.