ICT service exports (BoP, current US$), annual growth rate in Madagascar
Madagascar: ICT service exports (BoP, current US$), annual growth rate was 14.34 % change on previous year in 2024. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Madagascar, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, ict service exports (bop, current us$), annual growth rate in Madagascar stood at 14.34 % change on previous year.
Compared with earlier readings it is up 80.7% on the previous year and down 35.5% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Madagascar peaked at 452.3 % change on previous year in 2007 and was at its lowest, -95.36 % change on previous year, in 2002.
Madagascar ranks 58th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -8.21 % change on previous year | — |
| 1993 | 104.35 % change on previous year | -1370.7% |
| 1994 | -32.15 % change on previous year | -130.8% |
| 1995 | -31.69 % change on previous year | -1.4% |
| 1996 | 8.89 % change on previous year | -128.1% |
| 1997 | 57.83 % change on previous year | +550.2% |
| 1998 | 10.91 % change on previous year | -81.1% |
| 1999 | -20.12 % change on previous year | -284.4% |
| 2000 | -3.49 % change on previous year | -82.7% |
| 2001 | 29.54 % change on previous year | -947.4% |
| 2002 | -95.36 % change on previous year | -422.8% |
| 2004 | -41.61 % change on previous year | -56.4% |
| 2005 | -46.91 % change on previous year | +12.7% |
| 2006 | 297.32 % change on previous year | -733.8% |
| 2007 | 452.3 % change on previous year | +52.1% |
| 2008 | -23.23 % change on previous year | -105.1% |
| 2009 | -60.89 % change on previous year | +162.2% |
| 2010 | 64.64 % change on previous year | -206.1% |
| 2011 | 66.16 % change on previous year | +2.4% |
| 2012 | 28.04 % change on previous year | -57.6% |
| 2013 | 13.45 % change on previous year | -52.0% |
| 2014 | 22.23 % change on previous year | +65.3% |
| 2015 | 16.63 % change on previous year | -25.2% |
| 2016 | -6.36 % change on previous year | -138.2% |
| 2017 | 29.72 % change on previous year | -567.5% |
| 2018 | 28.19 % change on previous year | -5.2% |
| 2019 | 5.56 % change on previous year | -80.3% |
| 2020 | 23.29 % change on previous year | +318.6% |
| 2021 | 35.99 % change on previous year | +54.5% |
| 2022 | 10.28 % change on previous year | -71.4% |
| 2023 | 7.94 % change on previous year | -22.8% |
| 2024 | 14.34 % change on previous year | +80.7% |
Madagascar compared with similar countries
- Madagascar's 14.34 % change on previous year is above the median for low income countries, which is 1.89 % change on previous year, 7.6× the median. (19 countries reporting)
- Madagascar's 14.34 % change on previous year is above the median for Sub-Saharan Africa, which is 0.4604 % change on previous year, 31.2× the median. (42 countries reporting)
Biggest year-on-year movements
Years where ICT service exports (BoP, current US$), annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1370.7% | -8.21 % change on previous year | 104.35 % change on previous year |
| 2001 | +947.4% | -3.49 % change on previous year | 29.54 % change on previous year |
| 2006 | +733.8% | -46.91 % change on previous year | 297.32 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.23 % change on previous year | -32.15 % change on previous year | 104.35 % change on previous year | 8 |
| 2000s | 56.41 % change on previous year | -95.36 % change on previous year | 452.3 % change on previous year | 9 |
| 2010s | 26.83 % change on previous year | -6.36 % change on previous year | 66.16 % change on previous year | 10 |
| 2020s | 18.37 % change on previous year | 7.94 % change on previous year | 35.99 % change on previous year | 5 |
Countries ranked near Madagascar
- 55 Comoros 14.81 % change on previous year compare
- 56 Guinea-Bissau 14.8 % change on previous year compare
- 57 Malaysia 14.69 % change on previous year compare
- 59 Kuwait 14.28 % change on previous year compare
- 60 South Korea 13.34 % change on previous year compare
- 61 Czechia 13.32 % change on previous year compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is ict service exports (bop, current us$), annual growth rate in Madagascar?
- Ict service exports (bop, current us$), annual growth rate in Madagascar was 14.34 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 452.3 % change on previous year in 2007.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -95.36 % change on previous year in 2002.
- How does Madagascar rank for ict service exports (bop, current us$), annual growth rate?
- Madagascar ranks 58th out of 189 countries with data for 2024.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 35.5%. 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 ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.