ICT service exports in Madagascar
Madagascar: ICT service exports was 294.41 million BoP, current US$ in 2024. ◆ Volatile
ICT service exports in Madagascar, 1991–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Madagascar recorded 294.41 million BoP, current US$ for ict service exports in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 14.3% on the previous year and up 337.5% over ten years.
Over the whole period, ict service exports in Madagascar peaked at 294.41 million BoP, current US$ in 2024 and was at its lowest, 388,417 BoP, current US$, in 2002.
That places Madagascar 87th out of 189 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1991 | 5.06 million BoP, current US$ | — |
| 1992 | 4.65 million BoP, current US$ | -8.2% |
| 1993 | 9.49 million BoP, current US$ | +104.4% |
| 1994 | 6.44 million BoP, current US$ | -32.1% |
| 1995 | 4.40 million BoP, current US$ | -31.7% |
| 1996 | 4.79 million BoP, current US$ | +8.9% |
| 1997 | 7.56 million BoP, current US$ | +57.8% |
| 1998 | 8.39 million BoP, current US$ | +10.9% |
| 1999 | 6.70 million BoP, current US$ | -20.1% |
| 2000 | 6.47 million BoP, current US$ | -3.5% |
| 2001 | 8.38 million BoP, current US$ | +29.5% |
| 2002 | 388,417 BoP, current US$ | -95.4% |
| 2003 | 6.78 million BoP, current US$ | +1646.3% |
| 2004 | 3.96 million BoP, current US$ | -41.6% |
| 2005 | 2.10 million BoP, current US$ | -46.9% |
| 2006 | 8.35 million BoP, current US$ | +297.3% |
| 2007 | 46.14 million BoP, current US$ | +452.3% |
| 2008 | 35.43 million BoP, current US$ | -23.2% |
| 2009 | 13.85 million BoP, current US$ | -60.9% |
| 2010 | 22.81 million BoP, current US$ | +64.6% |
| 2011 | 37.90 million BoP, current US$ | +66.2% |
| 2012 | 48.53 million BoP, current US$ | +28.0% |
| 2013 | 55.05 million BoP, current US$ | +13.5% |
| 2014 | 67.29 million BoP, current US$ | +22.2% |
| 2015 | 78.48 million BoP, current US$ | +16.6% |
| 2016 | 73.49 million BoP, current US$ | -6.4% |
| 2017 | 95.33 million BoP, current US$ | +29.7% |
| 2018 | 122.20 million BoP, current US$ | +28.2% |
| 2019 | 129.00 million BoP, current US$ | +5.6% |
| 2020 | 159.05 million BoP, current US$ | +23.3% |
| 2021 | 216.29 million BoP, current US$ | +36.0% |
| 2022 | 238.54 million BoP, current US$ | +10.3% |
| 2023 | 257.47 million BoP, current US$ | +7.9% |
| 2024 | 294.41 million BoP, current US$ | +14.3% |
Madagascar compared with similar countries
- Madagascar's 294.41 million BoP, current US$ is above the median for low income countries, which is 42.59 million BoP, current US$, 6.9× the median. (19 countries reporting)
- Madagascar's 294.41 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 30.24 million BoP, current US$, 9.7× the median. (42 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1646.3% | 388,417 BoP, current US$ | 6.78 million BoP, current US$ |
| 2007 | +452.3% | 8.35 million BoP, current US$ | 46.14 million BoP, current US$ |
| 2006 | +297.3% | 2.10 million BoP, current US$ | 8.35 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.39 million BoP, current US$ | 4.40 million BoP, current US$ | 9.49 million BoP, current US$ | 9 |
| 2000s | 13.19 million BoP, current US$ | 388,417 BoP, current US$ | 46.14 million BoP, current US$ | 10 |
| 2010s | 73.01 million BoP, current US$ | 22.81 million BoP, current US$ | 129.00 million BoP, current US$ | 10 |
| 2020s | 233.15 million BoP, current US$ | 159.05 million BoP, current US$ | 294.41 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 84 Oman 393.43 million BoP, current US$ compare
- 85 Kyrgyzstan 383.41 million BoP, current US$ compare
- 86 Albania 294.60 million BoP, current US$ compare
- 88 Cambodia 253.44 million BoP, current US$ compare
- 89 Nicaragua 252.30 million BoP, current US$ compare
- 90 Montenegro 193.62 million BoP, current US$ 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 ict service exports in Madagascar?
- Ict service exports in Madagascar was 294.41 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Madagascar?
- The highest recorded value was 294.41 million BoP, current US$ in 2024.
- What is the lowest ict service exports recorded in Madagascar?
- The lowest recorded value was 388,417 BoP, current US$ in 2002.
- How does Madagascar rank for ict service exports?
- Madagascar ranks 87th out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Madagascar?
- Over the last ten years it is up 337.5%. 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 ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.