Imports of goods and services (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Imports of goods and services (BoP, current US$), per unit of GDP was 0.3087 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.3087 BoP, current US$ per US$ of GDP
Change on year
down 6.6%
World rank
147th
of 199 countries
All-time high
0.4433 BoP, current US$ per US$ of GDP
in 2008
All-time low
0.1175 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Imports of goods and services (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, imports of goods and services (bop, current us$), per unit of gdp in Madagascar stood at 0.3087 BoP, current US$ per US$ of GDP.
The figure is down 6.6% on the previous year and down 3.7% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Madagascar peaked at 0.4433 BoP, current US$ per US$ of GDP in 2008 and was at its lowest, 0.1175 BoP, current US$ per US$ of GDP, in 1983.
Madagascar ranks 147th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.1803 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.2102 BoP, current US$ per US$ of GDP | +16.6% |
| 1976 | 0.1803 BoP, current US$ per US$ of GDP | -14.2% |
| 1977 | 0.19 BoP, current US$ per US$ of GDP | +5.3% |
| 1978 | 0.2147 BoP, current US$ per US$ of GDP | +13.0% |
| 1979 | 0.2682 BoP, current US$ per US$ of GDP | +24.9% |
| 1980 | 0.2067 BoP, current US$ per US$ of GDP | -22.9% |
| 1981 | 0.1544 BoP, current US$ per US$ of GDP | -25.3% |
| 1982 | 0.1362 BoP, current US$ per US$ of GDP | -11.8% |
| 1983 | 0.1175 BoP, current US$ per US$ of GDP | -13.7% |
| 1984 | 0.132 BoP, current US$ per US$ of GDP | +12.3% |
| 1985 | 0.1323 BoP, current US$ per US$ of GDP | +0.2% |
| 1986 | 0.1233 BoP, current US$ per US$ of GDP | -6.8% |
| 1987 | 0.1686 BoP, current US$ per US$ of GDP | +36.7% |
| 1988 | 0.1783 BoP, current US$ per US$ of GDP | +5.8% |
| 1989 | 0.173 BoP, current US$ per US$ of GDP | -3.0% |
| 1990 | 0.2057 BoP, current US$ per US$ of GDP | +18.9% |
| 1991 | 0.2086 BoP, current US$ per US$ of GDP | +1.4% |
| 1992 | 0.1968 BoP, current US$ per US$ of GDP | -5.7% |
| 1993 | 0.2009 BoP, current US$ per US$ of GDP | +2.1% |
| 1994 | 0.2482 BoP, current US$ per US$ of GDP | +23.5% |
| 1995 | 0.2571 BoP, current US$ per US$ of GDP | +3.6% |
| 1996 | 0.1988 BoP, current US$ per US$ of GDP | -22.7% |
| 1997 | 0.2186 BoP, current US$ per US$ of GDP | +9.9% |
| 1998 | 0.2206 BoP, current US$ per US$ of GDP | +0.9% |
| 1999 | 0.2381 BoP, current US$ per US$ of GDP | +7.9% |
| 2000 | 0.2494 BoP, current US$ per US$ of GDP | +4.8% |
| 2001 | 0.2211 BoP, current US$ per US$ of GDP | -11.4% |
| 2002 | 0.2991 BoP, current US$ per US$ of GDP | +35.3% |
| 2003 | 0.2144 BoP, current US$ per US$ of GDP | -28.3% |
| 2004 | 0.3091 BoP, current US$ per US$ of GDP | +44.2% |
| 2005 | 0.367 BoP, current US$ per US$ of GDP | +18.7% |
| 2006 | 0.365 BoP, current US$ per US$ of GDP | -0.6% |
| 2007 | 0.399 BoP, current US$ per US$ of GDP | +9.3% |
| 2008 | 0.4433 BoP, current US$ per US$ of GDP | +11.1% |
| 2009 | 0.4065 BoP, current US$ per US$ of GDP | -8.3% |
| 2010 | 0.3418 BoP, current US$ per US$ of GDP | -15.9% |
| 2011 | 0.3306 BoP, current US$ per US$ of GDP | -3.3% |
| 2012 | 0.3389 BoP, current US$ per US$ of GDP | +2.5% |
| 2013 | 0.3345 BoP, current US$ per US$ of GDP | -1.3% |
| 2014 | 0.3207 BoP, current US$ per US$ of GDP | -4.1% |
| 2015 | 0.31 BoP, current US$ per US$ of GDP | -3.3% |
| 2016 | 0.3009 BoP, current US$ per US$ of GDP | -2.9% |
| 2017 | 0.3408 BoP, current US$ per US$ of GDP | +13.3% |
| 2018 | 0.3504 BoP, current US$ per US$ of GDP | +2.8% |
| 2019 | 0.3321 BoP, current US$ per US$ of GDP | -5.2% |
| 2020 | 0.2849 BoP, current US$ per US$ of GDP | -14.2% |
| 2021 | 0.3322 BoP, current US$ per US$ of GDP | +16.6% |
| 2022 | 0.3946 BoP, current US$ per US$ of GDP | +18.8% |
| 2023 | 0.3307 BoP, current US$ per US$ of GDP | -16.2% |
| 2024 | 0.3087 BoP, current US$ per US$ of GDP | -6.6% |
Madagascar compared with similar countries
- Madagascar's 0.3087 BoP, current US$ per US$ of GDP is below the median for low income countries, which is 0.3312 BoP, current US$ per US$ of GDP, 93% of the median. (22 countries reporting)
- Madagascar's 0.3087 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.345 BoP, current US$ per US$ of GDP, 89% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2073 BoP, current US$ per US$ of GDP | 0.1803 BoP, current US$ per US$ of GDP | 0.2682 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.1522 BoP, current US$ per US$ of GDP | 0.1175 BoP, current US$ per US$ of GDP | 0.2067 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2193 BoP, current US$ per US$ of GDP | 0.1968 BoP, current US$ per US$ of GDP | 0.2571 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.3274 BoP, current US$ per US$ of GDP | 0.2144 BoP, current US$ per US$ of GDP | 0.4433 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3301 BoP, current US$ per US$ of GDP | 0.3009 BoP, current US$ per US$ of GDP | 0.3504 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.3302 BoP, current US$ per US$ of GDP | 0.2849 BoP, current US$ per US$ of GDP | 0.3946 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 144 Egypt 0.3151 BoP, current US$ per US$ of GDP compare
- 145 Benin 0.3146 BoP, current US$ per US$ of GDP compare
- 146 Guatemala 0.3143 BoP, current US$ per US$ of GDP compare
- 148 Qatar 0.3045 BoP, current US$ per US$ of GDP compare
- 149 Chile 0.3035 BoP, current US$ per US$ of GDP compare
- 150 Italy 0.3033 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 imports of goods and services (bop, current us$), per unit of gdp in Madagascar?
- Imports of goods and services (bop, current us$), per unit of gdp in Madagascar was 0.3087 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.4433 BoP, current US$ per US$ of GDP in 2008.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.1175 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for imports of goods and services (bop, current us$), per unit of gdp?
- Madagascar ranks 147th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 3.7%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.