Imports of goods, services and primary income in Madagascar
Madagascar: Imports of goods, services and primary income was 6.07 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods, services and primary income in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Madagascar recorded 6.07 billion BoP, current US$ for imports of goods, services and primary income in 2024.
That represents a change of up 4.8% on the previous year and up 38.1% over ten years.
Over the whole period, imports of goods, services and primary income in Madagascar peaked at 6.52 billion BoP, current US$ in 2022 and was at its lowest, 370.87 million BoP, current US$, in 1974.
Madagascar ranks 145th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 370.87 million BoP, current US$ | — |
| 1975 | 502.17 million BoP, current US$ | +35.4% |
| 1976 | 413.94 million BoP, current US$ | -17.6% |
| 1977 | 455.92 million BoP, current US$ | +10.1% |
| 1978 | 584.88 million BoP, current US$ | +28.3% |
| 1979 | 958.58 million BoP, current US$ | +63.9% |
| 1980 | 1.12 billion BoP, current US$ | +17.0% |
| 1981 | 827.18 million BoP, current US$ | -26.2% |
| 1982 | 752.39 million BoP, current US$ | -9.0% |
| 1983 | 671.51 million BoP, current US$ | -10.8% |
| 1984 | 666.47 million BoP, current US$ | -0.8% |
| 1985 | 636.17 million BoP, current US$ | -4.5% |
| 1986 | 696.67 million BoP, current US$ | +9.5% |
| 1987 | 725.67 million BoP, current US$ | +4.2% |
| 1988 | 761.34 million BoP, current US$ | +4.9% |
| 1989 | 757.01 million BoP, current US$ | -0.6% |
| 1990 | 984.59 million BoP, current US$ | +30.1% |
| 1991 | 844.52 million BoP, current US$ | -14.2% |
| 1992 | 883.68 million BoP, current US$ | +4.6% |
| 1993 | 970.30 million BoP, current US$ | +9.8% |
| 1994 | 1.03 billion BoP, current US$ | +6.4% |
| 1995 | 1.16 billion BoP, current US$ | +12.5% |
| 1996 | 1.15 billion BoP, current US$ | -1.0% |
| 1997 | 1.05 billion BoP, current US$ | -8.9% |
| 1998 | 1.07 billion BoP, current US$ | +2.6% |
| 1999 | 1.08 billion BoP, current US$ | +0.7% |
| 2000 | 1.22 billion BoP, current US$ | +12.7% |
| 2001 | 1.31 billion BoP, current US$ | +7.3% |
| 2002 | 1.78 billion BoP, current US$ | +35.9% |
| 2003 | 1.46 billion BoP, current US$ | -17.9% |
| 2004 | 1.66 billion BoP, current US$ | +13.4% |
| 2005 | 2.29 billion BoP, current US$ | +38.7% |
| 2006 | 2.51 billion BoP, current US$ | +9.4% |
| 2007 | 3.54 billion BoP, current US$ | +40.9% |
| 2008 | 4.92 billion BoP, current US$ | +38.9% |
| 2009 | 4.09 billion BoP, current US$ | -16.8% |
| 2010 | 3.65 billion BoP, current US$ | -10.7% |
| 2011 | 4.12 billion BoP, current US$ | +12.9% |
| 2012 | 4.35 billion BoP, current US$ | +5.4% |
| 2013 | 4.61 billion BoP, current US$ | +6.1% |
| 2014 | 4.40 billion BoP, current US$ | -4.7% |
| 2015 | 3.97 billion BoP, current US$ | -9.8% |
| 2016 | 4.07 billion BoP, current US$ | +2.5% |
| 2017 | 4.94 billion BoP, current US$ | +21.6% |
| 2018 | 5.33 billion BoP, current US$ | +7.9% |
| 2019 | 5.24 billion BoP, current US$ | -1.8% |
| 2020 | 4.15 billion BoP, current US$ | -20.8% |
| 2021 | 5.12 billion BoP, current US$ | +23.5% |
| 2022 | 6.52 billion BoP, current US$ | +27.4% |
| 2023 | 5.79 billion BoP, current US$ | -11.2% |
| 2024 | 6.07 billion BoP, current US$ | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 547.72 million BoP, current US$ | 370.87 million BoP, current US$ | 958.58 million BoP, current US$ | 6 |
| 1980s | 761.58 million BoP, current US$ | 636.17 million BoP, current US$ | 1.12 billion BoP, current US$ | 10 |
| 1990s | 1.02 billion BoP, current US$ | 844.52 million BoP, current US$ | 1.16 billion BoP, current US$ | 10 |
| 2000s | 2.48 billion BoP, current US$ | 1.22 billion BoP, current US$ | 4.92 billion BoP, current US$ | 10 |
| 2010s | 4.47 billion BoP, current US$ | 3.65 billion BoP, current US$ | 5.33 billion BoP, current US$ | 10 |
| 2020s | 5.53 billion BoP, current US$ | 4.15 billion BoP, current US$ | 6.52 billion BoP, current US$ | 5 |
Countries ranked near Madagascar
- 142 Montenegro 6.68 billion BoP, current US$ compare
- 143 Maldives 6.20 billion BoP, current US$ compare
- 144 Congo 6.20 billion BoP, current US$ compare
- 146 Suriname 5.89 billion BoP, current US$ compare
- 147 Mauritania 5.64 billion BoP, current US$ compare
- 148 Gabon 5.26 billion BoP, current US$ compare
More economy & growth data for Madagascar
- Total reserves minus gold (current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1583 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 87.11 current US$ per person (2024)
- General government final consumption expenditure (current US$) 10.36 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1461 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 87.56 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 10.46 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 661.88 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 396,644 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) -4.59 % change on previous year (2025)
Frequently asked questions
- What is imports of goods, services and primary income in Madagascar?
- Imports of goods, services and primary income in Madagascar was 6.07 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Madagascar?
- The highest recorded value was 6.52 billion BoP, current US$ in 2022.
- What is the lowest imports of goods, services and primary income recorded in Madagascar?
- The lowest recorded value was 370.87 million BoP, current US$ in 1974.
- How does Madagascar rank for imports of goods, services and primary income?
- Madagascar ranks 145th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Madagascar?
- Over the last ten years it is up 38.1%. 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 Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.