Value of imported goods as a share of GDP in Madagascar
Madagascar: Value of imported goods as a share of GDP was 34.4% in 2014. ▲ Rising
Value of imported goods as a share of GDP in Madagascar, 1950–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
In 2014, value of imported goods as a share of gdp in Madagascar stood at 34.4%.
Compared with earlier readings it is down 2.3% on the previous year and down 25.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in Madagascar peaked at 62.6% in 2006 and was at its lowest, 10.8%, in 1986.
That places Madagascar 116th out of 193 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 29.4% | 21.9% | 35.4% | 7 |
| 1960s | 16.3% | 14.8% | 17.5% | 10 |
| 1970s | 15.6% | 12.3% | 18.5% | 10 |
| 1980s | 13.7% | 10.8% | 15.9% | 10 |
| 1990s | 17.6% | 13.1% | 20.9% | 10 |
| 2000s | 34.9% | 16.6% | 62.6% | 10 |
| 2010s | 33.9% | 32.2% | 35.2% | 5 |
Countries ranked near Madagascar
- 113 Philippines 34.6% compare
- 114 Zimbabwe 34.6% compare
- 115 New Caledonia 34.4% compare
- 117 Mexico 33.9% compare
- 118 Portugal 33.9% compare
- 119 Cote d'Ivoire 32.3% compare
More economy & growth data for Madagascar
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Madagascar?
- Value of imported goods as a share of gdp in Madagascar was 34.4% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Madagascar?
- The highest recorded value was 62.6% in 2006.
- What is the lowest value of imported goods as a share of gdp recorded in Madagascar?
- The lowest recorded value was 10.8% in 1986.
- How does Madagascar rank for value of imported goods as a share of gdp?
- Madagascar ranks 116th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Madagascar?
- Over the last ten years it is down 25.2%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.