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
Latest (2014)
34.4%
Change on year
down 2.3%
World rank
116th
of 193 countries
All-time high
62.6%
in 2006
All-time low
10.8%
in 1986
Years of data
62
1950–2014
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.
Value of imported goods as a share of GDP in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1950 | 21.9% | — |
| 1951 | 32.2% | +47.2% |
| 1952 | 30.3% | -5.8% |
| 1953 | 28.2% | -6.9% |
| 1954 | 28.0% | -0.9% |
| 1955 | 35.4% | +26.4% |
| 1956 | 29.9% | -15.3% |
| 1960 | 16.5% | -45.0% |
| 1961 | 14.8% | -10.3% |
| 1962 | 16.5% | +11.4% |
| 1963 | 16.8% | +2.0% |
| 1964 | 16.8% | +0.3% |
| 1965 | 17.5% | +4.0% |
| 1966 | 15.7% | -10.6% |
| 1967 | 15.2% | -3.0% |
| 1968 | 16.4% | +8.3% |
| 1969 | 17.3% | +5.2% |
| 1970 | 15.3% | -11.4% |
| 1971 | 17.8% | +16.1% |
| 1972 | 15.1% | -15.2% |
| 1973 | 12.3% | -18.5% |
| 1974 | 14.7% | +19.2% |
| 1975 | 16.0% | +9.3% |
| 1976 | 14.7% | -8.5% |
| 1977 | 14.7% | +0.5% |
| 1978 | 16.5% | +12.3% |
| 1979 | 18.5% | +11.8% |
| 1980 | 15.3% | -17.5% |
| 1981 | 15.1% | -0.9% |
| 1982 | 12.2% | -19.3% |
| 1983 | 11.0% | -9.9% |
| 1984 | 12.4% | +12.6% |
| 1985 | 14.0% | +13.2% |
| 1986 | 10.8% | -23.2% |
| 1987 | 14.9% | +38.7% |
| 1988 | 15.9% | +6.6% |
| 1989 | 15.4% | -3.0% |
| 1990 | 19.6% | +27.1% |
| 1991 | 16.3% | -17.2% |
| 1992 | 15.0% | -7.9% |
| 1993 | 13.1% | -12.7% |
| 1994 | 17.4% | +33.4% |
| 1995 | 19.1% | +9.3% |
| 1996 | 16.5% | -13.3% |
| 1997 | 19.7% | +19.0% |
| 1998 | 20.9% | +6.2% |
| 1999 | 18.7% | -10.6% |
| 2000 | 25.1% | +34.5% |
| 2001 | 22.6% | -9.9% |
| 2002 | 16.6% | -26.4% |
| 2003 | 23.2% | +39.2% |
| 2004 | 46.0% | +98.5% |
| 2005 | 37.9% | -17.7% |
| 2006 | 62.6% | +65.2% |
| 2007 | 33.9% | -45.7% |
| 2008 | 44.0% | +29.8% |
| 2009 | 36.6% | -16.9% |
| 2010 | 32.2% | -12.0% |
| 2011 | 32.6% | +1.3% |
| 2012 | 34.9% | +7.0% |
| 2013 | 35.2% | +0.9% |
| 2014 | 34.4% | -2.3% |
Madagascar compared with similar countries
- Madagascar's 34.4% is above the median for low income countries, which is 29.9%, 1.1× the median. (23 countries reporting)
- Madagascar's 34.4% is below the median for Sub-Saharan Africa, which is 34.7%, 99% of the median. (46 countries reporting)
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
- 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 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
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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.