Merchandise trade to GDP ratio in Madagascar
Madagascar: Merchandise trade to GDP ratio was 63.2% in 2011. ▲ Rising
Merchandise trade to GDP ratio in Madagascar, 1960–2011
Source: World Bank country economists. Measured in %.
Analysis
In 2011, merchandise trade to gdp ratio in Madagascar stood at 63.2%.
That represents a change of up 4.0% on the previous year and up 2.9% over ten years.
Over the whole period, merchandise trade to gdp ratio in Madagascar peaked at 83.6% in 2008 and was at its lowest, 26.7%, in 1960.
That places Madagascar 38th out of 53 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Merchandise trade to GDP ratio in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 26.7% | — |
| 1961 | 34.1% | +28.0% |
| 1962 | 32.1% | -5.8% |
| 1963 | 32.7% | +1.8% |
| 1964 | 33.2% | +1.6% |
| 1965 | 33.2% | -0.1% |
| 1966 | 40.5% | +21.9% |
| 1967 | 39.0% | -3.6% |
| 1968 | 40.5% | +3.9% |
| 1969 | 41.2% | +1.7% |
| 1970 | 40.7% | -1.2% |
| 1971 | 35.5% | -12.9% |
| 1972 | 32.6% | -8.1% |
| 1973 | 33.1% | +1.7% |
| 1974 | 35.7% | +7.9% |
| 1975 | 36.7% | +2.8% |
| 1976 | 32.7% | -11.1% |
| 1977 | 36.5% | +11.6% |
| 1978 | 41.2% | +12.9% |
| 1979 | 45.0% | +9.1% |
| 1980 | 43.1% | -4.2% |
| 1981 | 34.3% | -20.3% |
| 1982 | 31.9% | -7.1% |
| 1983 | 28.1% | -11.9% |
| 1984 | 31.2% | +11.0% |
| 1985 | 32.7% | +5.0% |
| 1986 | 27.7% | -15.4% |
| 1987 | 39.1% | +41.1% |
| 1988 | 39.4% | +0.8% |
| 1989 | 40.7% | +3.4% |
| 1990 | 44.6% | +9.6% |
| 1991 | 44.8% | +0.4% |
| 1992 | 41.1% | -8.4% |
| 1993 | 39.9% | -2.7% |
| 1994 | 51.6% | +29.3% |
| 1995 | 55.8% | +8.2% |
| 1996 | 46.5% | -16.7% |
| 1997 | 51.8% | +11.5% |
| 1998 | 50.8% | -2.0% |
| 1999 | 56.7% | +11.6% |
| 2000 | 68.7% | +21.2% |
| 2001 | 61.4% | -10.6% |
| 2002 | 38.6% | -37.1% |
| 2003 | 55.2% | +43.0% |
| 2004 | 80.1% | +45.3% |
| 2005 | 73.8% | -7.9% |
| 2006 | 75.5% | +2.3% |
| 2007 | 82.4% | +9.1% |
| 2008 | 83.6% | +1.5% |
| 2009 | 81.6% | -2.3% |
| 2010 | 60.8% | -25.6% |
| 2011 | 63.2% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.3% | 26.7% | 41.2% | 10 |
| 1970s | 37.0% | 32.6% | 45.0% | 10 |
| 1980s | 34.8% | 27.7% | 43.1% | 10 |
| 1990s | 48.4% | 39.9% | 56.7% | 10 |
| 2000s | 70.1% | 38.6% | 83.6% | 10 |
| 2010s | 62.0% | 60.8% | 63.2% | 2 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Services, value added (current US$), annual growth rate 10.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4883 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 292.6 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 10.57 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 2,212 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 1.33 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.21 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3777 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 226.35 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 331,202 constant LCU per person (2025)
Frequently asked questions
- What is merchandise trade to gdp ratio in Madagascar?
- Merchandise trade to gdp ratio in Madagascar was 63.2% in 2011, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in Madagascar?
- The highest recorded value was 83.6% in 2008.
- What is the lowest merchandise trade to gdp ratio recorded in Madagascar?
- The lowest recorded value was 26.7% in 1960.
- How does Madagascar rank for merchandise trade to gdp ratio?
- Madagascar ranks 38th out of 53 countries with data for 2011.
- Is merchandise trade to gdp ratio rising or falling in Madagascar?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.