Service exports (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Service exports (BoP, current US$), per unit of GDP was 0.0872 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0872 BoP, current US$ per US$ of GDP
Change on year
up 11.6%
World rank
104th
of 199 countries
All-time high
0.1255 BoP, current US$ per US$ of GDP
in 2008
All-time low
0.0096 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Service exports (BoP, current US$), per unit of GDP in Madagascar, 1974–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Madagascar recorded 0.0872 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2024.
The figure is up 11.6% on the previous year and down 20.1% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Madagascar peaked at 0.1255 BoP, current US$ per US$ of GDP in 2008 and was at its lowest, 0.0096 BoP, current US$ per US$ of GDP, in 1983.
Madagascar ranks 104th of 199 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.
Service exports (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.021 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.0272 BoP, current US$ per US$ of GDP | +29.6% |
| 1976 | 0.0188 BoP, current US$ per US$ of GDP | -30.9% |
| 1977 | 0.0147 BoP, current US$ per US$ of GDP | -21.4% |
| 1978 | 0.0131 BoP, current US$ per US$ of GDP | -11.3% |
| 1979 | 0.0213 BoP, current US$ per US$ of GDP | +63.3% |
| 1980 | 0.0153 BoP, current US$ per US$ of GDP | -28.4% |
| 1981 | 0.0129 BoP, current US$ per US$ of GDP | -15.4% |
| 1982 | 0.0103 BoP, current US$ per US$ of GDP | -20.3% |
| 1983 | 0.0096 BoP, current US$ per US$ of GDP | -6.4% |
| 1984 | 0.0136 BoP, current US$ per US$ of GDP | +41.5% |
| 1985 | 0.0154 BoP, current US$ per US$ of GDP | +12.9% |
| 1986 | 0.0173 BoP, current US$ per US$ of GDP | +12.1% |
| 1987 | 0.0299 BoP, current US$ per US$ of GDP | +72.9% |
| 1988 | 0.0371 BoP, current US$ per US$ of GDP | +24.3% |
| 1989 | 0.0416 BoP, current US$ per US$ of GDP | +12.1% |
| 1990 | 0.0389 BoP, current US$ per US$ of GDP | -6.5% |
| 1991 | 0.0456 BoP, current US$ per US$ of GDP | +17.2% |
| 1992 | 0.047 BoP, current US$ per US$ of GDP | +3.1% |
| 1993 | 0.0461 BoP, current US$ per US$ of GDP | -1.9% |
| 1994 | 0.0585 BoP, current US$ per US$ of GDP | +26.9% |
| 1995 | 0.0636 BoP, current US$ per US$ of GDP | +8.7% |
| 1996 | 0.0595 BoP, current US$ per US$ of GDP | -6.5% |
| 1997 | 0.0737 BoP, current US$ per US$ of GDP | +23.9% |
| 1998 | 0.0761 BoP, current US$ per US$ of GDP | +3.3% |
| 1999 | 0.0786 BoP, current US$ per US$ of GDP | +3.3% |
| 2000 | 0.0879 BoP, current US$ per US$ of GDP | +11.8% |
| 2001 | 0.0886 BoP, current US$ per US$ of GDP | +0.8% |
| 2002 | 0.1093 BoP, current US$ per US$ of GDP | +23.4% |
| 2003 | 0.0568 BoP, current US$ per US$ of GDP | -48.0% |
| 2004 | 0.0922 BoP, current US$ per US$ of GDP | +62.3% |
| 2005 | 0.0844 BoP, current US$ per US$ of GDP | -8.5% |
| 2006 | 0.1041 BoP, current US$ per US$ of GDP | +23.4% |
| 2007 | 0.1189 BoP, current US$ per US$ of GDP | +14.2% |
| 2008 | 0.1255 BoP, current US$ per US$ of GDP | +5.5% |
| 2009 | 0.0949 BoP, current US$ per US$ of GDP | -24.4% |
| 2010 | 0.1007 BoP, current US$ per US$ of GDP | +6.1% |
| 2011 | 0.1037 BoP, current US$ per US$ of GDP | +2.9% |
| 2012 | 0.1152 BoP, current US$ per US$ of GDP | +11.2% |
| 2013 | 0.1066 BoP, current US$ per US$ of GDP | -7.5% |
| 2014 | 0.1092 BoP, current US$ per US$ of GDP | +2.5% |
| 2015 | 0.0978 BoP, current US$ per US$ of GDP | -10.5% |
| 2016 | 0.1038 BoP, current US$ per US$ of GDP | +6.2% |
| 2017 | 0.1019 BoP, current US$ per US$ of GDP | -1.8% |
| 2018 | 0.0997 BoP, current US$ per US$ of GDP | -2.2% |
| 2019 | 0.1042 BoP, current US$ per US$ of GDP | +4.5% |
| 2020 | 0.0491 BoP, current US$ per US$ of GDP | -52.9% |
| 2021 | 0.0456 BoP, current US$ per US$ of GDP | -7.2% |
| 2022 | 0.0744 BoP, current US$ per US$ of GDP | +63.3% |
| 2023 | 0.0782 BoP, current US$ per US$ of GDP | +5.0% |
| 2024 | 0.0872 BoP, current US$ per US$ of GDP | +11.6% |
Madagascar compared with similar countries
- Madagascar's 0.0872 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.0415 BoP, current US$ per US$ of GDP, 2.1× the median. (22 countries reporting)
- Madagascar's 0.0872 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0445 BoP, current US$ per US$ of GDP, 2.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0193 BoP, current US$ per US$ of GDP | 0.0131 BoP, current US$ per US$ of GDP | 0.0272 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.0203 BoP, current US$ per US$ of GDP | 0.0096 BoP, current US$ per US$ of GDP | 0.0416 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0588 BoP, current US$ per US$ of GDP | 0.0389 BoP, current US$ per US$ of GDP | 0.0786 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0963 BoP, current US$ per US$ of GDP | 0.0568 BoP, current US$ per US$ of GDP | 0.1255 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1043 BoP, current US$ per US$ of GDP | 0.0978 BoP, current US$ per US$ of GDP | 0.1152 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0669 BoP, current US$ per US$ of GDP | 0.0456 BoP, current US$ per US$ of GDP | 0.0872 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 101 Ukraine 0.0907 BoP, current US$ per US$ of GDP compare
- 102 Myanmar 0.089 BoP, current US$ per US$ of GDP compare
- 103 Ghana 0.0881 BoP, current US$ per US$ of GDP compare
- 105 Uruguay 0.0865 BoP, current US$ per US$ of GDP compare
- 106 Tanzania 0.0864 BoP, current US$ per US$ of GDP compare
- 107 Eritrea 0.0862 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 service exports (bop, current us$), per unit of gdp in Madagascar?
- Service exports (bop, current us$), per unit of gdp in Madagascar was 0.0872 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.1255 BoP, current US$ per US$ of GDP in 2008.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0096 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for service exports (bop, current us$), per unit of gdp?
- Madagascar ranks 104th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.