Service exports (BoP, current US$) in Madagascar
Madagascar: Service exports (BoP, current US$) was 1.66 billion BoP, current US$ in 2025. ◆ Volatile
Service exports in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Madagascar recorded 1.66 billion BoP, current US$ for service exports in 2025. That is the highest value across all 52 years on record.
That represents a change of up 8.3% on the previous year and up 50.1% over ten years.
Over the whole period, service exports in Madagascar peaked at 1.66 billion BoP, current US$ in 2025 and was at its lowest, 34.76 million BoP, current US$, in 1977.
Madagascar ranks 121st of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 40.17 million BoP, current US$ | — |
| 1975 | 62.01 million BoP, current US$ | +54.4% |
| 1976 | 40.93 million BoP, current US$ | -34.0% |
| 1977 | 34.76 million BoP, current US$ | -15.1% |
| 1978 | 34.88 million BoP, current US$ | +0.3% |
| 1979 | 73.90 million BoP, current US$ | +111.9% |
| 1980 | 79.47 million BoP, current US$ | +7.5% |
| 1981 | 61.53 million BoP, current US$ | -22.6% |
| 1982 | 49.32 million BoP, current US$ | -19.8% |
| 1983 | 45.21 million BoP, current US$ | -8.3% |
| 1984 | 53.31 million BoP, current US$ | +17.9% |
| 1985 | 58.60 million BoP, current US$ | +9.9% |
| 1986 | 75.08 million BoP, current US$ | +28.1% |
| 1987 | 95.95 million BoP, current US$ | +27.8% |
| 1988 | 118.40 million BoP, current US$ | +23.4% |
| 1989 | 132.14 million BoP, current US$ | +11.6% |
| 1990 | 152.90 million BoP, current US$ | +15.7% |
| 1991 | 148.32 million BoP, current US$ | -3.0% |
| 1992 | 174.53 million BoP, current US$ | +17.7% |
| 1993 | 187.24 million BoP, current US$ | +7.3% |
| 1994 | 206.02 million BoP, current US$ | +10.0% |
| 1995 | 244.12 million BoP, current US$ | +18.5% |
| 1996 | 293.27 million BoP, current US$ | +20.1% |
| 1997 | 314.15 million BoP, current US$ | +7.1% |
| 1998 | 335.08 million BoP, current US$ | +6.7% |
| 1999 | 336.26 million BoP, current US$ | +0.4% |
| 2000 | 406.71 million BoP, current US$ | +21.0% |
| 2001 | 481.71 million BoP, current US$ | +18.4% |
| 2002 | 584.76 million BoP, current US$ | +21.4% |
| 2003 | 362.01 million BoP, current US$ | -38.1% |
| 2004 | 467.09 million BoP, current US$ | +29.0% |
| 2005 | 494.29 million BoP, current US$ | +5.8% |
| 2006 | 665.86 million BoP, current US$ | +34.7% |
| 2007 | 1.01 billion BoP, current US$ | +52.3% |
| 2008 | 1.35 billion BoP, current US$ | +32.8% |
| 2009 | 912.80 million BoP, current US$ | -32.2% |
| 2010 | 1.01 billion BoP, current US$ | +10.2% |
| 2011 | 1.20 billion BoP, current US$ | +19.1% |
| 2012 | 1.33 billion BoP, current US$ | +11.4% |
| 2013 | 1.32 billion BoP, current US$ | -0.8% |
| 2014 | 1.37 billion BoP, current US$ | +3.3% |
| 2015 | 1.11 billion BoP, current US$ | -19.0% |
| 2016 | 1.23 billion BoP, current US$ | +11.1% |
| 2017 | 1.34 billion BoP, current US$ | +9.2% |
| 2018 | 1.37 billion BoP, current US$ | +2.2% |
| 2019 | 1.47 billion BoP, current US$ | +7.1% |
| 2020 | 640.90 million BoP, current US$ | -56.4% |
| 2021 | 654.22 million BoP, current US$ | +2.1% |
| 2022 | 1.14 billion BoP, current US$ | +74.6% |
| 2023 | 1.25 billion BoP, current US$ | +9.8% |
| 2024 | 1.53 billion BoP, current US$ | +22.4% |
| 2025 | 1.66 billion BoP, current US$ | +8.3% |
Madagascar compared with similar countries
- Madagascar's 1.66 billion BoP, current US$ is above the median for low income countries, which is 484.47 million BoP, current US$, 3.4× the median. (23 countries reporting)
- Madagascar's 1.66 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 3.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +111.9% | 34.88 million BoP, current US$ | 73.90 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.78 million BoP, current US$ | 34.76 million BoP, current US$ | 73.90 million BoP, current US$ | 6 |
| 1980s | 76.90 million BoP, current US$ | 45.21 million BoP, current US$ | 132.14 million BoP, current US$ | 10 |
| 1990s | 239.19 million BoP, current US$ | 148.32 million BoP, current US$ | 336.26 million BoP, current US$ | 10 |
| 2000s | 673.53 million BoP, current US$ | 362.01 million BoP, current US$ | 1.35 billion BoP, current US$ | 10 |
| 2010s | 1.27 billion BoP, current US$ | 1.01 billion BoP, current US$ | 1.47 billion BoP, current US$ | 10 |
| 2020s | 1.15 billion BoP, current US$ | 640.90 million BoP, current US$ | 1.66 billion BoP, current US$ | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is service exports in Madagascar?
- Service exports in Madagascar was 1.66 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Madagascar?
- The highest recorded value was 1.66 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Madagascar?
- The lowest recorded value was 34.76 million BoP, current US$ in 1977.
- How does Madagascar rank for service exports?
- Madagascar ranks 121st out of 200 countries with data for 2025.
- Is service exports rising or falling in Madagascar?
- Over the last ten years it is up 50.1%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.