Service imports (BoP, current US$), per unit of GDP in Madagascar
Madagascar: Service imports (BoP, current US$), per unit of GDP was 0.0721 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.0721 BoP, current US$ per US$ of GDP
Change on year
down 8.2%
World rank
137th
of 199 countries
All-time high
0.1437 BoP, current US$ per US$ of GDP
in 2008
All-time low
0.0368 BoP, current US$ per US$ of GDP
in 1983
Years of data
51
1974–2024
Service imports (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 0.0721 BoP, current US$ per US$ of GDP for service imports (bop, current us$), per unit of gdp in 2024.
Compared with earlier readings it is down 8.2% on the previous year and down 29.3% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Madagascar peaked at 0.1437 BoP, current US$ per US$ of GDP in 2008 and was at its lowest, 0.0368 BoP, current US$ per US$ of GDP, in 1983.
That places Madagascar 137th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Service imports (BoP, current US$), per unit of GDP in Madagascar, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.056 BoP, current US$ per US$ of GDP | — |
| 1975 | 0.0648 BoP, current US$ per US$ of GDP | +15.8% |
| 1976 | 0.0603 BoP, current US$ per US$ of GDP | -6.9% |
| 1977 | 0.0578 BoP, current US$ per US$ of GDP | -4.2% |
| 1978 | 0.0632 BoP, current US$ per US$ of GDP | +9.4% |
| 1979 | 0.077 BoP, current US$ per US$ of GDP | +21.7% |
| 1980 | 0.0597 BoP, current US$ per US$ of GDP | -22.4% |
| 1981 | 0.0471 BoP, current US$ per US$ of GDP | -21.2% |
| 1982 | 0.0418 BoP, current US$ per US$ of GDP | -11.2% |
| 1983 | 0.0368 BoP, current US$ per US$ of GDP | -12.1% |
| 1984 | 0.0398 BoP, current US$ per US$ of GDP | +8.2% |
| 1985 | 0.044 BoP, current US$ per US$ of GDP | +10.6% |
| 1986 | 0.0472 BoP, current US$ per US$ of GDP | +7.3% |
| 1987 | 0.0705 BoP, current US$ per US$ of GDP | +49.3% |
| 1988 | 0.0784 BoP, current US$ per US$ of GDP | +11.3% |
| 1989 | 0.0723 BoP, current US$ per US$ of GDP | -7.9% |
| 1990 | 0.0616 BoP, current US$ per US$ of GDP | -14.7% |
| 1991 | 0.0764 BoP, current US$ per US$ of GDP | +24.0% |
| 1992 | 0.0771 BoP, current US$ per US$ of GDP | +0.9% |
| 1993 | 0.0865 BoP, current US$ per US$ of GDP | +12.2% |
| 1994 | 0.1087 BoP, current US$ per US$ of GDP | +25.6% |
| 1995 | 0.1195 BoP, current US$ per US$ of GDP | +9.9% |
| 1996 | 0.0841 BoP, current US$ per US$ of GDP | -29.7% |
| 1997 | 0.0905 BoP, current US$ per US$ of GDP | +7.6% |
| 1998 | 0.099 BoP, current US$ per US$ of GDP | +9.4% |
| 1999 | 0.1066 BoP, current US$ per US$ of GDP | +7.8% |
| 2000 | 0.1128 BoP, current US$ per US$ of GDP | +5.8% |
| 2001 | 0.0939 BoP, current US$ per US$ of GDP | -16.7% |
| 2002 | 0.1316 BoP, current US$ per US$ of GDP | +40.1% |
| 2003 | 0.097 BoP, current US$ per US$ of GDP | -26.3% |
| 2004 | 0.1256 BoP, current US$ per US$ of GDP | +29.5% |
| 2005 | 0.1197 BoP, current US$ per US$ of GDP | -4.7% |
| 2006 | 0.1252 BoP, current US$ per US$ of GDP | +4.6% |
| 2007 | 0.1358 BoP, current US$ per US$ of GDP | +8.5% |
| 2008 | 0.1437 BoP, current US$ per US$ of GDP | +5.8% |
| 2009 | 0.1254 BoP, current US$ per US$ of GDP | -12.7% |
| 2010 | 0.1219 BoP, current US$ per US$ of GDP | -2.8% |
| 2011 | 0.1168 BoP, current US$ per US$ of GDP | -4.2% |
| 2012 | 0.1117 BoP, current US$ per US$ of GDP | -4.3% |
| 2013 | 0.1117 BoP, current US$ per US$ of GDP | +0.0% |
| 2014 | 0.1019 BoP, current US$ per US$ of GDP | -8.8% |
| 2015 | 0.1002 BoP, current US$ per US$ of GDP | -1.6% |
| 2016 | 0.0962 BoP, current US$ per US$ of GDP | -4.1% |
| 2017 | 0.0939 BoP, current US$ per US$ of GDP | -2.4% |
| 2018 | 0.0965 BoP, current US$ per US$ of GDP | +2.8% |
| 2019 | 0.0871 BoP, current US$ per US$ of GDP | -9.8% |
| 2020 | 0.0666 BoP, current US$ per US$ of GDP | -23.5% |
| 2021 | 0.0761 BoP, current US$ per US$ of GDP | +14.2% |
| 2022 | 0.1002 BoP, current US$ per US$ of GDP | +31.7% |
| 2023 | 0.0785 BoP, current US$ per US$ of GDP | -21.7% |
| 2024 | 0.0721 BoP, current US$ per US$ of GDP | -8.2% |
Madagascar compared with similar countries
- Madagascar's 0.0721 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.0662 BoP, current US$ per US$ of GDP, 1.1× the median. (22 countries reporting)
- Madagascar's 0.0721 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0785 BoP, current US$ per US$ of GDP, 92% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0632 BoP, current US$ per US$ of GDP | 0.056 BoP, current US$ per US$ of GDP | 0.077 BoP, current US$ per US$ of GDP | 6 |
| 1980s | 0.0537 BoP, current US$ per US$ of GDP | 0.0368 BoP, current US$ per US$ of GDP | 0.0784 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.091 BoP, current US$ per US$ of GDP | 0.0616 BoP, current US$ per US$ of GDP | 0.1195 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1211 BoP, current US$ per US$ of GDP | 0.0939 BoP, current US$ per US$ of GDP | 0.1437 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1038 BoP, current US$ per US$ of GDP | 0.0871 BoP, current US$ per US$ of GDP | 0.1219 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0787 BoP, current US$ per US$ of GDP | 0.0666 BoP, current US$ per US$ of GDP | 0.1002 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 134 Vietnam 0.0747 BoP, current US$ per US$ of GDP compare
- 135 Sierra Leone 0.0737 BoP, current US$ per US$ of GDP compare
- 136 Canada 0.0729 BoP, current US$ per US$ of GDP compare
- 138 Bulgaria 0.072 BoP, current US$ per US$ of GDP compare
- 139 French Polynesia 0.0699 BoP, current US$ per US$ of GDP compare
- 140 Uruguay 0.0698 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 imports (bop, current us$), per unit of gdp in Madagascar?
- Service imports (bop, current us$), per unit of gdp in Madagascar was 0.0721 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 0.1437 BoP, current US$ per US$ of GDP in 2008.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0368 BoP, current US$ per US$ of GDP in 1983.
- How does Madagascar rank for service imports (bop, current us$), per unit of gdp?
- Madagascar ranks 137th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is down 29.3%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.