Service imports (BoP, current US$) in Madagascar
Madagascar: Service imports (BoP, current US$) was 1.45 billion BoP, current US$ in 2025. ◆ Volatile
Service imports in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Madagascar is 1.45 billion BoP, current US$, measured in 2025.
Compared with earlier readings it is up 14.5% on the previous year and up 27.9% over ten years.
Over the whole period, service imports in Madagascar peaked at 1.54 billion BoP, current US$ in 2008 and was at its lowest, 107.39 million BoP, current US$, in 1974.
Madagascar ranks 140th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 107.39 million BoP, current US$ | — |
| 1975 | 148.06 million BoP, current US$ | +37.9% |
| 1976 | 131.66 million BoP, current US$ | -11.1% |
| 1977 | 136.36 million BoP, current US$ | +3.6% |
| 1978 | 168.84 million BoP, current US$ | +23.8% |
| 1979 | 266.55 million BoP, current US$ | +57.9% |
| 1980 | 310.63 million BoP, current US$ | +16.5% |
| 1981 | 224.05 million BoP, current US$ | -27.9% |
| 1982 | 200.06 million BoP, current US$ | -10.7% |
| 1983 | 172.24 million BoP, current US$ | -13.9% |
| 1984 | 155.30 million BoP, current US$ | -9.8% |
| 1985 | 167.21 million BoP, current US$ | +7.7% |
| 1986 | 205.21 million BoP, current US$ | +22.7% |
| 1987 | 226.42 million BoP, current US$ | +10.3% |
| 1988 | 250.11 million BoP, current US$ | +10.5% |
| 1989 | 229.44 million BoP, current US$ | -8.3% |
| 1990 | 242.31 million BoP, current US$ | +5.6% |
| 1991 | 248.76 million BoP, current US$ | +2.7% |
| 1992 | 286.39 million BoP, current US$ | +15.1% |
| 1993 | 351.59 million BoP, current US$ | +22.8% |
| 1994 | 382.84 million BoP, current US$ | +8.9% |
| 1995 | 458.65 million BoP, current US$ | +19.8% |
| 1996 | 414.56 million BoP, current US$ | -9.6% |
| 1997 | 385.73 million BoP, current US$ | -7.0% |
| 1998 | 435.58 million BoP, current US$ | +12.9% |
| 1999 | 456.18 million BoP, current US$ | +4.7% |
| 2000 | 522.06 million BoP, current US$ | +14.4% |
| 2001 | 510.93 million BoP, current US$ | -2.1% |
| 2002 | 704.21 million BoP, current US$ | +37.8% |
| 2003 | 618.28 million BoP, current US$ | -12.2% |
| 2004 | 636.33 million BoP, current US$ | +2.9% |
| 2005 | 701.49 million BoP, current US$ | +10.2% |
| 2006 | 800.63 million BoP, current US$ | +14.1% |
| 2007 | 1.16 billion BoP, current US$ | +44.6% |
| 2008 | 1.54 billion BoP, current US$ | +33.1% |
| 2009 | 1.21 billion BoP, current US$ | -21.8% |
| 2010 | 1.22 billion BoP, current US$ | +0.9% |
| 2011 | 1.35 billion BoP, current US$ | +10.8% |
| 2012 | 1.29 billion BoP, current US$ | -4.1% |
| 2013 | 1.39 billion BoP, current US$ | +7.3% |
| 2014 | 1.28 billion BoP, current US$ | -8.1% |
| 2015 | 1.13 billion BoP, current US$ | -11.0% |
| 2016 | 1.14 billion BoP, current US$ | +0.4% |
| 2017 | 1.24 billion BoP, current US$ | +8.6% |
| 2018 | 1.33 billion BoP, current US$ | +7.4% |
| 2019 | 1.23 billion BoP, current US$ | -7.5% |
| 2020 | 869.65 million BoP, current US$ | -29.2% |
| 2021 | 1.09 billion BoP, current US$ | +25.6% |
| 2022 | 1.54 billion BoP, current US$ | +40.8% |
| 2023 | 1.26 billion BoP, current US$ | -18.1% |
| 2024 | 1.27 billion BoP, current US$ | +0.7% |
| 2025 | 1.45 billion BoP, current US$ | +14.5% |
Madagascar compared with similar countries
- Madagascar's 1.45 billion BoP, current US$ is above the median for low income countries, which is 1.11 billion BoP, current US$, 1.3× the median. (23 countries reporting)
- Madagascar's 1.45 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 1.47 billion BoP, current US$, 99% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 159.81 million BoP, current US$ | 107.39 million BoP, current US$ | 266.55 million BoP, current US$ | 6 |
| 1980s | 214.07 million BoP, current US$ | 155.30 million BoP, current US$ | 310.63 million BoP, current US$ | 10 |
| 1990s | 366.26 million BoP, current US$ | 242.31 million BoP, current US$ | 458.65 million BoP, current US$ | 10 |
| 2000s | 839.86 million BoP, current US$ | 510.93 million BoP, current US$ | 1.54 billion BoP, current US$ | 10 |
| 2010s | 1.26 billion BoP, current US$ | 1.13 billion BoP, current US$ | 1.39 billion BoP, current US$ | 10 |
| 2020s | 1.25 billion BoP, current US$ | 869.65 million BoP, current US$ | 1.54 billion BoP, current US$ | 6 |
Countries ranked near Madagascar
- 137 Brunei 1.54 billion BoP, current US$ compare
- 138 Burkina Faso 1.47 billion BoP, current US$ compare
- 139 Yemen 1.46 billion BoP, current US$ compare
- 141 Palestine 1.38 billion BoP, current US$ compare
- 142 Sudan 1.35 billion BoP, current US$ compare
- 143 Nicaragua 1.31 billion BoP, current US$ compare
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 imports in Madagascar?
- Service imports in Madagascar was 1.45 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 imports recorded in Madagascar?
- The highest recorded value was 1.54 billion BoP, current US$ in 2008.
- What is the lowest service imports recorded in Madagascar?
- The lowest recorded value was 107.39 million BoP, current US$ in 1974.
- How does Madagascar rank for service imports?
- Madagascar ranks 140th out of 200 countries with data for 2025.
- Is service imports rising or falling in Madagascar?
- Over the last ten years it is up 27.9%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.