Share of services in total exports in Madagascar
Madagascar: Share of services in total exports was 37.33 in 2024. ▲ Rising
Latest (2024)
37.33
Change on year
up 29.5%
World rank
77th
of 198 countries
All-time high
53.86
in 2002
All-time low
7.93
in 1978
Years of data
51
1974–2024
Share of services in total exports in Madagascar, 1974–2024
Source: Our World in Data.
Analysis
The most recent figure for share of services in total exports in Madagascar is 37.33, measured in 2024.
That represents a change of up 29.5% on the previous year and down 2.8% over ten years.
Over the whole period, share of services in total exports in Madagascar peaked at 53.86 in 2002 and was at its lowest, 7.93, in 1978.
That places Madagascar 77th out of 198 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.
Share of services in total exports in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 14.33 | — |
| 1975 | 16.25 | +13.4% |
| 1976 | 12.4 | -23.7% |
| 1977 | 9.02 | -27.3% |
| 1978 | 7.93 | -12.1% |
| 1979 | 15.15 | +91.0% |
| 1980 | 15.4 | +1.7% |
| 1981 | 15.64 | +1.6% |
| 1982 | 13.1 | -16.2% |
| 1983 | 12.73 | -2.8% |
| 1984 | 13.65 | +7.2% |
| 1985 | 16.75 | +22.7% |
| 1986 | 18.86 | +12.6% |
| 1987 | 22.71 | +20.4% |
| 1988 | 29.39 | +29.4% |
| 1989 | 29.14 | -0.9% |
| 1990 | 32.5 | +11.5% |
| 1991 | 30.68 | -5.6% |
| 1992 | 34.85 | +13.6% |
| 1993 | 35.88 | +3.0% |
| 1994 | 31.42 | -12.4% |
| 1995 | 32.59 | +3.7% |
| 1996 | 37.56 | +15.3% |
| 1997 | 49.09 | +30.7% |
| 1998 | 49.88 | +1.6% |
| 1999 | 46.07 | -7.6% |
| 2000 | 49.41 | +7.2% |
| 2001 | 47.46 | -3.9% |
| 2002 | 53.86 | +13.5% |
| 2003 | 44.61 | -17.2% |
| 2004 | 50.97 | +14.3% |
| 2005 | 37.3 | -26.8% |
| 2006 | 40.73 | +9.2% |
| 2007 | 45.01 | +10.5% |
| 2008 | 50.6 | +12.4% |
| 2009 | 46.42 | -8.3% |
| 2010 | 46.65 | +0.5% |
| 2011 | 44.84 | -3.9% |
| 2012 | 46.81 | +4.4% |
| 2013 | 42.08 | -10.1% |
| 2014 | 38.41 | -8.7% |
| 2015 | 35.11 | -8.6% |
| 2016 | 36.28 | +3.3% |
| 2017 | 32.38 | -10.7% |
| 2018 | 31.12 | -3.9% |
| 2019 | 36 | +15.7% |
| 2020 | 24.75 | -31.2% |
| 2021 | 19.46 | -21.4% |
| 2022 | 24.35 | +25.1% |
| 2023 | 28.83 | +18.4% |
| 2024 | 37.33 | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.51 | 7.93 | 16.25 | 6 |
| 1980s | 18.74 | 12.73 | 29.39 | 10 |
| 1990s | 38.05 | 30.68 | 49.88 | 10 |
| 2000s | 46.64 | 37.3 | 53.86 | 10 |
| 2010s | 38.97 | 31.12 | 46.81 | 10 |
| 2020s | 26.94 | 19.46 | 37.33 | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
- GDP (current US$), per capita 599.27 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.63 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 4,530 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 2.71 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7618 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 456.51 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,264 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of services in total exports in Madagascar?
- Share of services in total exports in Madagascar was 37.33 in 2024, according to Our World in Data.
- What is the highest share of services in total exports recorded in Madagascar?
- The highest recorded value was 53.86 in 2002.
- What is the lowest share of services in total exports recorded in Madagascar?
- The lowest recorded value was 7.93 in 1978.
- How does Madagascar rank for share of services in total exports?
- Madagascar ranks 77th out of 198 countries with data for 2024.
- Is share of services in total exports rising or falling in Madagascar?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Our World in Data, published as part of Share of services in total exports. Statizoid updates them automatically from the source API.
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