Terms of trade in Madagascar
Madagascar: Terms of trade was 88.31 goods and services, 2000 = 100 in 2009. ▼ Falling
Latest (2009)
88.31 goods and services, 2000 = 100
Change on year
down 4.1%
World rank
28th
of 41 countries
All-time high
161.71 goods and services, 2000 = 100
in 1970
All-time low
72.81 goods and services, 2000 = 100
in 1992
Years of data
50
1960–2009
Terms of trade in Madagascar, 1960–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in goods and services, 2000 = 100.
Analysis
The most recent figure for terms of trade in Madagascar is 88.31 goods and services, 2000 = 100, measured in 2009.
Compared with earlier readings it is down 4.1% on the previous year and down 3.7% over ten years.
Over the whole period, terms of trade in Madagascar peaked at 161.71 goods and services, 2000 = 100 in 1970 and was at its lowest, 72.81 goods and services, 2000 = 100, in 1992.
Madagascar ranks 28th of 41 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Terms of trade in Madagascar, year by year
| Year | goods and services, 2000 = 100 | Change |
|---|---|---|
| 1960 | 146.33 goods and services, 2000 = 100 | — |
| 1961 | 127.98 goods and services, 2000 = 100 | -12.5% |
| 1962 | 129.32 goods and services, 2000 = 100 | +1.0% |
| 1963 | 134.95 goods and services, 2000 = 100 | +4.4% |
| 1964 | 133.81 goods and services, 2000 = 100 | -0.8% |
| 1965 | 121.95 goods and services, 2000 = 100 | -8.9% |
| 1966 | 136.6 goods and services, 2000 = 100 | +12.0% |
| 1967 | 134.68 goods and services, 2000 = 100 | -1.4% |
| 1968 | 137.09 goods and services, 2000 = 100 | +1.8% |
| 1969 | 139.65 goods and services, 2000 = 100 | +1.9% |
| 1970 | 161.71 goods and services, 2000 = 100 | +15.8% |
| 1971 | 157.29 goods and services, 2000 = 100 | -2.7% |
| 1972 | 156.82 goods and services, 2000 = 100 | -0.3% |
| 1973 | 148.36 goods and services, 2000 = 100 | -5.4% |
| 1974 | 126.69 goods and services, 2000 = 100 | -14.6% |
| 1975 | 113.76 goods and services, 2000 = 100 | -10.2% |
| 1976 | 122.4 goods and services, 2000 = 100 | +7.6% |
| 1977 | 120.39 goods and services, 2000 = 100 | -1.6% |
| 1978 | 107.18 goods and services, 2000 = 100 | -11.0% |
| 1979 | 91.81 goods and services, 2000 = 100 | -14.3% |
| 1980 | 86.43 goods and services, 2000 = 100 | -5.9% |
| 1981 | 85.63 goods and services, 2000 = 100 | -0.9% |
| 1982 | 95.54 goods and services, 2000 = 100 | +11.6% |
| 1983 | 103.1 goods and services, 2000 = 100 | +7.9% |
| 1984 | 110.3 goods and services, 2000 = 100 | +7.0% |
| 1985 | 98.47 goods and services, 2000 = 100 | -10.7% |
| 1986 | 116.12 goods and services, 2000 = 100 | +17.9% |
| 1987 | 97.84 goods and services, 2000 = 100 | -15.7% |
| 1988 | 96.72 goods and services, 2000 = 100 | -1.1% |
| 1989 | 72.84 goods and services, 2000 = 100 | -24.7% |
| 1990 | 82.85 goods and services, 2000 = 100 | +13.7% |
| 1991 | 74.28 goods and services, 2000 = 100 | -10.3% |
| 1992 | 72.81 goods and services, 2000 = 100 | -2.0% |
| 1993 | 73.74 goods and services, 2000 = 100 | +1.3% |
| 1994 | 80.05 goods and services, 2000 = 100 | +8.6% |
| 1995 | 81.6 goods and services, 2000 = 100 | +1.9% |
| 1996 | 84.08 goods and services, 2000 = 100 | +3.0% |
| 1997 | 87.19 goods and services, 2000 = 100 | +3.7% |
| 1998 | 96.45 goods and services, 2000 = 100 | +10.6% |
| 1999 | 91.66 goods and services, 2000 = 100 | -5.0% |
| 2000 | 100 goods and services, 2000 = 100 | +9.1% |
| 2001 | 113.76 goods and services, 2000 = 100 | +13.8% |
| 2002 | 124.34 goods and services, 2000 = 100 | +9.3% |
| 2003 | 142.37 goods and services, 2000 = 100 | +14.5% |
| 2004 | 134.82 goods and services, 2000 = 100 | -5.3% |
| 2005 | 108.4 goods and services, 2000 = 100 | -19.6% |
| 2006 | 101.73 goods and services, 2000 = 100 | -6.2% |
| 2007 | 88.16 goods and services, 2000 = 100 | -13.3% |
| 2008 | 92.11 goods and services, 2000 = 100 | +4.5% |
| 2009 | 88.31 goods and services, 2000 = 100 | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 134.24 goods and services, 2000 = 100 | 121.95 goods and services, 2000 = 100 | 146.33 goods and services, 2000 = 100 | 10 |
| 1970s | 130.64 goods and services, 2000 = 100 | 91.81 goods and services, 2000 = 100 | 161.71 goods and services, 2000 = 100 | 10 |
| 1980s | 96.3 goods and services, 2000 = 100 | 72.84 goods and services, 2000 = 100 | 116.12 goods and services, 2000 = 100 | 10 |
| 1990s | 82.47 goods and services, 2000 = 100 | 72.81 goods and services, 2000 = 100 | 96.45 goods and services, 2000 = 100 | 10 |
| 2000s | 109.4 goods and services, 2000 = 100 | 88.16 goods and services, 2000 = 100 | 142.37 goods and services, 2000 = 100 | 10 |
Countries ranked near Madagascar
- 25 Senegal 91.23 goods and services, 2000 = 100 compare
- 26 Lesotho 89.27 goods and services, 2000 = 100 compare
- 27 Mali 88.44 goods and services, 2000 = 100 compare
- 29 Tunisia 88.07 goods and services, 2000 = 100 compare
- 30 Gambia 86.85 goods and services, 2000 = 100 compare
- 31 Sudan 86.49 goods and services, 2000 = 100 compare
More economy & growth data for Madagascar
- GDP deflator (base year varies by country), annual growth rate 8.38 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9244 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 553.93 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4,187 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.51 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6902 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 413.62 constant 2015 US$ per person (2025)
Frequently asked questions
- What is terms of trade in Madagascar?
- Terms of trade in Madagascar was 88.31 goods and services, 2000 = 100 in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest terms of trade recorded in Madagascar?
- The highest recorded value was 161.71 goods and services, 2000 = 100 in 1970.
- What is the lowest terms of trade recorded in Madagascar?
- The lowest recorded value was 72.81 goods and services, 2000 = 100 in 1992.
- How does Madagascar rank for terms of trade?
- Madagascar ranks 28th out of 41 countries with data for 2009.
- Is terms of trade rising or falling in Madagascar?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Terms of trade (goods and services, 2000 = 100). Statizoid updates them automatically from the source API.
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About this data
The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.