Madagascar: Growth of exports

* indicates monthly or quarterly data series
 Madagascar

Exports of goods and services, annual growth

 Latest value 0.46
 Year 2025
 Measure percent
 Data availability 1961 - 2025
 Average 5.12
 Min - Max -45.87 - 74.32
 Source The World Bank
 Available for Data download
The latest value from 2025 is 0.46 percent, unchanged from 0.46 percent in 2024. In comparison, the world average is 5.41 percent, based on data from 128 countries. Historically, the average for Madagascar from 1961 to 2025 is 5.12 percent. The minimum value, -45.87 percent, was reached in 2002 while the maximum of 74.32 percent was recorded in 1961. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Madagascar: Growth of exports
 2025 0.46
 2024 0.46
 2023 0.45
 2022 26.71
 2021 25.95
 2020 -36.64
 2019 10.91
 2018 2.45




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 84.40 2024 percent
 Trade openness 54.24 2025 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 21.33 2025 percent
 Exports, billion dollars 4.19 2025 billion U.S. dollars
 Growth of exports 0.46 2025 percent
 Imports, percent of GDP 32.91 2025 percent
 Imports, billion dollars 6.46 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.45 2024 percent
 Foreign Direct Investment, billion dollars 0.61 2024 billion U.S. dollars
 Portfolio investment inflows, equities 0.34 2017 million dollars (current)
 Current account, percent of GDP -4.26 2024 percent
 Current account, in dollars -0.75 2024 billion U.S. dollars
 Trade balance, percent of GDP -11.57 2025 percent
 Trade balance, in dollars -1.32 2024 billion U.S. dollars
 Reserves 2.78 2024 billion U.S. dollars
 Remittances, percent of GDP 2.33 2024 percent
 Remittances 406.26 2024 million U.S. dollars
 Net errors and omissions -240.77 2024 million USD
 External debt 39.71 2024 percent
 Short-term external debt 1.99 2023 percent
 Short-term debt to reserves 4.88 2023 percent
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