🇲🇬 Madagascar External balance on goods and services
Madagascar External balance on goods and services was -1,472,836,059 in 2024, down 30.2% from 2023, according to World Bank data. The 10-year average is -923,973,423. Historical data available from 1960 to 2024 (65 data points). The all-time high was -26,965,837 in 1970.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Economy & Growth
Latest Value
-1,472,836,059
2024
Year-on-Year
-30.2%
vs 2023
10-Year Average
-923,973,423
2015–2024
Range
High: -26,965,837 (1970)
Low: -2,083,019,727 (2009)
Madagascar External balance on goods and services (current US$) — 1960 to 2024
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About this Indicator
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | -1,472,836,059 |
| 2023 | -1,131,042,558 |
| 2022 | -1,449,885,543 |
| 2021 | -1,296,604,714 |
| 2020 | -1,138,941,534 |
| 2019 | -811,373,735 |
| 2018 | -656,278,920 |
| 2017 | -466,196,389 |
| 2016 | -313,936,088 |
| 2015 | -502,638,692 |
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<iframe src="https://nationstat.com/country/madagascar/external-balance-on-goods-and-services-current-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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