🇲🇬 Madagascar External balance on goods and services
Madagascar External balance on goods and services was -6,665,208,709,200 in 2024, down 33.0% from 2023, according to World Bank data. The 10-year average is -3,594,293,193,850. Historical data available from 1960 to 2024 (65 data points). The all-time high was -1,497,733,800 in 1970.
Source: World Bank World Development Indicators • 1960–2024 • 65 data points • Economy & Growth
Latest Value
-6,665,208,709,200
2024
Year-on-Year
-33.0%
vs 2023
10-Year Average
-3,594,293,193,850
2015–2024
Range
High: -1,497,733,800 (1970)
Low: -6,665,208,709,200 (2024)
Madagascar External balance on goods and services (current LCU) — 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 series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | -6,665,208,709,200 |
| 2023 | -5,010,042,607,100 |
| 2022 | -5,938,899,636,000 |
| 2021 | -4,965,967,335,300 |
| 2020 | -4,314,030,418,200 |
| 2019 | -2,935,811,322,000 |
| 2018 | -2,188,527,609,000 |
| 2017 | -1,452,719,231,000 |
| 2016 | -997,230,279,000 |
| 2015 | -1,474,494,791,700 |
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<iframe src="https://nationstat.com/en/country/madagascar/external-balance-on-goods-and-services-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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