Commercial service exports (current US$), annual growth rate in Madagascar
Madagascar: Commercial service exports (current US$), annual growth rate was 23.33 % change on previous year in 2024. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Madagascar, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, commercial service exports (current us$), annual growth rate in Madagascar stood at 23.33 % change on previous year.
The figure is up 131.8% on the previous year and up 618.3% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Madagascar peaked at 118.21 % change on previous year in 1979 and was at its lowest, -57.54 % change on previous year, in 2020.
Madagascar ranks 28th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 66.81 % change on previous year | — |
| 1976 | -35.65 % change on previous year | -153.4% |
| 1977 | -30.81 % change on previous year | -13.6% |
| 1978 | -2.77 % change on previous year | -91.0% |
| 1979 | 118.21 % change on previous year | -4364.9% |
| 1980 | 8.59 % change on previous year | -92.7% |
| 1981 | -13.99 % change on previous year | -262.8% |
| 1982 | -11.05 % change on previous year | -21.0% |
| 1983 | -6.44 % change on previous year | -41.7% |
| 1984 | 17.45 % change on previous year | -371.1% |
| 1985 | 5.83 % change on previous year | -66.6% |
| 1986 | 26.26 % change on previous year | +350.4% |
| 1987 | 30.85 % change on previous year | +17.5% |
| 1988 | 22.15 % change on previous year | -28.2% |
| 1989 | 13.46 % change on previous year | -39.2% |
| 1990 | 14.77 % change on previous year | +9.7% |
| 1991 | -3.17 % change on previous year | -121.5% |
| 1992 | 14.33 % change on previous year | -551.6% |
| 1993 | 7.03 % change on previous year | -50.9% |
| 1994 | 20.12 % change on previous year | +186.1% |
| 1995 | 20.01 % change on previous year | -0.6% |
| 1996 | 14.91 % change on previous year | -25.5% |
| 1997 | 12.66 % change on previous year | -15.1% |
| 1998 | 7.88 % change on previous year | -37.7% |
| 1999 | -2.62 % change on previous year | -133.2% |
| 2000 | 18.74 % change on previous year | -815.4% |
| 2001 | 13.56 % change on previous year | -27.6% |
| 2002 | 15.48 % change on previous year | +14.2% |
| 2003 | -37.26 % change on previous year | -340.6% |
| 2004 | 36.69 % change on previous year | -198.5% |
| 2005 | 3.81 % change on previous year | -89.6% |
| 2006 | 34.05 % change on previous year | +793.6% |
| 2007 | 54.46 % change on previous year | +59.9% |
| 2008 | 33.69 % change on previous year | -38.1% |
| 2009 | -31.45 % change on previous year | -193.4% |
| 2010 | 21 % change on previous year | -166.8% |
| 2011 | 24.07 % change on previous year | +14.7% |
| 2012 | 12.05 % change on previous year | -49.9% |
| 2013 | -1.13 % change on previous year | -109.4% |
| 2014 | 3.25 % change on previous year | -387.8% |
| 2015 | -18.91 % change on previous year | -682.4% |
| 2016 | 9.73 % change on previous year | -151.5% |
| 2017 | 9.29 % change on previous year | -4.5% |
| 2018 | 1.72 % change on previous year | -81.5% |
| 2019 | 7.29 % change on previous year | +324.3% |
| 2020 | -57.54 % change on previous year | -889.4% |
| 2021 | 1.8 % change on previous year | -103.1% |
| 2022 | 80.06 % change on previous year | +4343.6% |
| 2023 | 10.06 % change on previous year | -87.4% |
| 2024 | 23.33 % change on previous year | +131.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.16 % change on previous year | -35.65 % change on previous year | 118.21 % change on previous year | 5 |
| 1980s | 9.31 % change on previous year | -13.99 % change on previous year | 30.85 % change on previous year | 10 |
| 1990s | 10.59 % change on previous year | -3.17 % change on previous year | 20.12 % change on previous year | 10 |
| 2000s | 14.18 % change on previous year | -37.26 % change on previous year | 54.46 % change on previous year | 10 |
| 2010s | 6.84 % change on previous year | -18.91 % change on previous year | 24.07 % change on previous year | 10 |
| 2020s | 11.54 % change on previous year | -57.54 % change on previous year | 80.06 % change on previous year | 5 |
Countries ranked near Madagascar
- 25 Malaysia 25.2 % change on previous year compare
- 26 Gambia 23.65 % change on previous year compare
- 27 Viet Nam 23.46 % change on previous year compare
- 29 Eritrea 23.13 % change on previous year compare
- 30 Ireland 22 % change on previous year compare
- 31 Namibia 21.22 % change on previous year compare
More private sector data for Madagascar
- Merchandise trade 39.4% (2025)
- Food imports 18.4% (2024)
- Manufactures imports 58.9% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Food exports 30.5% (2024)
- Manufactures exports 32.3% (2024)
- Merchandise exports 2.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 76.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1273 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Madagascar?
- Commercial service exports (current us$), annual growth rate in Madagascar was 23.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 118.21 % change on previous year in 1979.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -57.54 % change on previous year in 2020.
- How does Madagascar rank for commercial service exports (current us$), annual growth rate?
- Madagascar ranks 28th out of 198 countries with data for 2024.
- Is commercial service exports (current us$), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is up 618.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.