Commercial service exports (current US$) in Madagascar

Madagascar: Commercial service exports (current US$) was 1.64 billion current US$ in 2025. ◆ Volatile

Latest (2025)
1.64 billion current US$
Change on year
up 8.2%
World rank
120th
of 200 countries
All-time high
1.64 billion current US$
in 2025
All-time low
23.31 million current US$
in 1978
Years of data
52
1974–2025

Commercial service exports in Madagascar, 1974–2025

0500.0M1.0B1.5B197419992025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

Madagascar recorded 1.64 billion current US$ for commercial service exports in 2025. That is the highest value across all 52 years on record.

That represents a change of up 8.2% on the previous year and up 49.5% over ten years.

Over the whole period, commercial service exports in Madagascar peaked at 1.64 billion current US$ in 2025 and was at its lowest, 23.31 million current US$, in 1978.

That places Madagascar 120th out of 200 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Commercial service exports (current US$) in Madagascar, year by year

Annual values for Commercial service exports (current US$) in Madagascar, 1974 to 2025.
Year current US$ Change
1974 32.28 million current US$ —
1975 53.85 million current US$ +66.8%
1976 34.65 million current US$ -35.6%
1977 23.97 million current US$ -30.8%
1978 23.31 million current US$ -2.8%
1979 50.86 million current US$ +118.2%
1980 55.24 million current US$ +8.6%
1981 47.51 million current US$ -14.0%
1982 42.26 million current US$ -11.0%
1983 39.54 million current US$ -6.4%
1984 46.44 million current US$ +17.5%
1985 49.15 million current US$ +5.8%
1986 62.05 million current US$ +26.3%
1987 81.20 million current US$ +30.9%
1988 99.18 million current US$ +22.1%
1989 112.53 million current US$ +13.5%
1990 129.16 million current US$ +14.8%
1991 125.06 million current US$ -3.2%
1992 142.97 million current US$ +14.3%
1993 153.03 million current US$ +7.0%
1994 183.83 million current US$ +20.1%
1995 220.60 million current US$ +20.0%
1996 253.49 million current US$ +14.9%
1997 285.58 million current US$ +12.7%
1998 308.10 million current US$ +7.9%
1999 300.03 million current US$ -2.6%
2000 356.25 million current US$ +18.7%
2001 404.54 million current US$ +13.6%
2002 467.18 million current US$ +15.5%
2003 293.11 million current US$ -37.3%
2004 400.65 million current US$ +36.7%
2005 415.92 million current US$ +3.8%
2006 557.55 million current US$ +34.1%
2007 861.20 million current US$ +54.5%
2008 1.15 billion current US$ +33.7%
2009 789.25 million current US$ -31.4%
2010 954.96 million current US$ +21.0%
2011 1.18 billion current US$ +24.1%
2012 1.33 billion current US$ +12.1%
2013 1.31 billion current US$ -1.1%
2014 1.36 billion current US$ +3.2%
2015 1.10 billion current US$ -18.9%
2016 1.21 billion current US$ +9.7%
2017 1.32 billion current US$ +9.3%
2018 1.34 billion current US$ +1.7%
2019 1.44 billion current US$ +7.3%
2020 610.67 million current US$ -57.5%
2021 621.68 million current US$ +1.8%
2022 1.12 billion current US$ +80.1%
2023 1.23 billion current US$ +10.1%
2024 1.52 billion current US$ +23.3%
2025 1.64 billion current US$ +8.2%

Madagascar compared with similar countries

  • Madagascar's 1.64 billion current US$ is above the median for low income countries, which is 436.55 million current US$, 3.8× the median. (23 countries reporting)
  • Madagascar's 1.64 billion current US$ is above the median for Sub-Saharan Africa, which is 461.00 million current US$, 3.6× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Commercial service exports (current US$) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1979 +118.2% 23.31 million current US$ 50.86 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 36.49 million current US$ 23.31 million current US$ 53.85 million current US$ 6
1980s 63.51 million current US$ 39.54 million current US$ 112.53 million current US$ 10
1990s 210.19 million current US$ 125.06 million current US$ 308.10 million current US$ 10
2000s 569.70 million current US$ 293.11 million current US$ 1.15 billion current US$ 10
2010s 1.25 billion current US$ 954.96 million current US$ 1.44 billion current US$ 10
2020s 1.12 billion current US$ 610.67 million current US$ 1.64 billion current US$ 6

Countries ranked near Madagascar

  1. 117 Bermuda 1.90 billion current US$ compare
  2. 118 Laos 1.83 billion current US$ compare
  3. 119 Cameroon 1.74 billion current US$ compare
  4. 121 Nepal 1.58 billion current US$ compare
  5. 122 Curacao 1.52 billion current US$ compare
  6. 123 Barbados 1.50 billion current US$ compare

See the full ranking of 245 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is commercial service exports in Madagascar?
Commercial service exports in Madagascar was 1.64 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Madagascar?
The highest recorded value was 1.64 billion current US$ in 2025.
What is the lowest commercial service exports recorded in Madagascar?
The lowest recorded value was 23.31 million current US$ in 1978.
How does Madagascar rank for commercial service exports?
Madagascar ranks 120th out of 200 countries with data for 2025.
Is commercial service exports rising or falling in Madagascar?
Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.

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Commercial service exports in Madagascar. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 November 2026, from https://private-sector.statizoid.com/stat/commercial-service-exports-current-us/madagascar/

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 9,881 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. 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.