Commercial service exports in Madagascar
Madagascar: Commercial service exports was 1.52 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Madagascar recorded 1.52 billion current US$ for commercial service exports in 2024. That is the highest value across all 51 years on record.
That represents a change of up 23.3% on the previous year and up 12.1% over ten years.
Over the whole period, commercial service exports in Madagascar peaked at 1.52 billion current US$ in 2024 and was at its lowest, 23.31 million current US$, in 1978.
That places Madagascar 122nd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Madagascar, year by year
| Year | current US$ | 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% |
Madagascar compared with similar countries
- Madagascar's 1.52 billion current US$ is above the median for low income countries, which is 436.55 million current US$, 3.5× the median. (23 countries reporting)
- Madagascar's 1.52 billion current US$ is above the median for Sub-Saharan Africa, which is 479.01 million current US$, 3.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +118.2% | 23.31 million current US$ | 50.86 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 1.02 billion current US$ | 610.67 million current US$ | 1.52 billion current US$ | 5 |
Countries ranked near Madagascar
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$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Madagascar?
- Commercial service exports in Madagascar was 1.52 billion current US$ in 2024, 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 1.52 billion current US$ in 2024.
- 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 122nd out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Madagascar?
- Over the last ten years it is up 12.1%. 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.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.