Commercial service imports in Madagascar
Madagascar: Commercial service imports was 1.25 billion current US$ in 2024. ◆ Volatile
Latest (2024)
1.25 billion current US$
Change on year
up 0.5%
World rank
143rd
of 200 countries
All-time high
1.34 billion current US$
in 2008
All-time low
103.28 million current US$
in 1974
Years of data
51
1974–2024
Commercial service imports in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Madagascar recorded 1.25 billion current US$ for commercial service imports in 2024.
That represents a change of up 0.5% on the previous year and up 10.6% over ten years.
Over the whole period, commercial service imports in Madagascar peaked at 1.34 billion current US$ in 2008 and was at its lowest, 103.28 million current US$, in 1974.
That places Madagascar 143rd out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 103.28 million current US$ | — |
| 1975 | 137.88 million current US$ | +33.5% |
| 1976 | 126.26 million current US$ | -8.4% |
| 1977 | 126.55 million current US$ | +0.2% |
| 1978 | 159.36 million current US$ | +25.9% |
| 1979 | 220.90 million current US$ | +38.6% |
| 1980 | 258.71 million current US$ | +17.1% |
| 1981 | 173.11 million current US$ | -33.1% |
| 1982 | 153.49 million current US$ | -11.3% |
| 1983 | 122.20 million current US$ | -20.4% |
| 1984 | 115.22 million current US$ | -5.7% |
| 1985 | 128.43 million current US$ | +11.5% |
| 1986 | 153.24 million current US$ | +19.3% |
| 1987 | 160.34 million current US$ | +4.6% |
| 1988 | 168.13 million current US$ | +4.9% |
| 1989 | 151.77 million current US$ | -9.7% |
| 1990 | 171.89 million current US$ | +13.3% |
| 1991 | 194.03 million current US$ | +12.9% |
| 1992 | 223.43 million current US$ | +15.2% |
| 1993 | 253.71 million current US$ | +13.6% |
| 1994 | 303.81 million current US$ | +19.7% |
| 1995 | 377.33 million current US$ | +24.2% |
| 1996 | 320.78 million current US$ | -15.0% |
| 1997 | 288.52 million current US$ | -10.1% |
| 1998 | 326.27 million current US$ | +13.1% |
| 1999 | 336.40 million current US$ | +3.1% |
| 2000 | 395.46 million current US$ | +17.6% |
| 2001 | 424.36 million current US$ | +7.3% |
| 2002 | 561.15 million current US$ | +32.2% |
| 2003 | 478.85 million current US$ | -14.7% |
| 2004 | 472.78 million current US$ | -1.3% |
| 2005 | 540.66 million current US$ | +14.4% |
| 2006 | 633.43 million current US$ | +17.2% |
| 2007 | 1.00 billion current US$ | +57.9% |
| 2008 | 1.34 billion current US$ | +33.8% |
| 2009 | 1.11 billion current US$ | -17.4% |
| 2010 | 1.09 billion current US$ | -1.6% |
| 2011 | 1.19 billion current US$ | +9.4% |
| 2012 | 1.17 billion current US$ | -2.0% |
| 2013 | 1.26 billion current US$ | +7.7% |
| 2014 | 1.13 billion current US$ | -9.8% |
| 2015 | 1.02 billion current US$ | -10.3% |
| 2016 | 951.93 million current US$ | -6.3% |
| 2017 | 1.07 billion current US$ | +12.6% |
| 2018 | 1.12 billion current US$ | +4.8% |
| 2019 | 1.01 billion current US$ | -10.1% |
| 2020 | 680.57 million current US$ | -32.6% |
| 2021 | 939.79 million current US$ | +38.1% |
| 2022 | 1.31 billion current US$ | +39.4% |
| 2023 | 1.25 billion current US$ | -4.8% |
| 2024 | 1.25 billion current US$ | +0.5% |
Madagascar compared with similar countries
- Madagascar's 1.25 billion current US$ is above the median for low income countries, which is 1.04 billion current US$, 1.2× the median. (23 countries reporting)
- Madagascar's 1.25 billion current US$ is below the median for Sub-Saharan Africa, which is 1.39 billion current US$, 90% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 145.70 million current US$ | 103.28 million current US$ | 220.90 million current US$ | 6 |
| 1980s | 158.46 million current US$ | 115.22 million current US$ | 258.71 million current US$ | 10 |
| 1990s | 279.62 million current US$ | 171.89 million current US$ | 377.33 million current US$ | 10 |
| 2000s | 695.09 million current US$ | 395.46 million current US$ | 1.34 billion current US$ | 10 |
| 2010s | 1.10 billion current US$ | 951.93 million current US$ | 1.26 billion current US$ | 10 |
| 2020s | 1.09 billion current US$ | 680.57 million current US$ | 1.31 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$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Madagascar?
- Commercial service imports in Madagascar was 1.25 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Madagascar?
- The highest recorded value was 1.34 billion current US$ in 2008.
- What is the lowest commercial service imports recorded in Madagascar?
- The lowest recorded value was 103.28 million current US$ in 1974.
- How does Madagascar rank for commercial service imports?
- Madagascar ranks 143rd out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Madagascar?
- Over the last ten years it is up 10.6%. 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 imports (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 imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.