Merchandise exports by the reporting economy (current US$) in Madagascar
Madagascar: Merchandise exports by the reporting economy (current US$) was 3.09 billion current US$ in 2023. ◆ Volatile
Latest (2023)
3.09 billion current US$
Change on year
down 12.7%
World rank
134th
of 206 countries
All-time high
3.55 billion current US$
in 2022
All-time low
63.50 million current US$
in 1961
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Madagascar, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise exports by the reporting economy in Madagascar is 3.09 billion current US$, measured in 2023.
The figure is down 12.7% on the previous year and up 97.5% over ten years.
Over the whole period, merchandise exports by the reporting economy in Madagascar peaked at 3.55 billion current US$ in 2022 and was at its lowest, 63.50 million current US$, in 1961.
Madagascar ranks 134th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 68.00 million current US$ | — |
| 1961 | 63.50 million current US$ | -6.6% |
| 1962 | 78.00 million current US$ | +22.8% |
| 1963 | 71.30 million current US$ | -8.6% |
| 1964 | 80.60 million current US$ | +13.0% |
| 1965 | 83.50 million current US$ | +3.6% |
| 1966 | 86.90 million current US$ | +4.1% |
| 1967 | 83.80 million current US$ | -3.6% |
| 1968 | 90.20 million current US$ | +7.6% |
| 1969 | 92.95 million current US$ | +3.1% |
| 1970 | 119.19 million current US$ | +28.2% |
| 1971 | 121.37 million current US$ | +1.8% |
| 1972 | 134.60 million current US$ | +10.9% |
| 1973 | 168.59 million current US$ | +25.3% |
| 1974 | 196.00 million current US$ | +16.3% |
| 1975 | 172.65 million current US$ | -11.9% |
| 1976 | 221.54 million current US$ | +28.3% |
| 1977 | 296.53 million current US$ | +33.8% |
| 1978 | 343.80 million current US$ | +15.9% |
| 1979 | 366.49 million current US$ | +6.6% |
| 1980 | 342.73 million current US$ | -6.5% |
| 1981 | 248.46 million current US$ | -27.5% |
| 1982 | 240.75 million current US$ | -3.1% |
| 1983 | 257.87 million current US$ | +7.1% |
| 1984 | 307.12 million current US$ | +19.1% |
| 1985 | 246.06 million current US$ | -19.9% |
| 1986 | 292.66 million current US$ | +18.9% |
| 1987 | 299.63 million current US$ | +2.4% |
| 1988 | 240.05 million current US$ | -19.9% |
| 1989 | 279.64 million current US$ | +16.5% |
| 1990 | 342.29 million current US$ | +22.4% |
| 1991 | 263.64 million current US$ | -23.0% |
| 1992 | 233.21 million current US$ | -11.5% |
| 1993 | 221.88 million current US$ | -4.9% |
| 1994 | 283.72 million current US$ | +27.9% |
| 1995 | 301.88 million current US$ | +6.4% |
| 1996 | 275.06 million current US$ | -8.9% |
| 1997 | 207.69 million current US$ | -24.5% |
| 1998 | 214.86 million current US$ | +3.4% |
| 1999 | 195.83 million current US$ | -8.9% |
| 2000 | 783.38 million current US$ | +300.0% |
| 2001 | 925.15 million current US$ | +18.1% |
| 2002 | 667.21 million current US$ | -27.9% |
| 2003 | 999.94 million current US$ | +49.9% |
| 2004 | 943.49 million current US$ | -5.6% |
| 2005 | 813.45 million current US$ | -13.8% |
| 2006 | 892.45 million current US$ | +9.7% |
| 2007 | 1.13 billion current US$ | +26.6% |
| 2008 | 1.24 billion current US$ | +9.8% |
| 2009 | 966.05 million current US$ | -22.1% |
| 2010 | 1.01 billion current US$ | +5.0% |
| 2011 | 1.40 billion current US$ | +38.4% |
| 2012 | 1.14 billion current US$ | -18.8% |
| 2013 | 1.57 billion current US$ | +37.5% |
| 2014 | 2.14 billion current US$ | +36.9% |
| 2015 | 2.06 billion current US$ | -3.9% |
| 2016 | 2.21 billion current US$ | +7.1% |
| 2017 | 2.87 billion current US$ | +30.0% |
| 2018 | 2.97 billion current US$ | +3.4% |
| 2019 | 2.50 billion current US$ | -15.7% |
| 2020 | 1.95 billion current US$ | -22.1% |
| 2021 | 2.71 billion current US$ | +38.9% |
| 2022 | 3.55 billion current US$ | +31.0% |
| 2023 | 3.09 billion current US$ | -12.7% |
Madagascar compared with similar countries
- Madagascar's 3.09 billion current US$ is above the median for low income countries, which is 992.04 million current US$, 3.1× the median. (25 countries reporting)
- Madagascar's 3.09 billion current US$ is below the median for Sub-Saharan Africa, which is 4.14 billion current US$, 75% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +300.0% | 195.83 million current US$ | 783.38 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 79.88 million current US$ | 63.50 million current US$ | 92.95 million current US$ | 10 |
| 1970s | 214.07 million current US$ | 119.19 million current US$ | 366.49 million current US$ | 10 |
| 1980s | 275.50 million current US$ | 240.05 million current US$ | 342.73 million current US$ | 10 |
| 1990s | 254.01 million current US$ | 195.83 million current US$ | 342.29 million current US$ | 10 |
| 2000s | 936.18 million current US$ | 667.21 million current US$ | 1.24 billion current US$ | 10 |
| 2010s | 1.99 billion current US$ | 1.01 billion current US$ | 2.97 billion current US$ | 10 |
| 2020s | 2.82 billion current US$ | 1.95 billion current US$ | 3.55 billion current US$ | 4 |
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$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Madagascar?
- Merchandise exports by the reporting economy in Madagascar was 3.09 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Madagascar?
- The highest recorded value was 3.55 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Madagascar?
- The lowest recorded value was 63.50 million current US$ in 1961.
- How does Madagascar rank for merchandise exports by the reporting economy?
- Madagascar ranks 134th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Madagascar?
- Over the last ten years it is up 97.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.