Merchandise exports to high-income economies in Madagascar
Madagascar: Merchandise exports to high-income economies was 74.5% in 2023. ▼ Falling
Merchandise exports to high-income economies in Madagascar, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Madagascar recorded 74.5% for merchandise exports to high-income economies in 2023.
The figure is up 4.3% on the previous year and down 4.5% over ten years.
Over the whole period, merchandise exports to high-income economies in Madagascar peaked at 99.3% in 1984 and was at its lowest, 70.7%, in 2018.
That places Madagascar 76th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Madagascar, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 86.9% | — |
| 1961 | 92.0% | +5.8% |
| 1962 | 92.4% | +0.5% |
| 1963 | 94.8% | +2.6% |
| 1964 | 93.3% | -1.6% |
| 1965 | 94.6% | +1.4% |
| 1966 | 92.6% | -2.1% |
| 1967 | 88.5% | -4.4% |
| 1968 | 87.5% | -1.2% |
| 1969 | 87.3% | -0.2% |
| 1970 | 83.2% | -4.7% |
| 1971 | 85.5% | +2.7% |
| 1972 | 88.6% | +3.7% |
| 1973 | 86.7% | -2.2% |
| 1974 | 91.8% | +5.9% |
| 1975 | 85.8% | -6.5% |
| 1976 | 90.3% | +5.1% |
| 1977 | 86.7% | -3.9% |
| 1978 | 79.6% | -8.3% |
| 1979 | 77.4% | -2.8% |
| 1980 | 90.2% | +16.6% |
| 1981 | 72.9% | -19.2% |
| 1982 | 82.1% | +12.6% |
| 1983 | 95.7% | +16.6% |
| 1984 | 99.3% | +3.7% |
| 1985 | 90.6% | -8.7% |
| 1986 | 92.7% | +2.3% |
| 1987 | 92.4% | -0.3% |
| 1988 | 95.6% | +3.4% |
| 1989 | 88.0% | -7.9% |
| 1990 | 93.1% | +5.8% |
| 1991 | 91.8% | -1.4% |
| 1992 | 91.2% | -0.6% |
| 1993 | 92.1% | +1.0% |
| 1994 | 93.6% | +1.6% |
| 1995 | 87.4% | -6.6% |
| 1996 | 90.8% | +3.9% |
| 1997 | 87.1% | -4.1% |
| 1998 | 83.5% | -4.2% |
| 1999 | 84.2% | +0.8% |
| 2000 | 93.4% | +11.0% |
| 2001 | 89.1% | -4.7% |
| 2002 | 90.0% | +1.1% |
| 2003 | 90.1% | +0.1% |
| 2004 | 92.3% | +2.5% |
| 2005 | 87.7% | -5.1% |
| 2006 | 89.4% | +1.9% |
| 2007 | 89.8% | +0.5% |
| 2008 | 89.3% | -0.5% |
| 2009 | 84.9% | -4.9% |
| 2010 | 73.2% | -13.9% |
| 2011 | 77.4% | +5.8% |
| 2012 | 72.0% | -6.9% |
| 2013 | 78.0% | +8.3% |
| 2014 | 80.2% | +2.9% |
| 2015 | 76.2% | -5.0% |
| 2016 | 78.3% | +2.7% |
| 2017 | 78.9% | +0.8% |
| 2018 | 70.7% | -10.4% |
| 2019 | 80.1% | +13.3% |
| 2020 | 80.2% | +0.1% |
| 2021 | 73.2% | -8.8% |
| 2022 | 71.4% | -2.5% |
| 2023 | 74.5% | +4.3% |
Madagascar compared with similar countries
- Madagascar's 74.5% is above the median for low income countries, which is 46.1%, 1.6× the median. (25 countries reporting)
- Madagascar's 74.5% is above the median for Sub-Saharan Africa, which is 49.5%, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 91.0% | 86.9% | 94.8% | 10 |
| 1970s | 85.6% | 77.4% | 91.8% | 10 |
| 1980s | 90.0% | 72.9% | 99.3% | 10 |
| 1990s | 89.5% | 83.5% | 93.6% | 10 |
| 2000s | 89.6% | 84.9% | 93.4% | 10 |
| 2010s | 76.5% | 70.7% | 80.2% | 10 |
| 2020s | 74.8% | 71.4% | 80.2% | 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 to high-income economies in Madagascar?
- Merchandise exports to high-income economies in Madagascar was 74.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Madagascar?
- The highest recorded value was 99.3% in 1984.
- What is the lowest merchandise exports to high-income economies recorded in Madagascar?
- The lowest recorded value was 70.7% in 2018.
- How does Madagascar rank for merchandise exports to high-income economies?
- Madagascar ranks 76th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Madagascar?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.