Merchandise imports from low- and middle-income economies in Latin in Madagascar

Madagascar: Merchandise imports from low- and middle-income economies in Latin was 2.5% in 2023. ◆ Volatile

Latest (2023)
2.5%
Change on year
down 16.5%
World rank
80th
of 206 countries
All-time high
3.6%
in 2004
All-time low
0.1%
in 1966
Years of data
44
1960–2023

Merchandise imports from low- and middle-income economies in Latin in Madagascar, 1960–2023

012341960199120231960: 0.092 % of total merchandise imports1965: 0.743 % of total merchandise imports1966: 0.074 % of total merchandise imports1977: 1.9 % of total merchandise imports1978: 0.583 % of total merchandise imports1979: 0.718 % of total merchandise imports1986: 0.425 % of total merchandise imports1987: 0.113 % of total merchandise imports1988: 0.476 % of total merchandise imports1989: 1.1 % of total merchandise imports1990: 1.2 % of total merchandise imports1991: 1.1 % of total merchandise imports1992: 0.519 % of total merchandise imports1993: 1.1 % of total merchandise imports1994: 0.481 % of total merchandise imports1995: 1.4 % of total merchandise imports1996: 0.458 % of total merchandise imports1997: 3.1 % of total merchandise imports1998: 1.9 % of total merchandise imports1999: 0.898 % of total merchandise imports2000: 3.5 % of total merchandise imports2001: 1.7 % of total merchandise imports2002: 2.8 % of total merchandise imports2003: 2.9 % of total merchandise imports2004: 3.6 % of total merchandise imports2005: 1.9 % of total merchandise imports2006: 1.5 % of total merchandise imports2007: 2 % of total merchandise imports2008: 2.7 % of total merchandise imports2009: 1.7 % of total merchandise imports2010: 1.1 % of total merchandise imports2011: 1.8 % of total merchandise imports2012: 1.6 % of total merchandise imports2013: 1.8 % of total merchandise imports2014: 2 % of total merchandise imports2015: 2 % of total merchandise imports2016: 2.2 % of total merchandise imports2017: 2.3 % of total merchandise imports2018: 1.5 % of total merchandise imports2019: 1.7 % of total merchandise imports2020: 2.3 % of total merchandise imports2021: 3.4 % of total merchandise imports2022: 3 % of total merchandise imports2023: 2.5 % of total merchandise imports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

The most recent figure for merchandise imports from low- and middle-income economies in latin in Madagascar is 2.5%, measured in 2023.

The figure is down 16.5% on the previous year and up 42.2% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Madagascar peaked at 3.6% in 2004 and was at its lowest, 0.1%, in 1966.

Madagascar ranks 80th 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 imports from low- and middle-income economies in Latin in Madagascar, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Madagascar, 1960 to 2023.
Year % of total merchandise imports Change
1960 0.1%
1965 0.7% +707.6%
1966 0.1% -90.1%
1977 1.9% +2449.0%
1978 0.6% -69.0%
1979 0.7% +23.2%
1986 0.4% -40.8%
1987 0.1% -73.3%
1988 0.5% +319.7%
1989 1.1% +130.8%
1990 1.2% +10.5%
1991 1.1% -9.4%
1992 0.5% -52.8%
1993 1.1% +107.0%
1994 0.5% -55.2%
1995 1.4% +192.0%
1996 0.5% -67.4%
1997 3.1% +580.2%
1998 1.9% -39.2%
1999 0.9% -52.5%
2000 3.5% +292.8%
2001 1.7% -52.0%
2002 2.8% +65.4%
2003 2.9% +3.5%
2004 3.6% +23.7%
2005 1.9% -47.9%
2006 1.5% -22.2%
2007 2.0% +36.9%
2008 2.7% +36.0%
2009 1.7% -39.0%
2010 1.1% -34.0%
2011 1.8% +63.3%
2012 1.6% -11.1%
2013 1.8% +12.1%
2014 2.0% +10.5%
2015 2.0% +1.0%
2016 2.2% +8.5%
2017 2.3% +8.2%
2018 1.5% -34.9%
2019 1.7% +10.8%
2020 2.3% +39.6%
2021 3.4% +43.4%
2022 3.0% -10.1%
2023 2.5% -16.5%

Madagascar compared with similar countries

  • Madagascar's 2.5% is above the median for low income countries, which is 0.8%, 3.2× the median. (25 countries reporting)
  • Madagascar's 2.5% is above the median for Sub-Saharan Africa, which is 1.5%, 1.7× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Latin 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
1977 +2449.0% 0.1% 1.9%
1965 +707.6% 0.1% 0.7%
1997 +580.2% 0.5% 3.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.3% 0.1% 0.7% 3
1970s 1.1% 0.6% 1.9% 3
1980s 0.5% 0.1% 1.1% 4
1990s 1.2% 0.5% 3.1% 10
2000s 2.4% 1.5% 3.6% 10
2010s 1.8% 1.1% 2.3% 10
2020s 2.8% 2.3% 3.4% 4

Countries ranked near Madagascar

  1. 77 Tunisia 2.6% compare
  2. 78 Bahamas 2.6% compare
  3. 79 Viet Nam 2.5% compare
  4. 81 South Africa 2.4% compare
  5. 82 Congo 2.4% compare
  6. 83 Ghana 2.4% compare

See the full ranking of 253 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Madagascar?
Merchandise imports from low- and middle-income economies in latin in Madagascar was 2.5% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in latin recorded in Madagascar?
The highest recorded value was 3.6% in 2004.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Madagascar?
The lowest recorded value was 0.1% in 1966.
How does Madagascar rank for merchandise imports from low- and middle-income economies in latin?
Madagascar ranks 80th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Madagascar?
Over the last ten years it is up 42.2%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in Latin in Madagascar. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 15 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/madagascar/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.