Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Madagascar

Merchandise trade (% of GDP) in Madagascar in 2025 — 39.44%. Ranked 138 in the world out of 189. Since 1960, the indicator has risen by 11.66 pp.

2025 39.44% −2.71 pp vs 2024
World rank 138of 189
Period maximum 59.18%2022
Period minimum 13.87%1983

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Madagascar, 1960–2025020406019601967197419811988199520022009201620231960: 27.78%1962: 29.22%1964: 28.41%1966: 27.1%1968: 27.72%1970: 28.33%1972: 27.65%1974: 27.38%1976: 25.67%1978: 31.13%1980: 19.24%1982: 15.15%1984: 17.92%1986: 15.36%1988: 19.88%1990: 24.67%1992: 21.48%1994: 28.28%1996: 23.07%1998: 27.96%2000: 41.5%2002: 20.8%2004: 52.76%2006: 43.61%2008: 47.47%2010: 37.39%2012: 39.81%2014: 43.3%2016: 44.06%2018: 52.11%2020: 40.2%2022: 59.18%2024: 42.15%2025: 39.44%
Change over the period: +11.66 pp Annual average: 0.18 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Madagascar

Madagascar 39.44%
World 43.89%
Eastern Africa computed 37.9%
Low-income countries computed 39.9%
Merchandise trade (% of GDP) — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2025 39.44 −2.71 pp
2024 42.15 −7.51 pp
2023 49.65 −9.53 pp
2022 59.18 +9.46 pp
2021 49.73 +9.52 pp
2020 40.2 −6.86 pp
2019 47.06 −5.05 pp
2018 52.11 +2.65 pp
2017 49.47 +5.41 pp
2016 44.06 +1.28 pp
2015 42.77 −0.53 pp
2014 43.3 +1.59 pp
2013 41.72 +1.91 pp
2012 39.81 +0.9 pp
2011 38.91 +1.52 pp
2010 37.39 −6.81 pp
2009 44.2 −3.26 pp
2008 47.47 +2.03 pp
2007 45.43 +1.83 pp
2006 43.61 −0.1 pp
2005 43.71 −9.05 pp
2004 52.76 +18.86 pp
2003 33.9 +13.1 pp
2002 20.8 −16.82 pp
2001 37.62 −3.88 pp
2000 41.5 +10.5 pp
1999 31 +3.03 pp
1998 27.96 −0.42 pp
1997 28.38 +5.31 pp
1996 23.07 −6.5 pp
1995 29.57 +1.29 pp
1994 28.28 +7.38 pp
1993 20.89 −0.59 pp
1992 21.48 −2.52 pp
1991 24 −0.68 pp
1990 24.67 +3.95 pp
1989 20.72 +0.84 pp
1988 19.88 +0.18 pp
1987 19.7 +4.34 pp
1986 15.36 −2.41 pp
1985 17.78 −0.14 pp
1984 17.92 +4.05 pp
1983 13.87 −1.28 pp
1982 15.15 −2.94 pp
1981 18.09 −1.15 pp
1980 19.24 −10.64 pp
1979 29.88 −1.24 pp
1978 31.13 +2.09 pp
1977 29.04 +3.37 pp
1976 25.67 −3.55 pp
1975 29.22 +1.84 pp
1974 27.38 +2.82 pp
1973 24.56 −3.09 pp
1972 27.65 −2.44 pp
1971 30.1 +1.76 pp
1970 28.33 +0.59 pp
1969 27.74 +0.01 pp
1968 27.72 +1.69 pp
1967 26.03 −1.07 pp
1966 27.1 −0.49 pp
1965 27.59 −0.82 pp
1964 28.41 +0.76 pp
1963 27.66 −1.56 pp
1962 29.22 +3.33 pp
1961 25.89 −1.89 pp
1960 27.78

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.