Trade balance — all countries

Trade balance — Madagascar

Trade balance in Madagascar in 2025 — -2,271,026,604 US$. Ranked 92 in the world out of 138. Since 1960, the indicator has fallen by 5,016.6%.

2025 -2.27B US$ −35.58% vs 2024
World rank 92of 138
Period maximum -26.97M US$1970
Period minimum -2.27B US$2025

Trend over time

1960–2025 · US$

Trade balance — Madagascar, 1960–2025-3B-2B-1B019601967197419811988199520022009201620231960: -44,385,302 US$1962: -34,217,891 US$1964: -53,164,815 US$1966: -53,145,783 US$1968: -51,994,464 US$1970: -26,965,837 US$1972: -54,472,052 US$1974: -89,758,417 US$1976: -51,512,446 US$1978: -184,382,967 US$1980: -464,817,139 US$1982: -213,066,699 US$1984: -68,944,570 US$1986: -80,543,285 US$1988: -106,140,997 US$1990: -261,058,358 US$1992: -154,739,870 US$1994: -123,958,217 US$1996: -90,388,044 US$1998: -198,415,867 US$2000: -210,065,321 US$2002: -350,565,526 US$2004: -499,421,583 US$2006: -455,951,071 US$2008: -2,031,658,030 US$2010: -1,410,171,128 US$2012: -1,052,567,029 US$2014: -676,942,020 US$2016: -313,936,088 US$2018: -656,278,920 US$2020: -1,138,941,534 US$2022: -1,449,875,987 US$2024: -1,675,046,224 US$2025: -2,271,026,604 US$
Change over the period: −2.23B (−5,016.62%)

Comparison, 2025

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

Madagascar -2.27B US$
Sub-Saharan Africa computed -29.17B US$
Eastern Africa computed -43.36B US$
Low-income countries computed -37.41B US$
Trade balance — Madagascar, by year Madagascar All countries CSV XLSX
Year US$ Change Change, %
2025 -2.27B −596M −35.58%
2024 -1.68B −181M −12.11%
2023 -1.49B −44.17M −3.05%
2022 -1.45B −153M −11.82%
2021 -1.3B −158M −13.84%
2020 -1.14B −328M −40.37%
2019 -811M −155M −23.63%
2018 -656M −190M −40.77%
2017 -466M −152M −48.5%
2016 -314M +189M +37.54%
2015 -503M +174M +25.75%
2014 -677M +543M +44.53%
2013 -1.22B −168M −15.94%
2012 -1.05B +223M +17.5%
2011 -1.28B +134M +9.53%
2010 -1.41B +673M +32.3%
2009 -2.08B −51.36M −2.53%
2008 -2.03B −1.08B −114.51%
2007 -947M −491M −107.72%
2006 -456M +159M +25.83%
2005 -615M −115M −23.09%
2004 -499M −76.14M −17.99%
2003 -423M −72.71M −20.74%
2002 -351M −302M −620.55%
2001 -48.65M +161M +76.84%
2000 -210M −29.06M −16.05%
1999 -181M +17.41M +8.77%
1998 -198M −2.84M −1.45%
1997 -196M −105M −116.38%
1996 -90.39M +40.13M +30.75%
1995 -131M −6.56M −5.3%
1994 -124M +89.22M +41.85%
1993 -213M −58.44M −37.77%
1992 -155M −30.67M −24.72%
1991 -124M +137M +52.48%
1990 -261M −228M −682.42%
1989 -33.37M +72.78M +68.56%
1988 -106M −46.71M −78.59%
1987 -59.43M +21.11M +26.21%
1986 -80.54M +20.21M +20.06%
1985 -101M −31.81M −46.14%
1984 -68.94M +71.24M +50.82%
1983 -140M +72.88M +34.21%
1982 -213M +60.77M +22.19%
1981 -274M +191M +41.09%
1980 -465M +82.83M +15.13%
1979 -548M −363M −197.02%
1978 -184M −99.37M −116.88%
1977 -85.02M −33.5M −65.04%
1976 -51.51M +63.34M +55.15%
1975 -115M −25.09M −27.96%
1974 -89.76M −13.21M −17.25%
1973 -76.55M −22.08M −40.53%
1972 -54.47M +24.47M +31%
1971 -78.94M −51.97M −192.74%
1970 -26.97M +25.88M +48.97%
1969 -52.84M −849,154 −1.63%
1968 -51.99M −13.83M −36.25%
1967 -38.16M +14.99M +28.2%
1966 -53.15M +3.44M +6.08%
1965 -56.58M −3.42M −6.43%
1964 -53.16M +1.1M +2.02%
1963 -54.26M −20.04M −58.58%
1962 -34.22M +31,195 +0.09%
1961 -34.25M +10.14M +22.84%
1960 -44.39M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

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