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Madagascar Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Madagascar trade to gdp ratio for 2023 was 71.59%, a 1.99% increase from 2022.
  • Madagascar trade to gdp ratio for 2022 was 69.60%, a 15.15% increase from 2021.
  • Madagascar trade to gdp ratio for 2021 was 54.46%, a 5.45% increase from 2020.
  • Madagascar trade to gdp ratio for 2020 was 49.01%, a 13.59% decline from 2019.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Sierra Leone 107.75%
Somalia 94.58%
Chad 91.58%
Democratic Republic of Congo 91.26%
Madagascar 71.59%
Senegal 69.44%
Guinea 68.97%
Rwanda 65.98%
Mali 65.98%
Burkina Faso 64.82%
Togo 61.43%
Benin 51.35%
Comoros 47.94%
Guinea-Bissau 46.18%
Central African Republic 43.48%
Nepal 41.64%
Gambia 40.59%
Tanzania 37.77%
Uganda 37.23%
Haiti 30.79%
Niger 30.42%
Burundi 29.59%
Ethiopia 20.59%
Madagascar Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 71.59% 1.99%
2022 69.60% 15.15%
2021 54.46% 5.45%
2020 49.01% -13.59%
2019 62.60% -5.24%
2018 67.84% 2.50%
2017 65.34% 4.51%
2016 60.83% -0.39%
2015 61.22% -0.75%
2014 61.97% 5.60%
2013 56.37% 3.72%
2012 52.65% -3.83%
2011 56.48% -1.39%
2010 57.87% -4.54%
2009 62.41% -11.95%
2008 74.36% 7.65%
2007 66.70% 4.60%
2006 62.10% 2.97%
2005 59.13% 10.35%
2004 48.78% 14.74%
2003 34.03% -16.15%
2002 50.18% 9.15%
2001 41.04% -1.74%
2000 42.78% 1.85%
1999 40.92% 3.59%
1998 37.33% 0.46%
1997 36.87% 0.99%
1996 35.88% -9.49%
1995 45.37% 1.82%
1994 43.56% 10.69%
1993 32.87% -0.29%
1992 33.16% -2.60%
1991 35.76% 3.38%
1990 32.38% 0.62%
1989 31.76% 1.27%
1988 30.50% 0.37%
1987 30.13% 8.59%
1986 21.54% -0.90%
1985 22.44% -0.83%
1984 23.26% 3.98%
1983 19.29% -2.09%
1982 21.38% -2.16%
1981 23.53% -6.73%
1980 30.27% -14.70%
1979 44.96% 3.75%
1978 41.21% 4.71%
1977 36.49% 3.81%
1976 32.69% -4.06%
1975 36.75% 1.02%
1974 35.73% 2.61%
1973 33.13% 0.54%
1972 32.59% -2.88%
1971 35.47% -5.28%
1970 40.75% -0.47%
1969 41.22% 0.68%
1968 40.54% 1.52%
1967 39.02% -1.47%
1966 40.49% 7.28%
1965 33.21% -0.02%
1964 33.23% 0.52%
1963 32.71% 0.57%
1962 32.14% -1.97%
1961 34.11% 7.45%
1960 26.65% 7.45%