Madagascar—Exports of Goods & Services (% of GDP)
Category: TradeSource: World Bank World Development Indicators ↗Global Rank: #134 of 183Updated April 2026
Latest Value
23.3%
2024
YoY Change
-13.9%
2023 → 2024
Global Rank
#134
of 183 countries
Maximum
31.5%
2018
Minimum
13.7%
2003
CAGR
+0.8%
25 years
Last
23.3%
Previous
27.0%
Highest
31.5%
Lowest
13.7%
Source
World Bank World Development Indicators
Madagascar's exports of goods & services (% of gdp) was 23.3% in 2024, ranking #134 out of 183 countries. This represents a -13.9% change from 2023. Over the past 25 years, the highest recorded value was 31.5% (2018) and the lowest was 13.7% (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 23.3% | -13.9% |
| 2023 | 27.0% | -11.6% |
| 2022 | 30.5% | +32.3% |
| 2021 | 23.1% | +14.6% |
| 2020 | 20.1% | -29.1% |
| 2019 | 28.4% | -9.9% |
| 2018 | 31.5% | +2.0% |
| 2017 | 30.9% | +6.2% |
| 2016 | 29.1% | +2.5% |
| 2015 | 28.4% | +0.4% |
| 2014 | 28.3% | +21.5% |
| 2013 | 23.3% | +6.8% |
| 2012 | 21.8% | -4.1% |
| 2011 | 22.7% | +3.9% |
| 2010 | 21.9% | +7.4% |
| 2009 | 20.4% | -26.5% |
| 2008 | 27.7% | -0.3% |
| 2007 | 27.8% | +1.1% |
| 2006 | 27.5% | +13.0% |
| 2005 | 24.3% | +25.0% |
| 2004 | 19.5% | +42.1% |
| 2003 | 13.7% | -37.2% |
| 2002 | 21.8% | +8.7% |
| 2001 | 20.1% | +5.0% |
| 2000 | 19.1% |
Top Countries — Exports of Goods & Services (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Luxembourg | 191.5% | 2024 |
| 2 | San Marino | 186.0% | 2023 |
| 3 | Hong Kong SAR, China | 181.8% | 2024 |
| 4 | Singapore | 178.8% | 2024 |
| 5 | Ireland | 144.0% | 2024 |
| 6 | Djibouti | 126.4% | 2024 |
| 7 | Malta | 118.5% | 2024 |
| 8 | United Arab Emirates | 106.8% | 2023 |
| 9 | Virgin Islands (U.S.) | 97.4% | 2022 |
| 10 | Cyprus | 97.0% | 2024 |