Madagascar's service imports (current US$, BoP) was US$1.45 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 27.89% from US$1.13 billion in 2015 (2.49% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.45 billion | 2025 |
| Five years earlier | US$869.65 million | 2020 |
| Ten years earlier | US$1.13 billion | 2015 |
| Highest | US$1.54 billion | 2008 |
| Lowest | US$107.39 million | 1974 |
| Average since 2016 | US$1.24 billion | 2016–2025 |
| First recorded | US$107.39 million |
What the numbers say
In 2025, Madagascar's service imports (current US$, BoP) rose 14.5% on 2024 (from US$1.27 billion to US$1.45 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 18.1% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 57.9% in 1979 and the biggest yearly fall was 29.2% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Madagascar had the 112th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Madagascar | US$1.45 billion | 2025 |
| World | US$8.75 trillion | 2025 |
| Sub-Saharan Africa | US$151.53 billion | 2025 |
| Low income | US$40.64 billion | 2024 |
Closest to Madagascar in the 2025 ranking
- Lao PDR — 108th of 136: US$1.65 billion
- Bosnia and Herzegovina — 109th of 136: US$1.58 billion
- Brunei Darussalam — 110th of 136: US$1.54 billion
- West Bank and Gaza — 112th of 136: US$1.38 billion
- Sudan — 113th of 136: US$1.35 billion
- Bermuda — 114th of 136: US$1.3 billion
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 52 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2025 | 1,451,486,786 |
| 2024 | 1,267,585,133 |
| 2023 | 1,258,666,581 |
| 2022 | 1,537,557,190 |
| 2021 | 1,092,032,655 |
| 2020 | 869,651,490 |
| 2019 | 1,228,137,433 |
| 2018 | 1,327,761,912 |
| 2017 | 1,236,786,358 |
| 2016 | 1,139,293,571 |
| 2015 |
Service imports (current US$, BoP) in nearby economies
- Angola — US$8.46 billion (2025)
- Benin — US$1.54 billion (2023)
- Botswana — US$1.3 billion (2025)
- Burkina Faso — US$1.47 billion (2024)
- Burundi — US$406.28 million (2025)
- Cabo Verde — US$349.3 million (2025)
- Cameroon — US$2.4 billion (2024)
- Comoros — US$205.36 million (2023)
- Congo, Dem. Rep. — US$5.02 billion (2025)
- Congo, Rep. — US$1.71 billion (2021)
- Côte d'Ivoire
More economic policy & debt data for Madagascar
- General government final consumption expenditure (current US$) — US$2.87 billion (2025)
- General government final consumption expenditure (current LCU) — 12.99 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$1.53 billion (2025)
- General government final consumption expenditure (constant LCU) — 2.01 trillion (2025)
- General government final consumption expenditure (% of GDP) — 14.61% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$14.29 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 64.71 trillion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is Madagascar's service imports (current US$, BoP)?
- US$1.45 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1974?
- It is up 1,252% from US$107.39 million in 1974 (5.24% a year on average, compounded). The highest value was US$1.54 billion in 2008 and the lowest US$107.39 million in 1974.
- How does Madagascar rank?
- 112th highest of 136 economies with data for 2025.
- Is the latest change in service imports (current US$, BoP) unusual for Madagascar?
- In 2025, Madagascar's service imports (current US$, BoP) rose 14.5% on 2024 (from US$1.27 billion to US$1.45 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 18.1% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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