Madagascar: Taxes on international trade (current LCU)

Key figures

What the numbers say

In 2024, Madagascar's taxes on international trade (current LCU) rose 61.8% on 2023 (from 1.04 trillion to 1.68 trillion).

Across the 25 yearly changes before that (1991 to 2023), the average change was +12.6% and a typical year strayed about 27.7% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 88.9% in 1995 and the biggest yearly fall was 65.1% in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 101.51 billion a year. A straight line explains 78% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 1.59 trillion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 236.46 billion, against 399.27 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Madagascar had the 11th highest value of the 68 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.

Closest to Madagascar in the 2024 ranking

• Uganda — 7th of 68: 2.58 trillion
• Russian Federation — 8th of 68: 2.52 trillion
• Mongolia — 9th of 68: 1.79 trillion
• Philippines — 11th of 68: 916.67 billion
• Chile — 12th of 68: 671.1 billion
• Costa Rica — 13th of 68: 564.66 billion

What this measures

Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 28 values

Taxes on international trade (current LCU) in nearby economies

• Angola — 487.55 billion (2024)
• Botswana — 24.21 billion (2023)
• Burkina Faso — 525.93 billion (2024)
• Burundi — 140.93 billion (2021)
• Cabo Verde — 6.59 billion (2020)
• Cameroon — 398.08 billion (2021)
• Congo, Dem. Rep. — 1.52 trillion (2022)
• Congo, Rep. — 111.9 billion (2021)
• Côte d'Ivoire — 1.75 trillion (2023)
• Equatorial Guinea — 25.61 billion (2022)

More public sector data for Madagascar

• Military expenditure (current USD) — 119.68 million (2025)
• Military expenditure (current LCU) — 542.69 billion (2025)
• Military expenditure (% of GDP) — 0.62% (2025)
• Military expenditure (% of general government expenditure) — 3.8% (2025)
• Armed forces personnel, total — 22,000 (2020)
• Armed forces personnel (% of total labor force) — 0.15% (2020)
• Grants and other revenue (current LCU) — 2.24 trillion (2024)
• Grants and other revenue (% of revenue) — 19.46% (2024)
• Revenue, excluding grants (current LCU) — 9.73 trillion (2024)
• Revenue, excluding grants (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Madagascar's taxes on international trade (current LCU)?

1.68 trillion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 3,197% from 50.92 billion in 1990 (10.83% a year on average, compounded). The highest value was 1.68 trillion in 2024 and the lowest 37.2 billion in 1991.

Source

World Bank, World Development Indicators, indicator GC.TAX.INTT.CN, licensed CC BY 4.0. Original source: Government Finance 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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