Madagascar: Trade in services (% of GDP)

Key figures

What the numbers say

In 2025, Madagascar's trade in services (% of GDP) fell 0.06 percentage points on 2024 (from 15.93% to 15.87%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.03 percentage points and a typical year strayed about 3.29 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below 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 6.4 percentage points in 2004 and the biggest yearly fall was 8.7 percentage points in 2003. 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 27% 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 88th highest value of the 135 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 2025 ranking

• Cambodia — 84th of 135: 16.72%
• Mozambique — 85th of 135: 16.53%
• Burundi — 86th of 135: 16.48%
• Dominican Republic — 88th of 135: 15.76%
• Uruguay — 89th of 135: 15.63%
• Uzbekistan — 90th of 135: 15.58%

What this measures

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 52 values

Trade in services (% of GDP) in nearby economies

• Angola — 7.02% (2025)
• Benin — 10.17% (2023)
• Botswana — 11.79% (2025)
• Burkina Faso — 9.09% (2024)
• Burundi — 16.48% (2025)
• Cabo Verde — 42.18% (2025)
• Cameroon — 7.9% (2024)
• Comoros — 21.95% (2023)
• Congo, Dem. Rep. — 6.11% (2025)
• Congo, Rep. — 13.13% (2021)
• Côte d'Ivoire — 9.01% (2024)

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

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Questions people ask

What is Madagascar's trade in services (% of GDP)?

15.87% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 8.17 percentage points from 7.7% in 1974. The highest value was 26.92% in 2008 and the lowest 4.64% in 1983.

How does Madagascar rank?

88th highest of 135 economies with data for 2025.

Is the latest change in trade in services (% of GDP) unusual for Madagascar?

In 2025, Madagascar's trade in services (% of GDP) fell 0.06 percentage points on 2024 (from 15.93% to 15.87%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.03 percentage points and a typical year strayed about 3.29 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below 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 BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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