Madagascar - Trade in services (% of GDP)

Trade in services (% of GDP) in Madagascar was 11.90 as of 2020. Its highest value over the past 46 years was 26.92 in 2008, while its lowest value was 4.64 in 1983.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1974 7.70
1975 9.20
1976 7.91
1977 7.25
1978 7.63
1979 9.83
1980 7.50
1981 6.00
1982 5.21
1983 4.64
1984 5.34
1985 5.94
1986 6.45
1987 10.03
1988 11.55
1989 11.39
1990 10.05
1991 12.20
1992 12.41
1993 13.26
1994 16.72
1995 18.31
1996 14.35
1997 16.42
1998 17.51
1999 18.52
2000 20.06
2001 18.25
2002 24.09
2003 15.38
2004 21.79
2005 20.41
2006 22.93
2007 25.47
2008 26.92
2009 22.03
2010 22.26
2011 22.04
2012 22.70
2013 21.83
2014 21.11
2015 19.80
2016 20.00
2017 19.58
2018 19.62
2019 19.32
2020 11.90

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments