Madagascar - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Madagascar was -8.723 as of 2020. Its highest value over the past 60 years was -0.895 in 2001, while its lowest value was -21.660 in 2009.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | -6.594 |
| 1961 | -4.899 |
| 1962 | -4.629 |
| 1963 | -7.146 |
| 1964 | -6.625 |
| 1965 | -6.788 |
| 1966 | -5.903 |
| 1967 | -3.990 |
| 1968 | -5.040 |
| 1969 | -5.002 |
| 1970 | -2.425 |
| 1971 | -6.581 |
| 1972 | -4.060 |
| 1973 | -4.631 |
| 1974 | -4.681 |
| 1975 | -5.031 |
| 1976 | -2.361 |
| 1977 | -3.604 |
| 1978 | -6.906 |
| 1979 | -15.812 |
| 1980 | -8.936 |
| 1981 | -5.754 |
| 1982 | -4.453 |
| 1983 | -2.991 |
| 1984 | -1.765 |
| 1985 | -2.650 |
| 1986 | -1.852 |
| 1987 | -1.850 |
| 1988 | -3.328 |
| 1989 | -1.051 |
| 1990 | -6.640 |
| 1991 | -3.812 |
| 1992 | -4.165 |
| 1993 | -5.247 |
| 1994 | -3.519 |
| 1995 | -3.401 |
| 1996 | -1.833 |
| 1997 | -4.588 |
| 1998 | -4.507 |
| 1999 | -4.231 |
| 2000 | -4.538 |
| 2001 | -0.895 |
| 2002 | -6.551 |
| 2003 | -6.642 |
| 2004 | -9.861 |
| 2005 | -10.491 |
| 2006 | -7.129 |
| 2007 | -11.110 |
| 2008 | -18.943 |
| 2009 | -21.660 |
| 2010 | -14.126 |
| 2011 | -11.044 |
| 2012 | -9.090 |
| 2013 | -9.823 |
| 2014 | -5.406 |
| 2015 | -4.439 |
| 2016 | -2.650 |
| 2017 | -3.538 |
| 2018 | -4.769 |
| 2019 | -5.753 |
| 2020 | -8.723 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
