Madagascar - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Madagascar was 39.09 as of 2020. Its highest value over the past 60 years was 88.24 in 1963, while its lowest value was 29.42 in 2006.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 86.74
1961 87.69
1962 87.17
1963 88.24
1964 87.72
1965 76.93
1966 87.01
1967 86.91
1968 85.32
1969 81.25
1970 83.93
1971 82.75
1972 82.99
1973 77.44
1974 64.58
1975 65.23
1976 78.58
1977 74.69
1978 74.99
1979 75.68
1980 75.26
1981 73.13
1982 78.82
1983 77.25
1984 70.50
1985 68.39
1986 68.81
1987 70.09
1988 69.27
1989 55.77
1990 61.68
1991 73.48
1992 79.93
1993 72.02
1994 69.88
1995 68.19
1996 56.91
1997 61.84
1998 60.69
1999 61.14
2000 54.09
2001 63.44
2002 69.17
2003 49.08
2004 43.16
2005 48.74
2006 29.42
2007 53.77
2008 43.21
2009 39.54
2010 64.89
2011 61.01
2012 51.62
2013 51.29
2014 50.34
2015 46.90
2016 44.91
2017 42.65
2018 44.77
2019 46.49
2020 39.09

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports