Merchandise Terms of Trade in Madagascar
Madagascar: Merchandise Terms of Trade was 43.35 1987 = 100 in 2009. ▼ Falling
Merchandise Terms of Trade in Madagascar, 1984–2009
Source: World Bank country economists. Measured in 1987 = 100.
Analysis
In 2009, merchandise terms of trade in Madagascar stood at 43.35 1987 = 100. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 5.1% on the previous year and down 48.5% over ten years.
Over the whole period, merchandise terms of trade in Madagascar peaked at 136.03 1987 = 100 in 2002 and was at its lowest, 43.35 1987 = 100, in 2009.
That places Madagascar 45th out of 50 countries with data for 2009, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Merchandise Terms of Trade in Madagascar, year by year
| Year | 1987 = 100 | Change |
|---|---|---|
| 1984 | 120.35 1987 = 100 | — |
| 1985 | 111.73 1987 = 100 | -7.2% |
| 1986 | 128.08 1987 = 100 | +14.6% |
| 1987 | 100 1987 = 100 | -21.9% |
| 1988 | 96.23 1987 = 100 | -3.8% |
| 1989 | 81.3 1987 = 100 | -15.5% |
| 1990 | 74.85 1987 = 100 | -7.9% |
| 1991 | 77.03 1987 = 100 | +2.9% |
| 1992 | 72.3 1987 = 100 | -6.1% |
| 1993 | 74.44 1987 = 100 | +3.0% |
| 1994 | 83.99 1987 = 100 | +12.8% |
| 1995 | 85.93 1987 = 100 | +2.3% |
| 1996 | 75.45 1987 = 100 | -12.2% |
| 1997 | 80.75 1987 = 100 | +7.0% |
| 1998 | 93.84 1987 = 100 | +16.2% |
| 1999 | 84.12 1987 = 100 | -10.4% |
| 2000 | 90.34 1987 = 100 | +7.4% |
| 2001 | 113.71 1987 = 100 | +25.9% |
| 2002 | 136.03 1987 = 100 | +19.6% |
| 2003 | 117.36 1987 = 100 | -13.7% |
| 2004 | 93.54 1987 = 100 | -20.3% |
| 2005 | 53.84 1987 = 100 | -42.4% |
| 2006 | 60.78 1987 = 100 | +12.9% |
| 2007 | 58.9 1987 = 100 | -3.1% |
| 2008 | 45.67 1987 = 100 | -22.5% |
| 2009 | 43.35 1987 = 100 | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 106.28 1987 = 100 | 81.3 1987 = 100 | 128.08 1987 = 100 | 6 |
| 1990s | 80.27 1987 = 100 | 72.3 1987 = 100 | 93.84 1987 = 100 | 10 |
| 2000s | 81.35 1987 = 100 | 43.35 1987 = 100 | 136.03 1987 = 100 | 10 |
Countries ranked near Madagascar
More trade data for Madagascar
- Commodity Net Export Price Index, Individual Commodities Weighted by 135.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.49 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 113.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.95 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 66.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7431 (2023)
- Imports of low carbon technology products, US dollar (World), per 3.78 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0074 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 2.18 million (2023)
Frequently asked questions
- What is merchandise terms of trade in Madagascar?
- Merchandise terms of trade in Madagascar was 43.35 1987 = 100 in 2009, according to World Bank country economists.
- What is the highest merchandise terms of trade recorded in Madagascar?
- The highest recorded value was 136.03 1987 = 100 in 2002.
- What is the lowest merchandise terms of trade recorded in Madagascar?
- The lowest recorded value was 43.35 1987 = 100 in 2009.
- How does Madagascar rank for merchandise terms of trade?
- Madagascar ranks 45th out of 50 countries with data for 2009.
- Is merchandise terms of trade rising or falling in Madagascar?
- Over the last ten years it is down 48.5%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from World Bank country economists, published as part of Merchandise Terms of Trade (1987 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net barter (merchandise) terms of trade (1987 = 100) are the ratio of the export price index to the corresponding import price index measured relative to the base year of 1987.