Services, Debit/Expenditure in Madagascar, Republic of

Madagascar, Republic of: Services, Debit/Expenditure was 1.52 billion in 2022. β–² Rising

Latest (2022)
1.52 billion
Change on year
up 39.6%
World rank
134th
of 198 countries
All-time high
1.54 billion
in 2008
All-time low
701.49 million
in 2005
Years of data
18
2005–2022

Services, Debit/Expenditure in Madagascar, Republic of, 2005–2022

0500.0M1.0B1.5B2005201320222005: 701.5M2006: 800.6M2007: 1.2B2008: 1.5B2009: 1.2B2010: 1.2B2011: 1.3B2012: 1.3B2013: 1.4B2014: 1.3B2015: 1.1B2016: 1.1B2017: 1.2B2018: 1.3B2019: 1.2B2020: 869.7M2021: 1.1B2022: 1.5B

Source: International Monetary Fund.

Analysis

The most recent figure for services, debit/expenditure in Madagascar, Republic of is 1.52 billion, measured in 2022.

Compared with earlier readings it is up 39.6% on the previous year and up 17.8% over ten years.

Over the whole period, services, debit/expenditure in Madagascar, Republic of peaked at 1.54 billion in 2008 and was at its lowest, 701.49 million, in 2005.

That places Madagascar, Republic of 134th out of 198 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.08 billion 701.49 million 1.54 billion 5
2010s 1.26 billion 1.13 billion 1.39 billion 10
2020s 1.16 billion 869.65 million 1.52 billion 3

Countries ranked near Madagascar, Republic of

  1. 131 Zimbabwe 1.66 billion compare
  2. 132 Sudan 1.59 billion compare
  3. 133 Benin 1.54 billion compare
  4. 135 Kyrgyz Republic 1.48 billion compare
  5. 136 Yemen, Republic of 1.46 billion compare
  6. 137 Burkina Faso 1.45 billion compare

See the full ranking of 207 places β†’

More trade data for Madagascar, Republic of

All data for Madagascar, Republic of β†’

Frequently asked questions

What is services, debit/expenditure in Madagascar, Republic of?
Services, debit/expenditure in Madagascar, Republic of was 1.52 billion in 2022, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Madagascar, Republic of?
The highest recorded value was 1.54 billion in 2008.
What is the lowest services, debit/expenditure recorded in Madagascar, Republic of?
The lowest recorded value was 701.49 million in 2005.
How does Madagascar, Republic of rank for services, debit/expenditure?
Madagascar, Republic of ranks 134th out of 198 countries with data for 2022.
Is services, debit/expenditure rising or falling in Madagascar, Republic of?
Over the last ten years it is up 17.8%. The long-run trend across the full record is rising.
Where does this Madagascar, Republic of data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Madagascar, Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/madagascar/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.