Services, Debit/Expenditure in Madagascar
Madagascar: Services, Debit/Expenditure was 1.52 billion in 2022. ▲ Rising
Services, Debit/Expenditure in Madagascar, 2005–2022
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Madagascar 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 peaked at 1.54 billion in 2008 and was at its lowest, 701.49 million, in 2005.
That places Madagascar 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.
Services, Debit/Expenditure in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 701.49 million | — |
| 2006 | 800.63 million | +14.1% |
| 2007 | 1.16 billion | +44.6% |
| 2008 | 1.54 billion | +33.1% |
| 2009 | 1.21 billion | -21.8% |
| 2010 | 1.22 billion | +0.9% |
| 2011 | 1.35 billion | +10.8% |
| 2012 | 1.29 billion | -4.1% |
| 2013 | 1.39 billion | +7.3% |
| 2014 | 1.28 billion | -8.1% |
| 2015 | 1.13 billion | -11.0% |
| 2016 | 1.14 billion | +0.4% |
| 2017 | 1.24 billion | +8.6% |
| 2018 | 1.33 billion | +7.4% |
| 2019 | 1.23 billion | -7.5% |
| 2020 | 869.65 million | -29.2% |
| 2021 | 1.09 billion | +25.6% |
| 2022 | 1.52 billion | +39.6% |
Madagascar compared with similar countries
- Madagascar's 1.52 billion is above the median for low income countries, which is 1.45 billion, 1.0× the median. (20 countries reporting)
- Madagascar's 1.52 billion is below the median for Sub-Saharan Africa, which is 1.66 billion, 92% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 services, debit/expenditure in Madagascar?
- Services, debit/expenditure in Madagascar was 1.52 billion in 2022, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Madagascar?
- The highest recorded value was 1.54 billion in 2008.
- What is the lowest services, debit/expenditure recorded in Madagascar?
- The lowest recorded value was 701.49 million in 2005.
- How does Madagascar rank for services, debit/expenditure?
- Madagascar ranks 134th out of 198 countries with data for 2022.
- Is services, debit/expenditure rising or falling in Madagascar?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is rising.
- Where does this Madagascar 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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About this data
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.