Trade balance in low carbon technology products, Percent of GDP in Madagascar

Madagascar: Trade balance in low carbon technology products, Percent of GDP was -0.7294 in 2023. ◆ Volatile

Latest (2023)
-0.7294
Change on year
down 0.8%
World rank
82nd
of 177 countries
All-time high
-0.1449
in 2002
All-time low
-2.51
in 2009
Years of data
30
1994–2023

Trade balance in low carbon technology products, Percent of GDP in Madagascar, 1994–2023

-2.5-2-1.5-1-0.501994200820231994: -0.3091995: -0.2321996: -0.2321997: -0.2061998: -0.2071999: -0.1842000: -0.2742001: -0.2742002: -0.1452003: -0.2472004: -0.5742005: -0.4662006: -0.3942007: -0.5912008: -2.22009: -2.52010: -1.52011: -0.6182012: -0.3912013: -0.4572014: -0.6162015: -0.6922016: -0.582017: -0.6472018: -0.7282019: -0.6922020: -0.7082021: -0.8412022: -0.7232023: -0.729

Source: International Monetary Fund.

Analysis

In 2023, trade balance in low carbon technology products, percent of gdp in Madagascar stood at -0.7294.

Compared with earlier readings it is down 0.8% on the previous year and down 59.5% over ten years.

Over the whole period, trade balance in low carbon technology products, percent of gdp in Madagascar peaked at -0.1449 in 2002 and was at its lowest, -2.51, in 2009.

That places Madagascar 82nd out of 177 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Trade balance in low carbon technology products, Percent of GDP in Madagascar, year by year

Annual values for Trade balance in low carbon technology products, Percent of GDP (World) in Madagascar, 1994 to 2023.
Year Value Change
1994 -0.3092
1995 -0.2316 -25.1%
1996 -0.2321 +0.2%
1997 -0.2064 -11.0%
1998 -0.2068 +0.2%
1999 -0.1838 -11.1%
2000 -0.274 +49.0%
2001 -0.2743 +0.1%
2002 -0.1449 -47.2%
2003 -0.247 +70.5%
2004 -0.5739 +132.3%
2005 -0.4657 -18.8%
2006 -0.3942 -15.4%
2007 -0.5912 +50.0%
2008 -2.21 +274.5%
2009 -2.51 +13.3%
2010 -1.5 -40.2%
2011 -0.6176 -58.8%
2012 -0.3908 -36.7%
2013 -0.4573 +17.0%
2014 -0.6158 +34.7%
2015 -0.6917 +12.3%
2016 -0.5797 -16.2%
2017 -0.6471 +11.6%
2018 -0.7284 +12.6%
2019 -0.6923 -5.0%
2020 -0.7079 +2.2%
2021 -0.8409 +18.8%
2022 -0.7233 -14.0%
2023 -0.7294 +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.2283 -0.3092 -0.1838 6
2000s -0.7687 -2.51 -0.1449 10
2010s -0.6921 -1.5 -0.3908 10
2020s -0.7503 -0.8409 -0.7079 4

Countries ranked near Madagascar

  1. 79 Israel -0.7132 compare
  2. 80 West Bank and Gaza -0.7178 compare
  3. 81 Guinea -0.7193 compare
  4. 83 United Arab Emirates -0.7369 compare
  5. 84 Malawi -0.7523 compare
  6. 85 Bahamas -0.754 compare

See the full ranking of 177 places →

More trade data for Madagascar

All data for Madagascar →

Frequently asked questions

What is trade balance in low carbon technology products, percent of gdp in Madagascar?
Trade balance in low carbon technology products, percent of gdp in Madagascar was -0.7294 in 2023, according to International Monetary Fund.
What is the highest trade balance in low carbon technology products, percent of gdp recorded in Madagascar?
The highest recorded value was -0.1449 in 2002.
What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Madagascar?
The lowest recorded value was -2.51 in 2009.
How does Madagascar rank for trade balance in low carbon technology products, percent of gdp?
Madagascar ranks 82nd out of 177 countries with data for 2023.
Is trade balance in low carbon technology products, percent of gdp rising or falling in Madagascar?
Over the last ten years it is down 59.5%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.

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Trade balance in low carbon technology products, Percent of GDP in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://trade.statizoid.com/stat/trade-balance-in-low-carbon-technology-products-percent-of-gdp-world/madagascar/

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About this data

Indicator
Trade balance in low carbon technology products, Percent of GDP (World)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
177 places, 4,504 data points, 1994–2024
Last refreshed

This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.