Commercial service imports in Madagascar

Madagascar: Commercial service imports was 1.25 billion current US$ in 2024. ◆ Volatile

Latest (2024)
1.25 billion current US$
Change on year
up 0.5%
World rank
141st
of 198 countries
All-time high
1.34 billion current US$
in 2008
All-time low
103.28 million current US$
in 1974
Years of data
51
1974–2024

Commercial service imports in Madagascar, 1974–2024

0250.0M500.0M750.0M1.0B1.2B197419992024

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

Madagascar recorded 1.25 billion current US$ for commercial service imports in 2024.

That represents a change of up 0.5% on the previous year and up 10.6% over ten years.

Over the whole period, commercial service imports in Madagascar peaked at 1.34 billion current US$ in 2008 and was at its lowest, 103.28 million current US$, in 1974.

That places Madagascar 141st out of 198 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 145.70 million current US$ 103.28 million current US$ 220.90 million current US$ 6
1980s 158.46 million current US$ 115.22 million current US$ 258.71 million current US$ 10
1990s 279.62 million current US$ 171.89 million current US$ 377.33 million current US$ 10
2000s 695.09 million current US$ 395.46 million current US$ 1.34 billion current US$ 10
2010s 1.10 billion current US$ 951.93 million current US$ 1.26 billion current US$ 10
2020s 1.09 billion current US$ 680.57 million current US$ 1.31 billion current US$ 5

Countries ranked near Madagascar

  1. 138 Botswana 1.29 billion current US$ compare
  2. 139 Nicaragua 1.28 billion current US$ compare
  3. 140 Laos 1.27 billion current US$ compare
  4. 142 Palestine 1.23 billion current US$ compare
  5. 143 Montenegro 1.21 billion current US$ compare
  6. 144 Aruba 1.14 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is commercial service imports in Madagascar?
Commercial service imports in Madagascar was 1.25 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Madagascar?
The highest recorded value was 1.34 billion current US$ in 2008.
What is the lowest commercial service imports recorded in Madagascar?
The lowest recorded value was 103.28 million current US$ in 1974.
How does Madagascar rank for commercial service imports?
Madagascar ranks 141st out of 198 countries with data for 2024.
Is commercial service imports rising or falling in Madagascar?
Over the last ten years it is up 10.6%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.