Service imports in Madagascar
Madagascar: Service imports was 1.27 billion BoP, current US$ in 2024. ◆ Volatile
Service imports in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Madagascar is 1.27 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 0.7% on the previous year and down 0.6% over ten years.
Over the whole period, service imports in Madagascar peaked at 1.54 billion BoP, current US$ in 2008 and was at its lowest, 107.39 million BoP, current US$, in 1974.
Madagascar ranks 142nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 159.81 million BoP, current US$ | 107.39 million BoP, current US$ | 266.55 million BoP, current US$ | 6 |
| 1980s | 214.07 million BoP, current US$ | 155.30 million BoP, current US$ | 310.63 million BoP, current US$ | 10 |
| 1990s | 366.26 million BoP, current US$ | 242.31 million BoP, current US$ | 458.65 million BoP, current US$ | 10 |
| 2000s | 839.86 million BoP, current US$ | 510.93 million BoP, current US$ | 1.54 billion BoP, current US$ | 10 |
| 2010s | 1.26 billion BoP, current US$ | 1.13 billion BoP, current US$ | 1.39 billion BoP, current US$ | 10 |
| 2020s | 1.21 billion BoP, current US$ | 869.65 million BoP, current US$ | 1.54 billion BoP, current US$ | 5 |
Countries ranked near Madagascar
- 139 Palestine 1.38 billion BoP, current US$ compare
- 140 Nicaragua 1.31 billion BoP, current US$ compare
- 141 Botswana 1.29 billion BoP, current US$ compare
- 143 Laos 1.27 billion BoP, current US$ compare
- 144 Montenegro 1.24 billion BoP, current US$ compare
- 145 Aruba 1.18 billion BoP, current US$ compare
More economy & growth data for Madagascar
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Final consumption expenditure 87.4% (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Households and NPISHs final consumption expenditure 72.8% (2025)
- Final consumption expenditure 17.15 billion current US$ (2025)
- Final consumption expenditure 77.70 trillion current LCU (2025)
- Final consumption expenditure 12.67 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.1% (2025)
- Agriculture, forestry, and fishing, value added 5.62 trillion constant LCU (2025)
- Agriculture, forestry, and fishing, value added 3.51 billion constant 2015 US$ (2025)
Frequently asked questions
- What is service imports in Madagascar?
- Service imports in Madagascar was 1.27 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Madagascar?
- The highest recorded value was 1.54 billion BoP, current US$ in 2008.
- What is the lowest service imports recorded in Madagascar?
- The lowest recorded value was 107.39 million BoP, current US$ in 1974.
- How does Madagascar rank for service imports?
- Madagascar ranks 142nd out of 199 countries with data for 2024.
- Is service imports rising or falling in Madagascar?
- Over the last ten years it is down 0.6%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.