Madagascar: Merchandise exports to high-income economies (% of total merchandise exports)
In , Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) was 74.47.
That's up 4.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Madagascar ranks #76 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #10 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 92.34
- Trough
- 70.70
- 1-year change
- +4.3%
- 5-year change
- +5.3%
- +1.0% / yr
- 10-year change
- -4.5%
- -0.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 74.4685 | |
| 71.3670 | |
| 73.1772 | |
| 80.2202 | |
| 80.1384 | |
| 70.7035 | |
| 78.8950 | |
| 78.2610 | |
| 76.2158 | |
| 80.2486 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) was 74.47, according to World Bank Open Data.
- Is Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) rose 4.3% from 2022 to 2023.
- How does Madagascar rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Madagascar ranked #76 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Madagascar's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Madagascar is above the world average. Within Sub-Saharan Africa, it ranks #10 of 48.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.