Goods and Services: Credit for Madagascar
MDGBXGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.74
Year-over-Year Change
-25.76%
Date Range
1/1/2000 - 1/1/2026
Summary
This trend measures Madagascar's exports of goods and services as a percentage of its gross domestic product (GDP), providing insight into the country's trade balance and economic openness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Goods and Services: Credit for Madagascar metric represents the value of all goods and services exported from Madagascar, expressed as a percentage of its total GDP. This indicator is widely used by economists and policymakers to assess a country's trade position, integration with the global economy, and overall economic performance.
Methodology
The data is collected and calculated by the World Bank based on national accounts and balance of payments information.
Historical Context
Tracking this trend helps inform decisions around trade policy, exchange rate management, and economic development strategies.
Key Facts
- Madagascar's exports equaled 24.3% of its GDP in 2021.
- Goods account for over 70% of Madagascar's total exports.
- Tourism is a major export service for the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from Madagascar as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Madagascar's trade balance, economic openness, and export-driven growth, which are important factors for economists, policymakers, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and balance of payments information.
Q: How is this trend used in economic policy?
A: Tracking this trend helps inform decisions around trade policy, exchange rate management, and economic development strategies in Madagascar and other developing economies.
Q: Are there update delays or limitations?
A: The World Bank publishes this data with a lag, typically 1-2 years behind the current year.
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Citation
U.S. Federal Reserve, Goods and Services: Credit for Madagascar (MDGBXGSBP6GDPPT), retrieved from FRED.