Goods and Services: Net for Madagascar
MDGBGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.29
Year-over-Year Change
135.68%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Goods and Services: Net for Madagascar' trend measures the balance of trade in goods and services for the Malagasy economy. This metric is a key indicator of a country's international competitiveness and economic performance.
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: Net' statistic represents the difference between a country's exports and imports of both goods and services. It provides insight into Madagascar's trade position and ability to generate foreign currency earnings.
Methodology
This data is compiled by national statistics agencies and reported to international economic organizations.
Historical Context
Economists and policymakers use this metric to assess Madagascar's external sector and inform trade, exchange rate, and economic development policies.
Key Facts
- Madagascar's goods and services trade balance has remained in deficit since the 1990s.
- Export growth has lagged import growth, contributing to Madagascar's persistent trade shortfalls.
- Tourism, vanilla, and mining exports are key drivers of Madagascar's services trade surplus.
FAQs
Q: What does this economic trend measure?
A: The 'Goods and Services: Net' trend measures the balance of trade in both goods and services for the Malagasy economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Madagascar's trade position and international competitiveness, which is crucial for understanding the country's economic performance and development.
Q: How is this data collected or calculated?
A: The data is compiled by national statistics agencies and reported to international economic organizations.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Madagascar's external sector and inform trade, exchange rate, and economic development policies.
Q: Are there update delays or limitations?
A: There may be delays in reporting or revisions to this data due to the complexities of compiling trade statistics across multiple sectors and borders.
Related Trends
Number of Identified Exporters to Madagascar from Arkansas
ARMDGA475SCEN
Geographical Outreach: Key Indicators, All MFI Branches Per 100,000 Adults for Madagascar
MDGFCBODMFANUM
Bank Capital to Total Assets for Madagascar
DDSI03MGA156NWDB
Use of Financial Services: Number of Depositors which are Households at Other Deposit Takers for Madagascar
MDGFCDODDHPENUM
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Madagascar
MDGFCBMLNUM
Goods and Services: Credit for Madagascar
MDGBXGSBP6GDPPT
Citation
U.S. Federal Reserve, Goods and Services: Net for Madagascar (MDGBGSBP6GDPPT), retrieved from FRED.