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Wholesale, retail trade, restaurants and hotels in Madagascar

Trade of Madagascar, 1970-2015

During 1970-2015 trade of Madagascar in current prices rose by 0.90 billion US dollars (in 13.2 times) to 0.97 billion US dollars; change occurred by 0.20 billion US dollars by increasing of people by 17.7 million, as well as by 0.70 billion US dollars by increasing of trade per capita by 28.8 US dollars. The average annual growth of trade of Madagascar was 0.020 billion US dollars or 5.9%. The average annual growth of trade of Madagascar in constant prices was 1.2%. Share in the world declined by 0.0065%. Share in Africa declined by 0.26%. Minimal trade was in 1970 (0.074 billion US dollars). Maximal trade was in 2014 (1.1 billion US dollars).

During 1970-2015 trade per capita in Madagascar increased by 28.8 US dollars (in 3.6 times) to 40.0 US dollars. The average annual growth of trade per capita in current prices was 0.64 US dollars or 2.9%.

Change of trade of Madagascar described by linear regression model: y=0.021x-40.7, where y - estimated value of trade of Madagascar, x - year. Correlation rate = 0.929. Determination rate = 0.862.

Trade of Madagascar, 1970

Trade of Madagascar in 1970 was equal to 0.074 billion US dollars, ranked 109th in the world and was on par with trade of Guyana (0.078 bln. US dollars), trade of El Salvador (0.076 bln. US dollars), trade of Cyprus (0.073 bln. US dollars). Share of Madagascar in the world trade was 0.016%.

Trade per capita in Madagascar in 1970 was worth 11.3 US dollars, ranked 168th in the world and was on par with trade per capita in Burkina Faso (11.4 US dollars). Trade per capita in Madagascar was less than trade per capita in the World (123.7 US dollars) by 112.4 US dollars.

Comparison of trade in Madagascar and the neighbors in 1970. Trade of Madagascar was greater than trade of Mauritius (0.0 billion US dollars), trade of Seychelles (0.0 billion US dollars), trade of Comoros (0.0 billion US dollars). Trade per capita in Madagascar was less than trade per capita in Seychelles (117.2 US dollars), trade per capita in Comoros (22.5 US dollars), trade per capita in Mauritius (19.8 US dollars).

Comparison of trade in Madagascar and leaders in 1970. Trade of Madagascar was less than trade of the United States (176.5 billion US dollars) in 2 392.4 times, trade of Japan (28.8 billion US dollars) in 390.9 times, trade of Germany (27.5 billion US dollars) in 373.4 times, trade of the United Kingdom (18.8 billion US dollars) in 255.3 times, trade of China (7.7 billion US dollars) in 104.5 times. Trade per capita in Madagascar was greater than trade per capita in China (9.5 US dollars) by 17.9%, but was less than trade per capita in the United States (842.3 US dollars) in 74.9 times, trade per capita in Germany (351.4 US dollars) in 31.2 times, trade per capita in the United Kingdom (338.5 US dollars) in 30.1 times, trade per capita in Japan (278.1 US dollars) in 24.7 times.

Potential trade of Madagascar in 1970. With trade per capita at the level of the United States (842.3 US dollars), trade of Madagascar would be 5.5 billion US dollars, it is in 74.9 times more than the actual level. With trade per capita at the level of the World (123.7 US dollars), trade of Madagascar would be 0.81 billion US dollars, it is in 11.0 times more than the actual level. With trade per capita at the level of Seychelles (117.2 US dollars), as the best neighbor, trade of Madagascar would be 0.77 billion US dollars, it is in 10.4 times more than the actual level. With trade per capita at the level of Africa (36.6 US dollars), trade of Madagascar would be 0.24 billion US dollars, it is in 3.3 times more than the actual level. With trade per capita at the level of Eastern Africa (18.0 US dollars), trade of Madagascar would be 0.12 billion US dollars, it is by 60.3% more than the actual level.

Trade of Madagascar, 2015

Trade of Madagascar in 2015 was worth 0.97 billion US dollars, ranked 147th in the world and was on par with trade of South Sudan (0.98 bln. US dollars), trade of Moldova (0.96 bln. US dollars), trade of Equatorial Guinea (0.96 bln. US dollars), trade of Niger (0.90 bln. US dollars). Share of Madagascar in the world trade was 0.0097%.

Trade per capita in Madagascar in 2015 was equal to 40.0 US dollars, ranked 207th in the world and was on par with trade per capita in Togo (41.5 US dollars). Trade per capita in Madagascar was less than trade per capita in the World (1 360.4 US dollars) by 1 320.3 US dollars.

Comparison of trade in Madagascar and the neighbors in 2015. Trade of Madagascar was greater than trade of Seychelles (0.3 billion US dollars), trade of Comoros (0.2 billion US dollars), but was less than trade of Mauritius (2.0 billion US dollars). Trade per capita in Madagascar was less than trade per capita in Seychelles (2 755.2 US dollars), trade per capita in Mauritius (1 544.9 US dollars), trade per capita in Comoros (197.0 US dollars).

Comparison of trade in Madagascar and leaders in 2015. Trade of Madagascar was less than trade of the United States (2 674.2 billion US dollars) in 2 757.2 times, trade of China (1 258.3 billion US dollars) in 1 297.4 times, trade of Japan (623.6 billion US dollars) in 642.9 times, trade of the United Kingdom (354.7 billion US dollars) in 365.7 times, trade of Germany (343.6 billion US dollars) in 354.2 times. Trade per capita in Madagascar was less than trade per capita in the United States (8 310.8 US dollars) in 207.6 times, trade per capita in the United Kingdom (5 481.2 US dollars) in 136.9 times, trade per capita in Japan (4 926.4 US dollars) in 123.0 times, trade per capita in Germany (4 258.2 US dollars) in 106.4 times, trade per capita in China (914.5 US dollars) in 22.8 times.

Potential trade of Madagascar in 2015. With trade per capita at the level of the United States (8 310.8 US dollars), trade of Madagascar would be 201.3 billion US dollars, it is in 207.6 times more than the actual level. With trade per capita at the level of Seychelles (2 755.2 US dollars), as the best neighbor, trade of Madagascar would be 66.7 billion US dollars, it is in 68.8 times more than the actual level. With trade per capita at the level of the World (1 360.4 US dollars), trade of Madagascar would be 33.0 billion US dollars, it is in 34.0 times more than the actual level. With trade per capita at the level of Africa (276.3 US dollars), trade of Madagascar would be 6.7 billion US dollars, it is in 6.9 times more than the actual level. With trade per capita at the level of Eastern Africa (110.8 US dollars), trade of Madagascar would be 2.7 billion US dollars, it is in 2.8 times more than the actual level.

Size of trade in Madagascar

Wholesale, retail trade, restaurants and hotels in Madagascar, bln. US dollars
Prices197019801990200020102015
current prices0.0740.230.340.420.890.97
constant prices19700.0740.0810.0890.0980.120.13
20050.350.390.420.470.580.61
Picture. Madagascar: trade

trade in Madagascar and its neighbors, bln. $
Country197019801990200020102015
Mauritius0.0160.140.370.711.62.0
Madagascar0.0740.230.340.420.890.97
Seychelles0.00610.0530.140.120.230.27
Comoros0.00510.0320.0630.0510.150.16

trade in Madagascar and leaders, bln. $
Country197019801990200020102015
United States176.5455.1908.11 607.42 133.52 674.2
China7.716.132.8124.5644.21 258.3
Japan28.8159.9397.2661.4779.2623.6
United Kingdom18.875.5151.0206.3300.9354.7
Germany27.5116.5207.3207.7347.9343.6
Madagascar0.0740.230.340.420.890.97
Picture. Madagascar: share of trade in economy

Growth of trade in Madagascar

Picture. Madagascar: trade, growth Picture. Madagascar: trade, growth

trade per capita in Madagascar

Picture. Madagascar: trade per capita Picture. Madagascar: trade per capita

trade per capita in Madagascar and its neighbors, $
Country197019801990200020102015
Seychelles117.2794.62 005.71 444.22 482.02 755.2
Mauritius19.8149.7353.7601.11 286.01 544.9
Comoros22.5104.7151.193.7208.6197.0
Madagascar11.326.529.726.642.040.0

trade per capita in Madagascar and leaders, $
Country197019801990200020102015
United States842.31 982.23 591.35 681.96 884.98 310.8
United Kingdom338.51 343.52 643.33 504.84 798.05 481.2
Japan278.11 379.83 248.95 261.56 119.94 926.4
Germany351.41 489.92 625.12 535.74 324.74 258.2
China9.516.428.498.1480.4914.5
Madagascar11.326.529.726.642.040.0

© Ivan Kushnir

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