Maize (corn) — Terms of trade in Madagascar
Madagascar: Maize (corn) — Terms of trade was 148.86 % in 2023. ▼ Falling
Maize (corn) — Terms of trade in Madagascar, 2010–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for maize (corn) — terms of trade in Madagascar is 148.86 %, measured in 2023.
The figure is down 21.2% on the previous year and down 22.7% over ten years.
Over the whole period, maize (corn) — terms of trade in Madagascar peaked at 280.14 % in 2012 and was at its lowest, 48.55 %, in 2021.
That places Madagascar 36th out of 108 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Maize (corn) — Terms of trade in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 194.54 % | — |
| 2011 | 238.83 % | +22.8% |
| 2012 | 280.14 % | +17.3% |
| 2013 | 192.64 % | -31.2% |
| 2014 | 134.94 % | -30.0% |
| 2015 | 104.7 % | -22.4% |
| 2016 | 71.49 % | -31.7% |
| 2017 | 139.25 % | +94.8% |
| 2018 | 239.97 % | +72.3% |
| 2019 | 202.61 % | -15.6% |
| 2020 | 169.28 % | -16.5% |
| 2021 | 48.55 % | -71.3% |
| 2022 | 188.97 % | +289.2% |
| 2023 | 148.86 % | -21.2% |
Madagascar compared with similar countries
- Madagascar's 148.86 % is above the median for low income countries, which is 92.94 %, 1.6× the median. (9 countries reporting)
- Madagascar's 148.86 % is above the median for Sub-Saharan Africa, which is 116.53 %, 1.3× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Maize (corn) — Terms of trade in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +289.2% | 48.55 % | 188.97 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 179.91 % | 71.49 % | 280.14 % | 10 |
| 2020s | 138.91 % | 48.55 % | 188.97 % | 4 |
Countries ranked near Madagascar
- 33 Greece 156.96 % compare
- 34 Russian Federation 154.36 % compare
- 35 Philippines 149.83 % compare
- 37 Czechia 147.98 % compare
- 38 Switzerland 141.58 % compare
- 39 Peru 135.97 % compare
More agriculture & rural data for Madagascar
- Agriculture, forestry, and fishing, value added (current US$), annual 10.42 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.217 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 130.06 current US$ per person (2025)
- Rural population, annual growth rate 1.72 % change on previous year (2025)
- Rural population, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Rural population, per capita 0.671 units per person (2025)
- Share of GDP from agriculture 21.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 21.7% (2025)
- Agricultural raw materials exports 1.6% (2024)
- Agricultural raw materials imports 2.3% (2024)
Frequently asked questions
- What is maize (corn) — terms of trade in Madagascar?
- Maize (corn) — terms of trade in Madagascar was 148.86 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest maize (corn) — terms of trade recorded in Madagascar?
- The highest recorded value was 280.14 % in 2012.
- What is the lowest maize (corn) — terms of trade recorded in Madagascar?
- The lowest recorded value was 48.55 % in 2021.
- How does Madagascar rank for maize (corn) — terms of trade?
- Madagascar ranks 36th out of 108 countries with data for 2023.
- Is maize (corn) — terms of trade rising or falling in Madagascar?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Maize (corn) — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK