Madagascar vs Mexico: Goods and services expense

Madagascar
519.97 billion current LCU
in 2024
Mexico
514.45 billion current LCU
in 2024
Madagascar rank
35th
Mexico rank
36th

Goods and services expense over time

  • Madagascar
  • Mexico
0200.0B400.0B600.0B197219982024

How they compare

Madagascar currently reports 519.97 billion current LCU against 514.45 billion current LCU in Mexico, a difference of 5.52 billion current LCU.

The two have swapped places 4 times across 23 shared years of data; in 1990 it was Madagascar ahead.

Madagascar ranks 35th and Mexico ranks 36th of 155 countries.

Across the 4 decades both report, Madagascar averaged higher in 3 and Mexico in 1.

Head to head by decade

Decade Madagascar Mexico Difference Ahead
1990s 24.65 billion current LCU 16.86 billion current LCU 7.79 billion current LCU Madagascar
2000s 237.58 billion current LCU 177.37 billion current LCU 60.21 billion current LCU Madagascar
2010s 237.21 billion current LCU 273.42 billion current LCU 36.20 billion current LCU Mexico
2020s 433.09 billion current LCU 409.18 billion current LCU 23.91 billion current LCU Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Madagascar or Mexico?
Madagascar, at 519.97 billion current LCU against 514.45 billion current LCU in Mexico as of 2024.
What is the difference in goods and services expense between Madagascar and Mexico?
5.52 billion current LCU, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Mexico?
23 years are reported by both, from 1990 to 2024.
How do Madagascar and Mexico rank globally for goods and services expense?
Madagascar ranks 35th and Mexico ranks 36th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.