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Madagascar Travel Earnings

Madagascar's travel earnings fell to $202 million in 2020, down from $951 million in 2019, according to World Bank. This represents a decrease of 78.8% ($749 million) from the previous year. Madagascar has travel earnings lower than the global median ($202.00 million vs median $677.50 million). Compared with the median in Africa, Madagascar is higher ($202.00 million vs regional median $195.15 million) and ranks 20th out of 42 countries in Africa.

Madagascar's visitor arrivals fell to 87,100 number in 2020, down from 486,000 number in 2019.

Yearly Historical Data (1995-2020)

(in Million USD)
Year Travel Earnings (Million USD)
2020 202
2019 951
2018 879
2017 849
2016 912
2015 696
2014 740
2013 609
2012 596
2011 507
2010 425
2009 328
2008 440
2007 395
2006 382
2005 275
2004 239
2003 119
2002 109
2001 149
2000 152
1999 137
1998 136
1997 110
1996 102
1995 106
Madagascar Travel Earnings : Definition
Travel Earnings measures total money earned by Madagascar from international tourists, measured in current US dollars.