Madagascar Current Account Balance (% GDP) Statistics

20, May 2019, EDT.

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Country or Region: Madagascar › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Madagascar indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Malagasy Franc
Currency Symbol: MGF

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Madagascar , Year 2015 - In Detail

Current Account Balance (% GDP) for Madagascar in year 2015 is -2.168 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Madagascar No. 74 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Madagascar is 1.95 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Madagascar was -0.32 % Current Account Balance (% GDP) for Madagascar in 2015 was or will be 588.25% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Madagascar was or will be -3.04 %, which is 40.18% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Madagascar, in other Years
Year %
  2021 -4.788
  2020 -4.204
  2019 -4.288
  2018 -4.533
  2017 -4.379
  2016 -3.039
2015 -2.168
  2014 -0.315
  2013 -5.857
  2012 -6.907
  2011 -6.878
  2010 -9.685
  2009 -21.14
  2008 -20.575
  2007 -12.661
  2006 -3.771
  2005 -13.786
  2004 -9.143
  2003 -5.991
  2002 -10.848
  2001 -3.092
  2000 -6.717
  1999 -6.033
  1998 -7.74
  1997 -5.692
  1996 -3.821
  1995 -8.734
  1994 -9.306
  1993 -7.66
  1992 -6.587
  1991 -8.582
  1990 -8.599
  1989 -3.357
  1988 -6.141
  1987 -5.489
  1986 -4.378
  1985 -6.423
  1984 -6.576
  1983 -7.036
  1982 -8.488
  1981 -10.092
  1980 -13.765