Madagascar vs North Macedonia: Current account balance
Current account balance over time
- Madagascar
- North Macedonia
How they compare
Madagascar currently reports -749.01 million BoP, current US$ against -814.98 million BoP, current US$ in North Macedonia, a difference of 65.96 million BoP, current US$.
The two have swapped places 9 times across 29 shared years of data; in 1996 it was Madagascar ahead.
Madagascar ranks 118th and North Macedonia ranks 120th of 199 countries.
Across the 4 decades both report, Madagascar averaged higher in 1 and North Macedonia in 3.
Head to head by decade
| Decade | Madagascar | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -217.08 million BoP, current US$ | -227.32 million BoP, current US$ | 10.24 million BoP, current US$ | Madagascar |
| 2000s | -719.16 million BoP, current US$ | -399.33 million BoP, current US$ | 319.83 million BoP, current US$ | North Macedonia |
| 2010s | -386.84 million BoP, current US$ | -189.23 million BoP, current US$ | 197.62 million BoP, current US$ | North Macedonia |
| 2020s | -678.29 million BoP, current US$ | -381.99 million BoP, current US$ | 296.30 million BoP, current US$ | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Madagascar or North Macedonia?
- Madagascar, at -749.01 million BoP, current US$ against -814.98 million BoP, current US$ in North Macedonia as of 2024.
- What is the difference in current account balance between Madagascar and North Macedonia?
- 65.96 million BoP, current US$, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and North Macedonia?
- 29 years are reported by both, from 1996 to 2024.
- How do Madagascar and North Macedonia rank globally for current account balance?
- Madagascar ranks 118th and North Macedonia ranks 120th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.