Madagascar vs Solomon Islands: Current account balance
Current account balance over time
- Madagascar
- Solomon Islands
How they compare
Solomon Islands currently reports -4.2% against -4.3% in Madagascar, a difference of 0.1%.
The two have swapped places 21 times across 50 shared years of data; in 1975 it was Madagascar ahead.
Madagascar ranks 138th and Solomon Islands ranks 137th of 200 countries.
Across the 6 decades both report, Madagascar averaged higher in 4 and Solomon Islands in 2.
Head to head by decade
| Decade | Madagascar | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -3.9% | 0.2% | 4.2% | Solomon Islands |
| 1980s | -5.5% | -9.6% | 4.2% | Madagascar |
| 1990s | -6.0% | -2.8% | 3.2% | Solomon Islands |
| 2000s | -9.6% | -11.1% | 1.6% | Madagascar |
| 2010s | -3.4% | -4.5% | 1.2% | Madagascar |
| 2020s | -4.5% | -7.5% | 3.0% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Madagascar or Solomon Islands?
- Solomon Islands, at -4.2% against -4.3% in Madagascar as of 2024.
- What is the difference in current account balance between Madagascar and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Madagascar and Solomon Islands?
- 50 years are reported by both, from 1975 to 2024.
- How do Madagascar and Solomon Islands rank globally for current account balance?
- Madagascar ranks 138th and Solomon Islands ranks 137th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.