Current account balance as a proportion of gdp in Madagascar
Madagascar: Current account balance as a proportion of gdp was -5.48 in 2022. ◆ Volatile
Current account balance as a proportion of gdp in Madagascar, 2000–2022
Source: Our World in Data.
Analysis
The most recent figure for current account balance as a proportion of gdp in Madagascar is -5.48, measured in 2022.
The figure is down 10.5% on the previous year and up 26.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Madagascar peaked at 0.71 in 2018 and was at its lowest, -18.17, in 2009.
That places Madagascar 141st out of 191 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.63 | — |
| 2001 | -2.58 | -54.2% |
| 2002 | -8.91 | +245.3% |
| 2003 | -5.15 | -42.2% |
| 2004 | -7.88 | +53.0% |
| 2005 | -12.53 | +59.0% |
| 2006 | -9.16 | -26.9% |
| 2007 | -9.89 | +8.0% |
| 2008 | -15.64 | +58.1% |
| 2009 | -18.17 | +16.2% |
| 2010 | -8.95 | -50.7% |
| 2011 | -6.73 | -24.8% |
| 2012 | -7.46 | +10.8% |
| 2013 | -6.51 | -12.7% |
| 2014 | -0.65 | -90.0% |
| 2015 | -2.26 | +247.7% |
| 2016 | 0.38 | -116.8% |
| 2017 | -0.23 | -160.5% |
| 2018 | 0.71 | -408.7% |
| 2019 | -2.14 | -401.4% |
| 2020 | -4.78 | +123.4% |
| 2021 | -4.96 | +3.8% |
| 2022 | -5.48 | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.55 | -18.17 | -2.58 | 10 |
| 2010s | -3.38 | -8.95 | 0.71 | 10 |
| 2020s | -5.07 | -5.48 | -4.78 | 3 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
- GDP (current US$), per capita 599.27 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.63 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 4,530 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 2.71 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7618 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 456.51 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,264 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Madagascar?
- Current account balance as a proportion of gdp in Madagascar was -5.48 in 2022, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Madagascar?
- The highest recorded value was 0.71 in 2018.
- What is the lowest current account balance as a proportion of gdp recorded in Madagascar?
- The lowest recorded value was -18.17 in 2009.
- How does Madagascar rank for current account balance as a proportion of gdp?
- Madagascar ranks 141st out of 191 countries with data for 2022.
- Is current account balance as a proportion of gdp rising or falling in Madagascar?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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