Current account balance (BoP, current US$), annual growth rate in Madagascar
Madagascar: Current account balance (BoP, current US$), annual growth rate was -65.02 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Madagascar, 1975–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Madagascar is -65.02 % change on previous year, measured in 2024.
That represents a change of down 240.9% on the previous year and down 172.3% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Madagascar peaked at 425.53 % change on previous year in 2018 and was at its lowest, -436.86 % change on previous year, in 1979.
That places Madagascar 161st out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | -40.33 % change on previous year | — |
| 1976 | 49.44 % change on previous year | -222.6% |
| 1977 | 46.16 % change on previous year | -6.6% |
| 1978 | -424.18 % change on previous year | -1018.9% |
| 1979 | -436.86 % change on previous year | +3.0% |
| 1980 | -30.56 % change on previous year | -93.0% |
| 1981 | 34.78 % change on previous year | -213.8% |
| 1982 | 17.5 % change on previous year | -49.7% |
| 1983 | 17.45 % change on previous year | -0.3% |
| 1984 | 21.77 % change on previous year | +24.7% |
| 1985 | 5.04 % change on previous year | -76.8% |
| 1986 | 22.28 % change on previous year | +341.7% |
| 1987 | 1.28 % change on previous year | -94.2% |
| 1988 | -6.51 % change on previous year | -606.9% |
| 1989 | 44.1 % change on previous year | -777.0% |
| 1990 | -216.01 % change on previous year | -589.9% |
| 1991 | 13.29 % change on previous year | -106.2% |
| 1992 | 13.97 % change on previous year | +5.1% |
| 1993 | -30.62 % change on previous year | -319.2% |
| 1994 | -7.3 % change on previous year | -76.2% |
| 1995 | 0.3808 % change on previous year | -105.2% |
| 1996 | 44.69 % change on previous year | +11635.2% |
| 1997 | -32.22 % change on previous year | -172.1% |
| 1998 | -43.37 % change on previous year | +34.6% |
| 1999 | 22.42 % change on previous year | -151.7% |
| 2000 | -16.03 % change on previous year | -171.5% |
| 2001 | 46.23 % change on previous year | -388.5% |
| 2002 | -240.58 % change on previous year | -620.4% |
| 2003 | 31.25 % change on previous year | -113.0% |
| 2004 | -21.66 % change on previous year | -169.3% |
| 2005 | -84.01 % change on previous year | +287.8% |
| 2006 | 20.25 % change on previous year | -124.1% |
| 2007 | -43.92 % change on previous year | -316.9% |
| 2008 | -99 % change on previous year | +125.4% |
| 2009 | -4.21 % change on previous year | -95.8% |
| 2010 | 48.88 % change on previous year | -1262.1% |
| 2011 | 13 % change on previous year | -73.4% |
| 2012 | -11.19 % change on previous year | -186.0% |
| 2013 | 6.47 % change on previous year | -157.8% |
| 2014 | 89.94 % change on previous year | +1290.6% |
| 2015 | -214.72 % change on previous year | -338.7% |
| 2016 | 117.51 % change on previous year | -154.7% |
| 2017 | -167.22 % change on previous year | -242.3% |
| 2018 | 425.53 % change on previous year | -354.5% |
| 2019 | -407.22 % change on previous year | -195.7% |
| 2020 | -107.04 % change on previous year | -73.7% |
| 2021 | -15.76 % change on previous year | -85.3% |
| 2022 | -16.76 % change on previous year | +6.3% |
| 2023 | 46.15 % change on previous year | -375.4% |
| 2024 | -65.02 % change on previous year | -240.9% |
Madagascar compared with similar countries
- Madagascar's -65.02 % change on previous year is below the median for low income countries, which is 9.73 % change on previous year. (23 countries reporting)
- Madagascar's -65.02 % change on previous year is below the median for Sub-Saharan Africa, which is -1.03 % change on previous year, 63.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +11635.2% | 0.3808 % change on previous year | 44.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -161.15 % change on previous year | -436.86 % change on previous year | 49.44 % change on previous year | 5 |
| 1980s | 12.71 % change on previous year | -30.56 % change on previous year | 44.1 % change on previous year | 10 |
| 1990s | -23.48 % change on previous year | -216.01 % change on previous year | 44.69 % change on previous year | 10 |
| 2000s | -41.17 % change on previous year | -240.58 % change on previous year | 46.23 % change on previous year | 10 |
| 2010s | -9.9 % change on previous year | -407.22 % change on previous year | 425.53 % change on previous year | 10 |
| 2020s | -31.68 % change on previous year | -107.04 % change on previous year | 46.15 % change on previous year | 5 |
Countries ranked near Madagascar
- 158 Czechia -58.5 % change on previous year compare
- 159 Benin -62.31 % change on previous year compare
- 160 Ukraine -62.63 % change on previous year compare
- 162 Lithuania -67.54 % change on previous year compare
- 163 Vanuatu -68.89 % change on previous year compare
- 164 Sudan -69.56 % change on previous year compare
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Madagascar?
- Current account balance (bop, current us$), annual growth rate in Madagascar was -65.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Madagascar?
- The highest recorded value was 425.53 % change on previous year in 2018.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Madagascar?
- The lowest recorded value was -436.86 % change on previous year in 1979.
- How does Madagascar rank for current account balance (bop, current us$), annual growth rate?
- Madagascar ranks 161st out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 172.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.