Net financial account (BoP, current US$) in Madagascar
Madagascar: Net financial account (BoP, current US$) was -1.22 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-1.22 billion BoP, current US$
Change on year
down 110.9%
World rank
138th
of 199 countries
All-time high
1.98 billion BoP, current US$
in 2006
All-time low
-1.69 billion BoP, current US$
in 2009
Years of data
52
1974–2025
Net financial account in Madagascar, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net financial account in Madagascar stood at -1.22 billion BoP, current US$.
That represents a change of down 110.9% on the previous year and down 1,778.2% over ten years.
Over the whole period, net financial account in Madagascar peaked at 1.98 billion BoP, current US$ in 2006 and was at its lowest, -1.69 billion BoP, current US$, in 2009.
Madagascar ranks 138th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial account (BoP, current US$) in Madagascar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | -43.04 million BoP, current US$ | — |
| 1975 | -60.38 million BoP, current US$ | +40.3% |
| 1976 | -17.16 million BoP, current US$ | -71.6% |
| 1977 | -22.18 million BoP, current US$ | +29.3% |
| 1978 | -24.46 million BoP, current US$ | +10.3% |
| 1979 | -366.54 million BoP, current US$ | +1398.4% |
| 1980 | -610.80 million BoP, current US$ | +66.6% |
| 1981 | -355.83 million BoP, current US$ | -41.7% |
| 1982 | -213.81 million BoP, current US$ | -39.9% |
| 1983 | -246.08 million BoP, current US$ | +15.1% |
| 1984 | -184.19 million BoP, current US$ | -25.1% |
| 1985 | -174.78 million BoP, current US$ | -5.1% |
| 1986 | -142.91 million BoP, current US$ | -18.2% |
| 1987 | -157.28 million BoP, current US$ | +10.1% |
| 1988 | -102.27 million BoP, current US$ | -35.0% |
| 1989 | -128.17 million BoP, current US$ | +25.3% |
| 1990 | -264.57 million BoP, current US$ | +106.4% |
| 1991 | -227.27 million BoP, current US$ | -14.1% |
| 1992 | -174.54 million BoP, current US$ | -23.2% |
| 1993 | -171.46 million BoP, current US$ | -1.8% |
| 1994 | -153.77 million BoP, current US$ | -10.3% |
| 1995 | -132.45 million BoP, current US$ | -13.9% |
| 1996 | -88.99 million BoP, current US$ | -32.8% |
| 1997 | -62.13 million BoP, current US$ | -30.2% |
| 1998 | -211.10 million BoP, current US$ | +239.8% |
| 1999 | -70.83 million BoP, current US$ | -66.4% |
| 2000 | -107.83 million BoP, current US$ | +52.2% |
| 2001 | -84.44 million BoP, current US$ | -21.7% |
| 2002 | -354.47 million BoP, current US$ | +319.8% |
| 2003 | -117.98 million BoP, current US$ | -66.7% |
| 2004 | -252.18 million BoP, current US$ | +113.8% |
| 2005 | -281.31 million BoP, current US$ | +11.6% |
| 2006 | 1.98 billion BoP, current US$ | -803.5% |
| 2007 | -738.53 million BoP, current US$ | -137.3% |
| 2008 | -1.40 billion BoP, current US$ | +89.0% |
| 2009 | -1.69 billion BoP, current US$ | +21.4% |
| 2010 | -903.34 million BoP, current US$ | -46.7% |
| 2011 | -557.06 million BoP, current US$ | -38.3% |
| 2012 | -670.34 million BoP, current US$ | +20.3% |
| 2013 | -541.13 million BoP, current US$ | -19.3% |
| 2014 | -20.97 million BoP, current US$ | -96.1% |
| 2015 | -64.91 million BoP, current US$ | +209.5% |
| 2016 | 312.81 million BoP, current US$ | -581.9% |
| 2017 | 167.61 million BoP, current US$ | -46.4% |
| 2018 | 139.23 million BoP, current US$ | -16.9% |
| 2019 | 30.20 million BoP, current US$ | -78.3% |
| 2020 | -397.63 million BoP, current US$ | -1416.8% |
| 2021 | -663.40 million BoP, current US$ | +66.8% |
| 2022 | -735.11 million BoP, current US$ | +10.8% |
| 2023 | -747.94 million BoP, current US$ | +1.7% |
| 2024 | -578.14 million BoP, current US$ | -22.7% |
| 2025 | -1.22 billion BoP, current US$ | +110.9% |
Madagascar compared with similar countries
- Madagascar's -1.22 billion BoP, current US$ is below the median for low income countries, which is -532.60 million BoP, current US$, 2.3× the median. (23 countries reporting)
- Madagascar's -1.22 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -410.29 million BoP, current US$, 3.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net financial account (BoP, current US$) 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 |
|---|---|---|---|
| 2020 | -1416.8% | 30.20 million BoP, current US$ | -397.63 million BoP, current US$ |
| 1979 | -1398.4% | -24.46 million BoP, current US$ | -366.54 million BoP, current US$ |
| 2006 | +803.5% | -281.31 million BoP, current US$ | 1.98 billion BoP, current US$ |
| 2016 | +581.9% | -64.91 million BoP, current US$ | 312.81 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -88.96 million BoP, current US$ | -366.54 million BoP, current US$ | -17.16 million BoP, current US$ | 6 |
| 1980s | -231.61 million BoP, current US$ | -610.80 million BoP, current US$ | -102.27 million BoP, current US$ | 10 |
| 1990s | -155.71 million BoP, current US$ | -264.57 million BoP, current US$ | -62.13 million BoP, current US$ | 10 |
| 2000s | -304.82 million BoP, current US$ | -1.69 billion BoP, current US$ | 1.98 billion BoP, current US$ | 10 |
| 2010s | -210.79 million BoP, current US$ | -903.34 million BoP, current US$ | 312.81 million BoP, current US$ | 10 |
| 2020s | -723.56 million BoP, current US$ | -1.22 billion BoP, current US$ | -397.63 million BoP, current US$ | 6 |
Countries ranked near Madagascar
- 135 Yemen -1.16 billion BoP, current US$ compare
- 136 Malawi -1.18 billion BoP, current US$ compare
- 137 Bosnia and Herzegovina -1.19 billion BoP, current US$ compare
- 139 Rwanda -1.25 billion BoP, current US$ compare
- 140 Hungary -1.37 billion BoP, current US$ compare
- 141 Benin -1.41 billion BoP, current US$ compare
More economy & growth data for Madagascar
- Real gdp growth, annual growth rate 2.17 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
Frequently asked questions
- What is net financial account in Madagascar?
- Net financial account in Madagascar was -1.22 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Madagascar?
- The highest recorded value was 1.98 billion BoP, current US$ in 2006.
- What is the lowest net financial account recorded in Madagascar?
- The lowest recorded value was -1.69 billion BoP, current US$ in 2009.
- How does Madagascar rank for net financial account?
- Madagascar ranks 138th out of 199 countries with data for 2025.
- Is net financial account rising or falling in Madagascar?
- Over the last ten years it is down 1,778.2%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.