Net financial account in Madagascar
Madagascar: Net financial account was -593.04 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Madagascar stood at -593.04 million BoP, current US$.
That represents a change of up 20.7% on the previous year and down 2,727.9% 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$, in 2009.
Madagascar ranks 116th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -88.96 million BoP, current US$ | -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 | -627.43 million BoP, current US$ | -747.94 million BoP, current US$ | -397.63 million BoP, current US$ | 5 |
Countries ranked near Madagascar
- 113 Kenya -534.57 million BoP, current US$ compare
- 114 Cambodia -552.06 million BoP, current US$ compare
- 115 Curacao -587.21 million BoP, current US$ compare
- 117 Nicaragua -596.58 million BoP, current US$ compare
- 118 Belarus -721.40 million BoP, current US$ compare
- 119 North Macedonia -743.48 million BoP, current US$ compare
More economy & growth data for Madagascar
- External balance on goods and services as a percent of GDP -11.6% (2025)
- Inflation of consumer prices 8.1% (2025)
- GDP per capita 456.51 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.1% (2024)
- Gross domestic product (GDP) 14.95 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 456.51 constant 2015 US$ (2025)
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 5.47 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current US$ (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
Frequently asked questions
- What is net financial account in Madagascar?
- Net financial account in Madagascar was -593.04 million BoP, current US$ in 2024, 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 116th out of 197 countries with data for 2024.
- Is net financial account rising or falling in Madagascar?
- Over the last ten years it is down 2,727.9%. 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.
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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.