Current account balance (World Bank) — all countries

Current account balance (World Bank) — Madagascar

Current account balance (World Bank) in Madagascar in 2024 — -4.26%. Ranked 116 in the world out of 165. Since 1974, the indicator has fallen by 2.19 pp.

2024 -4.26% −1.43 pp vs 2023
World rank 116of 165
Period maximum 0.71%2018
Period minimum -18.17%2009

Trend over time

1974–2024 · % of GDP

Current account balance (World Bank) — Madagascar, 1974–2024-20-15-10-505197419791984198919941999200420092014201920241974: -2.07%1975: -2.44%1976: -1.29%1977: -0.64%1978: -2.97%1979: -12.3%1980: -10.69%1981: -7.62%1982: -6.26%1983: -5.27%1984: -4.95%1985: -4.83%1986: -3.28%1987: -4.38%1988: -4.7%1989: -2.64%1990: -6.74%1991: -7.06%1992: -5.32%1993: -6.35%1994: -7.87%1995: -7.19%1996: -3.1%1997: -4.73%1998: -6.57%1999: -5.25%2000: -5.63%2001: -2.58%2002: -8.91%2003: -5.15%2004: -7.88%2005: -12.53%2006: -9.16%2007: -9.89%2008: -15.64%2009: -18.17%2010: -8.95%2011: -6.73%2012: -7.46%2013: -6.51%2014: -0.65%2015: -2.26%2016: 0.38%2017: -0.23%2018: 0.71%2019: -2.14%2020: -4.78%2021: -5.03%2022: -5.49%2023: -2.83%2024: -4.26%
Change over the period: −2.19 pp Annual average: -0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Madagascar

Madagascar -4.26%
World computed 0.39%
Sub-Saharan Africa computed -0.73%
Eastern Africa computed -3.7%
Current account balance (World Bank) — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2024 -4.26 −1.43 pp
2023 -2.83 +2.66 pp
2022 -5.49 −0.46 pp
2021 -5.03 −0.25 pp
2020 -4.78 −2.64 pp
2019 -2.14 −2.85 pp
2018 0.71 +0.94 pp
2017 -0.23 −0.61 pp
2016 0.38 +2.64 pp
2015 -2.26 −1.61 pp
2014 -0.65 +5.86 pp
2013 -6.51 +0.96 pp
2012 -7.46 −0.73 pp
2011 -6.73 +2.22 pp
2010 -8.95 +9.22 pp
2009 -18.17 −2.54 pp
2008 -15.64 −5.75 pp
2007 -9.89 −0.73 pp
2006 -9.16 +3.38 pp
2005 -12.53 −4.65 pp
2004 -7.88 −2.73 pp
2003 -5.15 +3.77 pp
2002 -8.91 −6.34 pp
2001 -2.58 +3.05 pp
2000 -5.63 −0.38 pp
1999 -5.25 +1.33 pp
1998 -6.57 −1.84 pp
1997 -4.73 −1.64 pp
1996 -3.1 +4.1 pp
1995 -7.19 +0.67 pp
1994 -7.87 −1.51 pp
1993 -6.35 −1.03 pp
1992 -5.32 +1.74 pp
1991 -7.06 −0.32 pp
1990 -6.74 −4.1 pp
1989 -2.64 +2.06 pp
1988 -4.7 −0.32 pp
1987 -4.38 −1.1 pp
1986 -3.28 +1.55 pp
1985 -4.83 +0.12 pp
1984 -4.95 +0.32 pp
1983 -5.27 +0.98 pp
1982 -6.26 +1.37 pp
1981 -7.62 +3.07 pp
1980 -10.69 +1.61 pp
1979 -12.3 −9.33 pp
1978 -2.97 −2.33 pp
1977 -0.64 +0.65 pp
1976 -1.29 +1.15 pp
1975 -2.44 −0.37 pp
1974 -2.07

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.