Madagascar recorded a Current Account deficit of 261.10 MGA Million in the third quarter of 2021. source: Central Bank of Madagascar

Current Account in Madagascar averaged -161.06 MGA Million from 1974 until 2021, reaching an all time high of 160.10 MGA Million in the fourth quarter of 2016 and a record low of -572.90 MGA Million in the fourth quarter of 2007. This page provides the latest reported value for - Madagascar Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Current Account - values, historical data and charts - was last updated on December of 2022.

Current Account in Madagascar is expected to be -170.00 MGA Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Current Account is projected to trend around -170.00 MGA Million in 2023 and 66.00 MGA Million in 2024, according to our econometric models.

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Madagascar Current Account

Related Last Previous Unit Reference
Current Account to GDP -5.50 -3.50 percent of GDP Dec 2021
Current Account -94.10 -327.90 MGA Million Dec 2021

Madagascar Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-94.10 -327.90 160.10 -572.90 1974 - 2021 MGA Million Quarterly