Madagascar Current Account to GDP  1974-2017 | Data | Chart | Calendar

Madagascar recorded a Current Account deficit of 2.30 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Madagascar averaged -7.30 percent from 1974 until 2016, reaching an all time high of -0.30 percent in 2014 and a record low of -21.10 percent in 2009.

Madagascar Current Account to GDP
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Madagascar Trade Last Previous Highest Lowest Unit
Balance of Trade -137795.00 -149108.00 83876.00 -696114.00 million MGA [+]
Exports 684190.00 727357.00 831562.00 103532.00 million MGA [+]
Imports 821985.00 876465.00 967507.00 253874.00 million MGA [+]
Current Account 59.00 -115.90 59.00 -572.90 DTS Million [+]
Current Account to GDP -2.30 -1.90 -0.30 -21.10 percent [+]
Foreign Direct Investment 1251.50 1964.20 7716.70 530.60 MGA Billion [+]
Terrorism Index 1.67 2.44 2.88 0.00 [+]
Tourist Arrivals 14081.00 19228.00 42471.00 9526.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Madagascar Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Madagascar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.30 -1.90 -0.30 -21.10 1974 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16