Madagascar recorded a Current Account deficit of 0.20 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Madagascar
Current Account to GDP in Madagascar averaged -6.75 percent from 1974 until 2019, reaching an all time high of 0.80 percent in 2018 and a record low of -21.10 percent in 2009. This page provides - Madagascar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Current Account to GDP - values, historical data and charts - was last updated on January of 2021.
Current Account to GDP in Madagascar is expected to reach -4.20 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Current Account to GDP is projected to trend around -3.00 percent in 2021 and -1.30 percent in 2022, according to our econometric models.