Madagascar recorded a Current Account deficit of 3.50 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Madagascar
Current Account to GDP in Madagascar averaged -6.74 percent of GDP from 1974 until 2020, reaching an all time high of 0.80 percent of GDP in 2018 and a record low of -21.10 percent of GDP 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 September of 2021.
Current Account to GDP in Madagascar is expected to reach -3.00 percent of GDP by the end of 2021, 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 -2.50 percent of GDP in 2022 and -1.30 percent of GDP in 2023, according to our econometric models.