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 July of 2022.
Current Account in Madagascar is expected to be -50.00 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.