Net financial account in Madagascar
Madagascar: Net financial account was -593.04 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Madagascar, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Madagascar stood at -593.04 million BoP, current US$.
That represents a change of up 20.7% on the previous year and down 2,727.9% over ten years.
Over the whole period, net financial account in Madagascar peaked at 1.98 billion BoP, current US$ in 2006 and was at its lowest, -1.69 billion BoP, current US$, in 2009.
Madagascar ranks 116th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -88.96 million BoP, current US$ | -366.54 million BoP, current US$ | -17.16 million BoP, current US$ | 6 |
| 1980s | -231.61 million BoP, current US$ | -610.80 million BoP, current US$ | -102.27 million BoP, current US$ | 10 |
| 1990s | -155.71 million BoP, current US$ | -264.57 million BoP, current US$ | -62.13 million BoP, current US$ | 10 |
| 2000s | -304.82 million BoP, current US$ | -1.69 billion BoP, current US$ | 1.98 billion BoP, current US$ | 10 |
| 2010s | -210.79 million BoP, current US$ | -903.34 million BoP, current US$ | 312.81 million BoP, current US$ | 10 |
| 2020s | -627.43 million BoP, current US$ | -747.94 million BoP, current US$ | -397.63 million BoP, current US$ | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- DEC alternative conversion factor 4,530 LCU per US$ (2025)
- Agriculture, forestry, and fishing, value added 5.62 trillion constant LCU (2025)
- Households and NPISHs final consumption expenditure 72.8% (2025)
- Final consumption expenditure 17.15 billion current US$ (2025)
- Final consumption expenditure 77.70 trillion current LCU (2025)
- Final consumption expenditure 12.67 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.1% (2025)
- Taxes less subsidies on products 6.72 trillion current LCU (2025)
- Final consumption expenditure 87.4% (2025)
- Gross national expenditure 111.6% (2025)
Frequently asked questions
- What is net financial account in Madagascar?
- Net financial account in Madagascar was -593.04 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Madagascar?
- The highest recorded value was 1.98 billion BoP, current US$ in 2006.
- What is the lowest net financial account recorded in Madagascar?
- The lowest recorded value was -1.69 billion BoP, current US$ in 2009.
- How does Madagascar rank for net financial account?
- Madagascar ranks 116th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Madagascar?
- Over the last ten years it is down 2,727.9%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.