Madagascar recorded a Current Account deficit of 93.80 DTS Million in the fourth quarter of 2019.

Current Account in Madagascar averaged -162.74 DTS Million from 1974 until 2019, reaching an all time high of 169.10 DTS Million in the fourth quarter of 2016 and a record low of -572.90 DTS 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 October of 2020.

Current Account in Madagascar is expected to be 65.00 DTS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Madagascar to stand at 66.00 in 12 months time. In the long-term, the Madagascar Current Account is projected to trend around 66.00 DTS Million in 2021, according to our econometric models.

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Madagascar Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-93.80 -70.00 169.10 -572.90 1974 - 2019 DTS Million Quarterly

Madagascar Trade Last Previous Highest Lowest Unit
Balance of Trade -309014.00 -534299.00 177517.00 -772177.00 million MGA [+]
Current Account -93.80 -70.00 169.10 -572.90 DTS Million [+]
Current Account to GDP -0.20 0.80 0.80 -21.10 percent [+]
Exports 610395.00 784811.00 1081927.00 51994.00 million MGA [+]
Imports 919409.00 1319110.00 1386304.00 253874.00 million MGA [+]
Terrorism Index 1.96 2.61 3.29 0.00 [+]
Tourist Arrivals 35150.00 45085.00 45085.00 9526.00 [+]

Madagascar Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).