Madagascar recorded a Current Account deficit of 4.50 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Madagascar averaged -6.66 percent of GDP from 1974 until 2023, reaching an all time high of 0.70 percent of GDP in 2018 and a record low of -21.10 percent of GDP in 2009. source: Central Bank of Madagascar
Current Account to GDP in Madagascar is expected to reach -4.80 percent of GDP by the end of 2025, 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 -5.40 percent of GDP in 2026 and -5.00 percent of GDP in 2027, according to our econometric models.