In 2017, current account balance as a share of GDP in Madagascar was -0.3 %. In the ranking by current account balance as a share of GDP including 189 countries, Madagascar has the 64th rank that is close to the positions of such countries as Marshall Islands and the Ecuador. Compared to Macau which at the top of the ranking with current account balance as a share of GDP of 33.3 % in 2017, Madagascar has 100.92 % percent lower current account balance as a share of GDP.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.