Iceland vs Madagascar: Current account balance (credit less debit), Net (credits less debits)
Iceland
-866.97 million
in 2024
Madagascar
-829.38 million
in 2022
Iceland rank
128th
Madagascar rank
126th
Current account balance (credit less debit), Net (credits less debits) over time
- Iceland
- Madagascar
How they compare
Madagascar currently reports -829.38 million against -866.97 million in Iceland, a difference of 37.59 million.
The two have swapped places 1 time across 18 shared years of data; in 2005 it was Madagascar ahead.
Iceland ranks 128th and Madagascar ranks 126th of 198 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and Madagascar in 1.
Head to head by decade
| Decade | Iceland | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.01 billion | -1.12 billion | 1.89 billion | Madagascar |
| 2010s | 735.72 million | -386.84 million | 1.12 billion | Iceland |
| 2020s | -267.19 million | -724.99 million | 457.81 million | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), net (credits less debits), Iceland or Madagascar?
- Madagascar, at -829.38 million against -866.97 million in Iceland as of 2022.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Iceland and Madagascar?
- 37.59 million, with Madagascar ahead.
- How many years of comparable data are there for Iceland and Madagascar?
- 18 years are reported by both, from 2005 to 2022.
- How do Iceland and Madagascar rank globally for current account balance (credit less debit), net (credits less debits)?
- Iceland ranks 128th and Madagascar ranks 126th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.