Net foreign assets (current LCU), per unit of GDP in Madagascar
Madagascar: Net foreign assets (current LCU), per unit of GDP was 585.29 current LCU per US$ of GDP in 2024. ◆ Volatile
Net foreign assets (current LCU), per unit of GDP in Madagascar, 1962–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, net foreign assets (current lcu), per unit of gdp in Madagascar stood at 585.29 current LCU per US$ of GDP. That is the highest value across all 63 years on record.
That represents a change of up 12.2% on the previous year and up 244.3% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Madagascar peaked at 585.29 current LCU per US$ of GDP in 2024 and was at its lowest, -178.6 current LCU per US$ of GDP, in 1991.
That places Madagascar 12th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets (current LCU), per unit of GDP in Madagascar, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1962 | 3.97 current LCU per US$ of GDP | — |
| 1963 | 3.4 current LCU per US$ of GDP | -14.3% |
| 1964 | 3.29 current LCU per US$ of GDP | -3.2% |
| 1965 | 3.57 current LCU per US$ of GDP | +8.5% |
| 1966 | 3.43 current LCU per US$ of GDP | -3.9% |
| 1967 | 3.03 current LCU per US$ of GDP | -11.7% |
| 1968 | 2.29 current LCU per US$ of GDP | -24.2% |
| 1969 | 1.89 current LCU per US$ of GDP | -17.5% |
| 1970 | 2.83 current LCU per US$ of GDP | +49.3% |
| 1971 | 2.4 current LCU per US$ of GDP | -15.2% |
| 1972 | 2.52 current LCU per US$ of GDP | +5.1% |
| 1973 | 2.34 current LCU per US$ of GDP | -7.1% |
| 1974 | 1.74 current LCU per US$ of GDP | -25.9% |
| 1975 | 0.8722 current LCU per US$ of GDP | -49.8% |
| 1976 | 1.13 current LCU per US$ of GDP | +29.3% |
| 1977 | 1.33 current LCU per US$ of GDP | +18.3% |
| 1978 | 0.862 current LCU per US$ of GDP | -35.4% |
| 1979 | -2.52 current LCU per US$ of GDP | -392.8% |
| 1980 | -4.84 current LCU per US$ of GDP | +91.6% |
| 1981 | -7.49 current LCU per US$ of GDP | +54.9% |
| 1982 | -9.28 current LCU per US$ of GDP | +23.8% |
| 1983 | -18.78 current LCU per US$ of GDP | +102.5% |
| 1984 | -30.9 current LCU per US$ of GDP | +64.5% |
| 1985 | -36.85 current LCU per US$ of GDP | +19.3% |
| 1986 | -42.54 current LCU per US$ of GDP | +15.4% |
| 1987 | -108.78 current LCU per US$ of GDP | +155.7% |
| 1988 | -125.14 current LCU per US$ of GDP | +15.0% |
| 1989 | -128.91 current LCU per US$ of GDP | +3.0% |
| 1990 | -115.37 current LCU per US$ of GDP | -10.5% |
| 1991 | -178.6 current LCU per US$ of GDP | +54.8% |
| 1992 | -12.83 current LCU per US$ of GDP | -92.8% |
| 1993 | -5.8 current LCU per US$ of GDP | -54.8% |
| 1994 | -13.1 current LCU per US$ of GDP | +125.9% |
| 1995 | 6.07 current LCU per US$ of GDP | -146.3% |
| 1996 | 22.34 current LCU per US$ of GDP | +268.2% |
| 1997 | 66.85 current LCU per US$ of GDP | +199.2% |
| 1998 | 36.79 current LCU per US$ of GDP | -45.0% |
| 1999 | 59.6 current LCU per US$ of GDP | +62.0% |
| 2000 | 73.31 current LCU per US$ of GDP | +23.0% |
| 2001 | 78.12 current LCU per US$ of GDP | +6.6% |
| 2002 | 69.47 current LCU per US$ of GDP | -11.1% |
| 2003 | 68.69 current LCU per US$ of GDP | -1.1% |
| 2004 | 153.16 current LCU per US$ of GDP | +123.0% |
| 2005 | 144.15 current LCU per US$ of GDP | -5.9% |
| 2006 | 250.44 current LCU per US$ of GDP | +73.7% |
| 2007 | 234.7 current LCU per US$ of GDP | -6.3% |
| 2008 | 214.68 current LCU per US$ of GDP | -8.5% |
| 2009 | 221.8 current LCU per US$ of GDP | +3.3% |
| 2010 | 251.87 current LCU per US$ of GDP | +13.6% |
| 2011 | 242.5 current LCU per US$ of GDP | -3.7% |
| 2012 | 230.95 current LCU per US$ of GDP | -4.8% |
| 2013 | 151.71 current LCU per US$ of GDP | -34.3% |
| 2014 | 170 current LCU per US$ of GDP | +12.1% |
| 2015 | 234.87 current LCU per US$ of GDP | +38.2% |
| 2016 | 307.34 current LCU per US$ of GDP | +30.9% |
| 2017 | 335.87 current LCU per US$ of GDP | +9.3% |
| 2018 | 358.04 current LCU per US$ of GDP | +6.6% |
| 2019 | 329.11 current LCU per US$ of GDP | -8.1% |
| 2020 | 377.16 current LCU per US$ of GDP | +14.6% |
| 2021 | 345.39 current LCU per US$ of GDP | -8.4% |
| 2022 | 328.97 current LCU per US$ of GDP | -4.8% |
| 2023 | 521.7 current LCU per US$ of GDP | +58.6% |
| 2024 | 585.29 current LCU per US$ of GDP | +12.2% |
Madagascar compared with similar countries
- Madagascar's 585.29 current LCU per US$ of GDP is above the median for low income countries, which is 12.33 current LCU per US$ of GDP, 47.5× the median. (24 countries reporting)
- Madagascar's 585.29 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 12.33 current LCU per US$ of GDP, 47.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per unit of GDP in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | -392.8% | 0.862 current LCU per US$ of GDP | -2.52 current LCU per US$ of GDP |
| 1996 | +268.2% | 6.07 current LCU per US$ of GDP | 22.34 current LCU per US$ of GDP |
| 1997 | +199.2% | 22.34 current LCU per US$ of GDP | 66.85 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.11 current LCU per US$ of GDP | 1.89 current LCU per US$ of GDP | 3.97 current LCU per US$ of GDP | 8 |
| 1970s | 1.35 current LCU per US$ of GDP | -2.52 current LCU per US$ of GDP | 2.83 current LCU per US$ of GDP | 10 |
| 1980s | -51.35 current LCU per US$ of GDP | -128.91 current LCU per US$ of GDP | -4.84 current LCU per US$ of GDP | 10 |
| 1990s | -13.4 current LCU per US$ of GDP | -178.6 current LCU per US$ of GDP | 66.85 current LCU per US$ of GDP | 10 |
| 2000s | 150.85 current LCU per US$ of GDP | 68.69 current LCU per US$ of GDP | 250.44 current LCU per US$ of GDP | 10 |
| 2010s | 261.23 current LCU per US$ of GDP | 151.71 current LCU per US$ of GDP | 358.04 current LCU per US$ of GDP | 10 |
| 2020s | 431.7 current LCU per US$ of GDP | 328.97 current LCU per US$ of GDP | 585.29 current LCU per US$ of GDP | 5 |
Countries ranked near Madagascar
- 9 Lebanon 972.5 current LCU per US$ of GDP compare
- 10 Laos 878.42 current LCU per US$ of GDP compare
- 11 Iraq 598.64 current LCU per US$ of GDP compare
- 13 Colombia 527.49 current LCU per US$ of GDP compare
- 14 Mongolia 361.61 current LCU per US$ of GDP compare
- 15 South Korea 334.78 current LCU per US$ of GDP compare
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net foreign assets (current lcu), per unit of gdp in Madagascar?
- Net foreign assets (current lcu), per unit of gdp in Madagascar was 585.29 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Madagascar?
- The highest recorded value was 585.29 current LCU per US$ of GDP in 2024.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Madagascar?
- The lowest recorded value was -178.6 current LCU per US$ of GDP in 1991.
- How does Madagascar rank for net foreign assets (current lcu), per unit of gdp?
- Madagascar ranks 12th out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 244.3%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Net foreign assets (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.