Net foreign assets in Madagascar
Madagascar: Net foreign assets was 1.17 billion current US$ in 2011. ◆ Volatile
Latest (2011)
1.17 billion current US$
Change on year
up 8.6%
World rank
28th
of 51 countries
All-time high
1.17 billion current US$
in 2011
All-time low
-1.59 billion current US$
in 1991
Years of data
50
1962–2011
Net foreign assets in Madagascar, 1962–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current US$.
Analysis
In 2011, net foreign assets in Madagascar stood at 1.17 billion current US$. That is the highest value across all 50 years on record.
That represents a change of up 8.6% on the previous year and up 264.8% over ten years.
Over the whole period, net foreign assets in Madagascar peaked at 1.17 billion current US$ in 2011 and was at its lowest, -1.59 billion current US$, in 1991.
Madagascar ranks 28th of 51 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Madagascar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1962 | 59.84 million current US$ | — |
| 1963 | 52.63 million current US$ | -12.0% |
| 1964 | 53.88 million current US$ | +2.4% |
| 1965 | 60.68 million current US$ | +12.6% |
| 1966 | 62.36 million current US$ | +2.8% |
| 1967 | 59.00 million current US$ | -5.4% |
| 1968 | 47.85 million current US$ | -18.9% |
| 1969 | 35.99 million current US$ | -24.8% |
| 1970 | 56.95 million current US$ | +58.3% |
| 1971 | 55.05 million current US$ | -3.3% |
| 1972 | 66.01 million current US$ | +19.9% |
| 1973 | 82.21 million current US$ | +24.5% |
| 1974 | 74.88 million current US$ | -8.9% |
| 1975 | 44.39 million current US$ | -40.7% |
| 1976 | 49.50 million current US$ | +11.5% |
| 1977 | 66.90 million current US$ | +35.2% |
| 1978 | 55.05 million current US$ | -17.7% |
| 1979 | -217.46 million current US$ | -495.0% |
| 1980 | -557.11 million current US$ | +156.2% |
| 1981 | -620.26 million current US$ | +11.3% |
| 1982 | -603.55 million current US$ | -2.7% |
| 1983 | -894.14 million current US$ | +48.1% |
| 1984 | -917.12 million current US$ | +2.6% |
| 1985 | -1.10 billion current US$ | +20.2% |
| 1986 | -1.20 billion current US$ | +9.0% |
| 1987 | -1.42 billion current US$ | +17.8% |
| 1988 | -1.31 billion current US$ | -7.7% |
| 1989 | -1.34 billion current US$ | +2.2% |
| 1990 | -1.55 billion current US$ | +15.8% |
| 1991 | -1.59 billion current US$ | +2.5% |
| 1992 | -124.77 million current US$ | -92.1% |
| 1993 | -60.04 million current US$ | -51.9% |
| 1994 | -59.59 million current US$ | -0.7% |
| 1995 | 34.02 million current US$ | -157.1% |
| 1996 | 127.29 million current US$ | +274.2% |
| 1997 | 269.62 million current US$ | +111.8% |
| 1998 | 149.90 million current US$ | -44.4% |
| 1999 | 194.85 million current US$ | +30.0% |
| 2000 | 259.05 million current US$ | +33.0% |
| 2001 | 320.32 million current US$ | +23.7% |
| 2002 | 288.88 million current US$ | -9.8% |
| 2003 | 358.88 million current US$ | +24.2% |
| 2004 | 414.95 million current US$ | +15.6% |
| 2005 | 391.05 million current US$ | -5.8% |
| 2006 | 757.50 million current US$ | +93.7% |
| 2007 | 1.03 billion current US$ | +36.4% |
| 2008 | 1.13 billion current US$ | +9.2% |
| 2009 | 984.65 million current US$ | -12.7% |
| 2010 | 1.08 billion current US$ | +9.2% |
| 2011 | 1.17 billion current US$ | +8.6% |
Madagascar compared with similar countries
- Madagascar's 1.17 billion current US$ is above the median for low income countries, which is 369.86 million current US$, 3.2× the median. (19 countries reporting)
- Madagascar's 1.17 billion current US$ is below the median for Sub-Saharan Africa, which is 1.19 billion current US$, 98% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | -495.0% | 55.05 million current US$ | -217.46 million current US$ |
| 1996 | +274.2% | 34.02 million current US$ | 127.29 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 54.03 million current US$ | 35.99 million current US$ | 62.36 million current US$ | 8 |
| 1970s | 33.35 million current US$ | -217.46 million current US$ | 82.21 million current US$ | 10 |
| 1980s | -995.46 million current US$ | -1.42 billion current US$ | -557.11 million current US$ | 10 |
| 1990s | -260.18 million current US$ | -1.59 billion current US$ | 269.62 million current US$ | 10 |
| 2000s | 593.64 million current US$ | 259.05 million current US$ | 1.13 billion current US$ | 10 |
| 2010s | 1.12 billion current US$ | 1.08 billion current US$ | 1.17 billion current US$ | 2 |
Countries ranked near Madagascar
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 in Madagascar?
- Net foreign assets in Madagascar was 1.17 billion current US$ in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net foreign assets recorded in Madagascar?
- The highest recorded value was 1.17 billion current US$ in 2011.
- What is the lowest net foreign assets recorded in Madagascar?
- The lowest recorded value was -1.59 billion current US$ in 1991.
- How does Madagascar rank for net foreign assets?
- Madagascar ranks 28th out of 51 countries with data for 2011.
- Is net foreign assets rising or falling in Madagascar?
- Over the last ten years it is up 264.8%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Net foreign assets (current US$). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current U.S. dollars.