Primary income balance (credit less debit), Net (credits less debits) in Madagascar
Madagascar: Primary income balance (credit less debit), Net (credits less debits) was -419.51 million in 2022. ▼ Falling
Primary income balance (credit less debit), Net (credits less debits) in Madagascar, 2005–2022
Source: International Monetary Fund.
Analysis
Madagascar recorded -419.51 million for primary income balance (credit less debit), net (credits less debits) in 2022.
That represents a change of down 35.3% on the previous year and down 13.0% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Madagascar peaked at -85.97 million in 2007 and was at its lowest, -491.23 million, in 2019.
Madagascar ranks 94th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -122.43 million | — |
| 2006 | -147.01 million | +20.1% |
| 2007 | -85.97 million | -41.5% |
| 2008 | -99.82 million | +16.1% |
| 2009 | -146.86 million | +47.1% |
| 2010 | -179.34 million | +22.1% |
| 2011 | -211.86 million | +18.1% |
| 2012 | -371.13 million | +75.2% |
| 2013 | -423.37 million | +14.1% |
| 2014 | -349.90 million | -17.4% |
| 2015 | -428.24 million | +22.4% |
| 2016 | -469.14 million | +9.6% |
| 2017 | -416.27 million | -11.3% |
| 2018 | -460.46 million | +10.6% |
| 2019 | -491.23 million | +6.7% |
| 2020 | -384.95 million | -21.6% |
| 2021 | -310.10 million | -19.4% |
| 2022 | -419.51 million | +35.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -120.42 million | -147.01 million | -85.97 million | 5 |
| 2010s | -380.09 million | -491.23 million | -179.34 million | 10 |
| 2020s | -371.52 million | -419.51 million | -310.10 million | 3 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 0.9111 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.96 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1185 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 65.22 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 8.84 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Madagascar?
- Primary income balance (credit less debit), net (credits less debits) in Madagascar was -419.51 million in 2022, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Madagascar?
- The highest recorded value was -85.97 million in 2007.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Madagascar?
- The lowest recorded value was -491.23 million in 2019.
- How does Madagascar rank for primary income balance (credit less debit), net (credits less debits)?
- Madagascar ranks 94th out of 197 countries with data for 2022.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Madagascar?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.