Debt service on external debt, public and publicly guaranteed (PPG) in Madagascar

Madagascar: Debt service on external debt, public and publicly guaranteed (PPG) was 11.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
11.6 % change on previous year
Change on year
down 61.9%
World rank
57th
of 122 countries
All-time high
213.42 % change on previous year
in 1997
All-time low
-86.83 % change on previous year
in 1978
Years of data
53
1971–2024

Debt service on external debt, public and publicly guaranteed (PPG) in Madagascar, 1971–2024

-1000100200197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Madagascar stood at 11.6 % change on previous year.

That represents a change of down 61.9% on the previous year and down 64.0% over ten years.

Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Madagascar peaked at 213.42 % change on previous year in 1997 and was at its lowest, -86.83 % change on previous year, in 1978.

Madagascar ranks 57th of 122 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.

Debt service on external debt, public and publicly guaranteed (PPG) in Madagascar, year by year

Annual values for Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate in Madagascar, 1971 to 2024.
Year % change on previous year Change
1971 9.42 % change on previous year
1972 9.03 % change on previous year -4.1%
1973 15.01 % change on previous year +66.2%
1974 1.97 % change on previous year -86.9%
1975 -25.31 % change on previous year -1385.0%
1976 -82.89 % change on previous year +227.4%
1978 -86.83 % change on previous year +4.7%
1979 86.92 % change on previous year -200.1%
1980 103.05 % change on previous year +18.6%
1981 1.11 % change on previous year -98.9%
1982 21.61 % change on previous year +1854.3%
1983 -32.74 % change on previous year -251.5%
1984 28.91 % change on previous year -188.3%
1985 28.93 % change on previous year +0.0%
1986 46.7 % change on previous year +61.4%
1987 35.81 % change on previous year -23.3%
1988 -15.43 % change on previous year -143.1%
1989 6.3 % change on previous year -140.8%
1990 -8.22 % change on previous year -230.5%
1991 -25.56 % change on previous year +210.9%
1992 -36.05 % change on previous year +41.1%
1993 -19.23 % change on previous year -46.7%
1994 -15.47 % change on previous year -19.5%
1995 -20.92 % change on previous year +35.2%
1996 55.01 % change on previous year -363.0%
1997 213.42 % change on previous year +287.9%
1998 -43.54 % change on previous year -120.4%
1999 28.66 % change on previous year -165.8%
2000 -27.18 % change on previous year -194.8%
2001 -39.09 % change on previous year +43.8%
2002 -5.91 % change on previous year -84.9%
2003 10.73 % change on previous year -281.6%
2004 15.44 % change on previous year +44.0%
2005 -11.26 % change on previous year -172.9%
2006 -13.58 % change on previous year +20.6%
2007 -67.67 % change on previous year +398.1%
2008 37.12 % change on previous year -154.9%
2009 64.92 % change on previous year +74.9%
2010 28.16 % change on previous year -56.6%
2011 -22.29 % change on previous year -179.2%
2012 42.16 % change on previous year -289.2%
2013 -4.28 % change on previous year -110.1%
2014 32.2 % change on previous year -853.0%
2015 59.68 % change on previous year +85.3%
2016 -19.91 % change on previous year -133.4%
2017 19.06 % change on previous year -195.7%
2018 -11.95 % change on previous year -162.7%
2019 -3.82 % change on previous year -68.0%
2020 7.22 % change on previous year -289.0%
2021 23.86 % change on previous year +230.3%
2022 5.68 % change on previous year -76.2%
2023 30.43 % change on previous year +435.9%
2024 11.6 % change on previous year -61.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s -9.08 % change on previous year -86.83 % change on previous year 86.92 % change on previous year 8
1980s 22.43 % change on previous year -32.74 % change on previous year 103.05 % change on previous year 10
1990s 12.81 % change on previous year -43.54 % change on previous year 213.42 % change on previous year 10
2000s -3.65 % change on previous year -67.67 % change on previous year 64.92 % change on previous year 10
2010s 11.9 % change on previous year -22.29 % change on previous year 59.68 % change on previous year 10
2020s 15.76 % change on previous year 5.68 % change on previous year 30.43 % change on previous year 5

Countries ranked near Madagascar

  1. 54 Ecuador 13.09 % change on previous year compare
  2. 55 Solomon Islands 12.19 % change on previous year compare
  3. 56 Saint Vincent and the Grenadines 11.84 % change on previous year compare
  4. 58 Lesotho 11.55 % change on previous year compare
  5. 59 Albania 10.07 % change on previous year compare
  6. 60 Lao People's Democratic Republic 9.62 % change on previous year compare

See the full ranking of 134 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is debt service on external debt, public and publicly guaranteed (ppg) in Madagascar?
Debt service on external debt, public and publicly guaranteed (ppg) in Madagascar was 11.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Madagascar?
The highest recorded value was 213.42 % change on previous year in 1997.
What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Madagascar?
The lowest recorded value was -86.83 % change on previous year in 1978.
How does Madagascar rank for debt service on external debt, public and publicly guaranteed (ppg)?
Madagascar ranks 57th out of 122 countries with data for 2024.
Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Madagascar?
Over the last ten years it is down 64.0%. 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 Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Debt service on external debt, public and publicly guaranteed (PPG) in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://debt.statizoid.com/stat/debt-service-on-external-debt-public-and-publicly-guaranteed-ppg-tds-current-us-annual/madagascar/

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How this figure is calculated

The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
134 places, 6,213 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.