Debt service on external debt, total in Madagascar
Madagascar: Debt service on external debt, total was 292.38 million TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
292.38 million TDS, current US$
Change on year
up 9.8%
World rank
90th
of 122 countries
All-time high
292.38 million TDS, current US$
in 2024
All-time low
10.98 million TDS, current US$
in 1976
Years of data
55
1970–2024
Debt service on external debt, total in Madagascar, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, total in Madagascar stood at 292.38 million TDS, current US$. That is the highest value across all 55 years on record.
That represents a change of up 9.8% on the previous year and up 193.5% over ten years.
Over the whole period, debt service on external debt, total in Madagascar peaked at 292.38 million TDS, current US$ in 2024 and was at its lowest, 10.98 million TDS, current US$, in 1976.
Madagascar ranks 90th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Madagascar, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 61.42 million TDS, current US$ | — |
| 1971 | 67.20 million TDS, current US$ | +9.4% |
| 1972 | 73.27 million TDS, current US$ | +9.0% |
| 1973 | 84.28 million TDS, current US$ | +15.0% |
| 1974 | 85.94 million TDS, current US$ | +2.0% |
| 1975 | 64.18 million TDS, current US$ | -25.3% |
| 1976 | 10.98 million TDS, current US$ | -82.9% |
| 1977 | 146.31 million TDS, current US$ | +1232.3% |
| 1978 | 21.34 million TDS, current US$ | -85.4% |
| 1979 | 38.53 million TDS, current US$ | +80.5% |
| 1980 | 100.35 million TDS, current US$ | +160.4% |
| 1981 | 109.79 million TDS, current US$ | +9.4% |
| 1982 | 109.78 million TDS, current US$ | -0.0% |
| 1983 | 82.49 million TDS, current US$ | -24.9% |
| 1984 | 122.61 million TDS, current US$ | +48.6% |
| 1985 | 149.79 million TDS, current US$ | +22.2% |
| 1986 | 210.80 million TDS, current US$ | +40.7% |
| 1987 | 245.17 million TDS, current US$ | +16.3% |
| 1988 | 218.57 million TDS, current US$ | -10.8% |
| 1989 | 237.02 million TDS, current US$ | +8.4% |
| 1990 | 222.71 million TDS, current US$ | -6.0% |
| 1991 | 160.72 million TDS, current US$ | -27.8% |
| 1992 | 96.37 million TDS, current US$ | -40.0% |
| 1993 | 78.14 million TDS, current US$ | -18.9% |
| 1994 | 65.27 million TDS, current US$ | -16.5% |
| 1995 | 58.25 million TDS, current US$ | -10.8% |
| 1996 | 82.76 million TDS, current US$ | +42.1% |
| 1997 | 212.03 million TDS, current US$ | +156.2% |
| 1998 | 125.38 million TDS, current US$ | -40.9% |
| 1999 | 160.23 million TDS, current US$ | +27.8% |
| 2000 | 117.84 million TDS, current US$ | -26.5% |
| 2001 | 67.75 million TDS, current US$ | -42.5% |
| 2002 | 64.85 million TDS, current US$ | -4.3% |
| 2003 | 70.59 million TDS, current US$ | +8.9% |
| 2004 | 82.76 million TDS, current US$ | +17.2% |
| 2005 | 79.64 million TDS, current US$ | -3.8% |
| 2006 | 60.70 million TDS, current US$ | -23.8% |
| 2007 | 34.60 million TDS, current US$ | -43.0% |
| 2008 | 39.40 million TDS, current US$ | +13.8% |
| 2009 | 49.90 million TDS, current US$ | +26.7% |
| 2010 | 61.96 million TDS, current US$ | +24.2% |
| 2011 | 50.33 million TDS, current US$ | -18.8% |
| 2012 | 72.54 million TDS, current US$ | +44.1% |
| 2013 | 72.25 million TDS, current US$ | -0.4% |
| 2014 | 99.62 million TDS, current US$ | +37.9% |
| 2015 | 140.62 million TDS, current US$ | +41.2% |
| 2016 | 123.01 million TDS, current US$ | -12.5% |
| 2017 | 131.92 million TDS, current US$ | +7.2% |
| 2018 | 131.22 million TDS, current US$ | -0.5% |
| 2019 | 126.45 million TDS, current US$ | -3.6% |
| 2020 | 132.52 million TDS, current US$ | +4.8% |
| 2021 | 168.35 million TDS, current US$ | +27.0% |
| 2022 | 215.96 million TDS, current US$ | +28.3% |
| 2023 | 266.38 million TDS, current US$ | +23.4% |
| 2024 | 292.38 million TDS, current US$ | +9.8% |
Madagascar compared with similar countries
- Madagascar's 292.38 million TDS, current US$ is above the median for low income countries, which is 163.79 million TDS, current US$, 1.8× the median. (23 countries reporting)
- Madagascar's 292.38 million TDS, current US$ is below the median for Sub-Saharan Africa, which is 421.48 million TDS, current US$, 69% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +1232.3% | 10.98 million TDS, current US$ | 146.31 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65.35 million TDS, current US$ | 10.98 million TDS, current US$ | 146.31 million TDS, current US$ | 10 |
| 1980s | 158.64 million TDS, current US$ | 82.49 million TDS, current US$ | 245.17 million TDS, current US$ | 10 |
| 1990s | 126.19 million TDS, current US$ | 58.25 million TDS, current US$ | 222.71 million TDS, current US$ | 10 |
| 2000s | 66.80 million TDS, current US$ | 34.60 million TDS, current US$ | 117.84 million TDS, current US$ | 10 |
| 2010s | 100.99 million TDS, current US$ | 50.33 million TDS, current US$ | 140.62 million TDS, current US$ | 10 |
| 2020s | 215.12 million TDS, current US$ | 132.52 million TDS, current US$ | 292.38 million TDS, current US$ | 5 |
Countries ranked near Madagascar
More external debt data for Madagascar
- IFC, private nonguaranteed 36.33 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.14 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0021 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 43.93 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA 334.13 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 10.45 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.019 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 0 NFL, current US$ (2000)
- Public and publicly guaranteed debt service 4.7% (2024)
Frequently asked questions
- What is debt service on external debt, total in Madagascar?
- Debt service on external debt, total in Madagascar was 292.38 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Madagascar?
- The highest recorded value was 292.38 million TDS, current US$ in 2024.
- What is the lowest debt service on external debt, total recorded in Madagascar?
- The lowest recorded value was 10.98 million TDS, current US$ in 1976.
- How does Madagascar rank for debt service on external debt, total?
- Madagascar ranks 90th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Madagascar?
- Over the last ten years it is up 193.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.