External debt stocks, public and publicly guaranteed (PPG) (DOD) in Madagascar

Madagascar: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 149.09 DOD, current US$ per person in 2024. ◆ Volatile

Latest (2024)
149.09 DOD, current US$ per person
Change on year
up 4.3%
World rank
110th
of 122 countries
All-time high
299 DOD, current US$ per person
in 1987
All-time low
21.72 DOD, current US$ per person
in 1976
Years of data
55
1970–2024

External debt stocks, public and publicly guaranteed (PPG) (DOD) in Madagascar, 1970–2024

0100200300197019972024

Source: Statizoid (derived). Measured in DOD, current US$ per person.

Analysis

The most recent figure for external debt stocks, public and publicly guaranteed (ppg) (dod) in Madagascar is 149.09 DOD, current US$ per person, measured in 2024.

The figure is up 4.3% on the previous year and up 53.5% over ten years.

Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Madagascar peaked at 299 DOD, current US$ per person in 1987 and was at its lowest, 21.72 DOD, current US$ per person, in 1976.

Madagascar ranks 110th of 122 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

External debt stocks, public and publicly guaranteed (PPG) (DOD) in Madagascar, year by year

Annual values for External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per capita in Madagascar, 1970 to 2024.
Year DOD, current US$ per person Change
1970 72.71 DOD, current US$ per person
1971 71.11 DOD, current US$ per person -2.2%
1972 72.11 DOD, current US$ per person +1.4%
1973 69.29 DOD, current US$ per person -3.9%
1974 99.41 DOD, current US$ per person +43.5%
1975 100.03 DOD, current US$ per person +0.6%
1976 21.72 DOD, current US$ per person -78.3%
1977 87.13 DOD, current US$ per person +301.2%
1978 32.95 DOD, current US$ per person -62.2%
1979 66.68 DOD, current US$ per person +102.4%
1980 101.9 DOD, current US$ per person +52.8%
1981 151.37 DOD, current US$ per person +48.5%
1982 173.95 DOD, current US$ per person +14.9%
1983 172.27 DOD, current US$ per person -1.0%
1984 183.73 DOD, current US$ per person +6.6%
1985 213.44 DOD, current US$ per person +16.2%
1986 245.74 DOD, current US$ per person +15.1%
1987 299 DOD, current US$ per person +21.7%
1988 293.21 DOD, current US$ per person -1.9%
1989 268.47 DOD, current US$ per person -8.4%
1990 276.61 DOD, current US$ per person +3.0%
1991 283.29 DOD, current US$ per person +2.4%
1992 270.99 DOD, current US$ per person -4.3%
1993 251.28 DOD, current US$ per person -7.3%
1994 259.78 DOD, current US$ per person +3.4%
1995 263.72 DOD, current US$ per person +1.5%
1996 244.78 DOD, current US$ per person -7.2%
1997 258.5 DOD, current US$ per person +5.6%
1998 265.11 DOD, current US$ per person +2.6%
1999 273.05 DOD, current US$ per person +3.0%
2000 260.06 DOD, current US$ per person -4.8%
2001 222.71 DOD, current US$ per person -14.4%
2002 235.71 DOD, current US$ per person +5.8%
2003 255.77 DOD, current US$ per person +8.5%
2004 187.74 DOD, current US$ per person -26.6%
2005 166.32 DOD, current US$ per person -11.4%
2006 63.28 DOD, current US$ per person -62.0%
2007 71.85 DOD, current US$ per person +13.5%
2008 84.6 DOD, current US$ per person +17.7%
2009 87.94 DOD, current US$ per person +4.0%
2010 91.91 DOD, current US$ per person +4.5%
2011 94.26 DOD, current US$ per person +2.6%
2012 95.86 DOD, current US$ per person +1.7%
2013 96.7 DOD, current US$ per person +0.9%
2014 97.14 DOD, current US$ per person +0.5%
2015 98.71 DOD, current US$ per person +1.6%
2016 94.5 DOD, current US$ per person -4.3%
2017 102.14 DOD, current US$ per person +8.1%
2018 105.5 DOD, current US$ per person +3.3%
2019 110.45 DOD, current US$ per person +4.7%
2020 121.16 DOD, current US$ per person +9.7%
2021 125.14 DOD, current US$ per person +3.3%
2022 129.18 DOD, current US$ per person +3.2%
2023 142.95 DOD, current US$ per person +10.7%
2024 149.09 DOD, current US$ per person +4.3%

Madagascar compared with similar countries

  • Madagascar's 149.09 DOD, current US$ per person is below the median for low income countries, which is 167.49 DOD, current US$ per person, 89% of the median. (23 countries reporting)
  • Madagascar's 149.09 DOD, current US$ per person is below the median for Sub-Saharan Africa, which is 359.97 DOD, current US$ per person, 41% of the median. (44 countries reporting)

Biggest year-on-year movements

Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) 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.

YearChange FromTo
1977 +301.2% 21.72 DOD, current US$ per person 87.13 DOD, current US$ per person
1979 +102.4% 32.95 DOD, current US$ per person 66.68 DOD, current US$ per person
1976 -78.3% 100.03 DOD, current US$ per person 21.72 DOD, current US$ per person
1978 -62.2% 87.13 DOD, current US$ per person 32.95 DOD, current US$ per person
2006 -62.0% 166.32 DOD, current US$ per person 63.28 DOD, current US$ per person
1980 +52.8% 66.68 DOD, current US$ per person 101.9 DOD, current US$ per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 69.31 DOD, current US$ per person 21.72 DOD, current US$ per person 100.03 DOD, current US$ per person 10
1980s 210.31 DOD, current US$ per person 101.9 DOD, current US$ per person 299 DOD, current US$ per person 10
1990s 264.71 DOD, current US$ per person 244.78 DOD, current US$ per person 283.29 DOD, current US$ per person 10
2000s 163.6 DOD, current US$ per person 63.28 DOD, current US$ per person 260.06 DOD, current US$ per person 10
2010s 98.72 DOD, current US$ per person 91.91 DOD, current US$ per person 110.45 DOD, current US$ per person 10
2020s 133.51 DOD, current US$ per person 121.16 DOD, current US$ per person 149.09 DOD, current US$ per person 5

Countries ranked near Madagascar

  1. 107 Niger 167.49 DOD, current US$ per person compare
  2. 108 India 164.69 DOD, current US$ per person compare
  3. 109 Sierra Leone 152.06 DOD, current US$ per person compare
  4. 111 Yemen 139.58 DOD, current US$ per person compare
  5. 112 Malawi 138.71 DOD, current US$ per person compare
  6. 113 Syrian Arab Republic 138.19 DOD, current US$ per person compare

See the full ranking of 134 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is external debt stocks, public and publicly guaranteed (ppg) (dod) in Madagascar?
External debt stocks, public and publicly guaranteed (ppg) (dod) in Madagascar was 149.09 DOD, current US$ per person in 2024, according to Statizoid (derived).
What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Madagascar?
The highest recorded value was 299 DOD, current US$ per person in 1987.
What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Madagascar?
The lowest recorded value was 21.72 DOD, current US$ per person in 1976.
How does Madagascar rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
Madagascar ranks 110th out of 122 countries with data for 2024.
Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Madagascar?
Over the last ten years it is up 53.5%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per capita. Statizoid updates them automatically from the source API.

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External debt stocks, public and publicly guaranteed (PPG) (DOD) in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://debt.statizoid.com/stat/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us-per-capita/madagascar/

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<a href="https://debt.statizoid.com/stat/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us-per-capita/madagascar/">External debt stocks, public and publicly guaranteed (PPG) (DOD) in Madagascar</a> — Statizoid

How this figure is calculated

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ Population, total

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
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per capita
Unit
DOD, current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
134 places, 6,457 data points, 1970–2024
Last refreshed

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.