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

Madagascar: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 0.2709 DOD, current US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.2709 DOD, current US$ per US$ of GDP
Change on year
down 2.6%
World rank
53rd
of 122 countries
All-time high
1.08 DOD, current US$ per US$ of GDP
in 1991
All-time low
0.0794 DOD, current US$ per US$ of GDP
in 1976
Years of data
55
1970–2024

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

00.250.50.751197019972024

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

Analysis

Madagascar recorded 0.2709 DOD, current US$ per US$ of GDP for external debt stocks, public and publicly guaranteed (ppg) (dod) in 2024.

Compared with earlier readings it is down 2.6% on the previous year and up 41.0% over ten years.

Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Madagascar peaked at 1.08 DOD, current US$ per US$ of GDP in 1991 and was at its lowest, 0.0794 DOD, current US$ per US$ of GDP, in 1976.

Madagascar ranks 53rd 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.

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$), per unit of GDP in Madagascar, 1970 to 2024.
Year DOD, current US$ per US$ of GDP Change
1970 0.4363 DOD, current US$ per US$ of GDP
1971 0.4072 DOD, current US$ per US$ of GDP -6.7%
1972 0.3802 DOD, current US$ per US$ of GDP -6.6%
1973 0.3055 DOD, current US$ per US$ of GDP -19.7%
1974 0.3893 DOD, current US$ per US$ of GDP +27.4%
1975 0.3391 DOD, current US$ per US$ of GDP -12.9%
1976 0.0794 DOD, current US$ per US$ of GDP -76.6%
1977 0.3037 DOD, current US$ per US$ of GDP +282.5%
1978 0.1046 DOD, current US$ per US$ of GDP -65.6%
1979 0.1682 DOD, current US$ per US$ of GDP +60.8%
1980 0.1764 DOD, current US$ per US$ of GDP +4.9%
1981 0.2951 DOD, current US$ per US$ of GDP +67.3%
1982 0.3475 DOD, current US$ per US$ of GDP +17.7%
1983 0.3618 DOD, current US$ per US$ of GDP +4.1%
1984 0.4767 DOD, current US$ per US$ of GDP +31.8%
1985 0.5856 DOD, current US$ per US$ of GDP +22.8%
1986 0.6068 DOD, current US$ per US$ of GDP +3.6%
1987 1.03 DOD, current US$ per US$ of GDP +69.4%
1988 1.05 DOD, current US$ per US$ of GDP +1.7%
1989 0.9896 DOD, current US$ per US$ of GDP -5.3%
1990 0.8482 DOD, current US$ per US$ of GDP -14.3%
1991 1.08 DOD, current US$ per US$ of GDP +27.5%
1992 0.9338 DOD, current US$ per US$ of GDP -13.6%
1993 0.8161 DOD, current US$ per US$ of GDP -12.6%
1994 1 DOD, current US$ per US$ of GDP +23.0%
1995 0.9655 DOD, current US$ per US$ of GDP -3.8%
1996 0.7202 DOD, current US$ per US$ of GDP -25.4%
1997 0.909 DOD, current US$ per US$ of GDP +26.2%
1998 0.9328 DOD, current US$ per US$ of GDP +2.6%
1999 1.02 DOD, current US$ per US$ of GDP +9.5%
2000 0.9279 DOD, current US$ per US$ of GDP -9.1%
2001 0.6975 DOD, current US$ per US$ of GDP -24.8%
2002 0.773 DOD, current US$ per US$ of GDP +10.8%
2003 0.7254 DOD, current US$ per US$ of GDP -6.2%
2004 0.6897 DOD, current US$ per US$ of GDP -4.9%
2005 0.5439 DOD, current US$ per US$ of GDP -21.1%
2006 0.1952 DOD, current US$ per US$ of GDP -64.1%
2007 0.1713 DOD, current US$ per US$ of GDP -12.3%
2008 0.165 DOD, current US$ per US$ of GDP -3.6%
2009 0.197 DOD, current US$ per US$ of GDP +19.4%
2010 0.2042 DOD, current US$ per US$ of GDP +3.7%
2011 0.1862 DOD, current US$ per US$ of GDP -8.8%
2012 0.1942 DOD, current US$ per US$ of GDP +4.3%
2013 0.1877 DOD, current US$ per US$ of GDP -3.4%
2014 0.1921 DOD, current US$ per US$ of GDP +2.4%
2015 0.2217 DOD, current US$ per US$ of GDP +15.4%
2016 0.2082 DOD, current US$ per US$ of GDP -6.1%
2017 0.2077 DOD, current US$ per US$ of GDP -0.2%
2018 0.2108 DOD, current US$ per US$ of GDP +1.5%
2019 0.221 DOD, current US$ per US$ of GDP +4.8%
2020 0.2688 DOD, current US$ per US$ of GDP +21.6%
2021 0.2588 DOD, current US$ per US$ of GDP -3.7%
2022 0.2563 DOD, current US$ per US$ of GDP -1.0%
2023 0.2781 DOD, current US$ per US$ of GDP +8.5%
2024 0.2709 DOD, current US$ per US$ of GDP -2.6%

Madagascar compared with similar countries

  • Madagascar's 0.2709 DOD, current US$ per US$ of GDP is above the median for low income countries, which is 0.2295 DOD, current US$ per US$ of GDP, 1.2× the median. (23 countries reporting)
  • Madagascar's 0.2709 DOD, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.2656 DOD, current US$ per US$ of GDP, 1.0× 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 +282.5% 0.0794 DOD, current US$ per US$ of GDP 0.3037 DOD, current US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2914 DOD, current US$ per US$ of GDP 0.0794 DOD, current US$ per US$ of GDP 0.4363 DOD, current US$ per US$ of GDP 10
1980s 0.5913 DOD, current US$ per US$ of GDP 0.1764 DOD, current US$ per US$ of GDP 1.05 DOD, current US$ per US$ of GDP 10
1990s 0.9232 DOD, current US$ per US$ of GDP 0.7202 DOD, current US$ per US$ of GDP 1.08 DOD, current US$ per US$ of GDP 10
2000s 0.5086 DOD, current US$ per US$ of GDP 0.165 DOD, current US$ per US$ of GDP 0.9279 DOD, current US$ per US$ of GDP 10
2010s 0.2034 DOD, current US$ per US$ of GDP 0.1862 DOD, current US$ per US$ of GDP 0.2217 DOD, current US$ per US$ of GDP 10
2020s 0.2666 DOD, current US$ per US$ of GDP 0.2563 DOD, current US$ per US$ of GDP 0.2781 DOD, current US$ per US$ of GDP 5

Countries ranked near Madagascar

  1. 50 Fiji 0.2842 DOD, current US$ per US$ of GDP compare
  2. 51 Egypt 0.2748 DOD, current US$ per US$ of GDP compare
  3. 52 Vanuatu 0.2719 DOD, current US$ per US$ of GDP compare
  4. 54 Gabon 0.2657 DOD, current US$ per US$ of GDP compare
  5. 55 Malawi 0.2655 DOD, current US$ per US$ of GDP compare
  6. 56 Uganda 0.2615 DOD, current US$ per US$ of GDP 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 0.2709 DOD, current US$ per US$ of GDP 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 1.08 DOD, current US$ per US$ of GDP in 1991.
What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Madagascar?
The lowest recorded value was 0.0794 DOD, current US$ per US$ of GDP in 1976.
How does Madagascar rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
Madagascar ranks 53rd 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 41.0%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP. 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 16 September 2026, from https://debt.statizoid.com/stat/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us-per-unit-of-gdp/madagascar/

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How this figure is calculated

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
DOD, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
134 places, 6,289 data points, 1970–2024
Last refreshed

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