External debt stocks, public and publicly guaranteed (PPG) in Madagascar
Madagascar: External debt stocks, public and publicly guaranteed (PPG) was 4.77 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) in Madagascar, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, public and publicly guaranteed (ppg) in Madagascar stood at 4.77 billion DOD, current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 98.1% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Madagascar peaked at 4.77 billion DOD, current US$ in 2024 and was at its lowest, 173.22 million DOD, current US$, in 1976.
Madagascar ranks 73rd of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) in Madagascar, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 485.15 million DOD, current US$ | — |
| 1971 | 488.44 million DOD, current US$ | +0.7% |
| 1972 | 510.14 million DOD, current US$ | +4.4% |
| 1973 | 504.99 million DOD, current US$ | -1.0% |
| 1974 | 746.52 million DOD, current US$ | +47.8% |
| 1975 | 774.17 million DOD, current US$ | +3.7% |
| 1976 | 173.22 million DOD, current US$ | -77.6% |
| 1977 | 716.42 million DOD, current US$ | +313.6% |
| 1978 | 279.25 million DOD, current US$ | -61.0% |
| 1979 | 582.61 million DOD, current US$ | +108.6% |
| 1980 | 917.72 million DOD, current US$ | +57.5% |
| 1981 | 1.40 billion DOD, current US$ | +53.0% |
| 1982 | 1.66 billion DOD, current US$ | +18.4% |
| 1983 | 1.70 billion DOD, current US$ | +2.0% |
| 1984 | 1.86 billion DOD, current US$ | +9.8% |
| 1985 | 2.23 billion DOD, current US$ | +19.6% |
| 1986 | 2.64 billion DOD, current US$ | +18.5% |
| 1987 | 3.30 billion DOD, current US$ | +25.2% |
| 1988 | 3.33 billion DOD, current US$ | +0.9% |
| 1989 | 3.14 billion DOD, current US$ | -5.7% |
| 1990 | 3.33 billion DOD, current US$ | +6.1% |
| 1991 | 3.52 billion DOD, current US$ | +5.5% |
| 1992 | 3.47 billion DOD, current US$ | -1.4% |
| 1993 | 3.32 billion DOD, current US$ | -4.4% |
| 1994 | 3.54 billion DOD, current US$ | +6.6% |
| 1995 | 3.71 billion DOD, current US$ | +4.8% |
| 1996 | 3.55 billion DOD, current US$ | -4.1% |
| 1997 | 3.88 billion DOD, current US$ | +9.1% |
| 1998 | 4.11 billion DOD, current US$ | +6.0% |
| 1999 | 4.37 billion DOD, current US$ | +6.4% |
| 2000 | 4.30 billion DOD, current US$ | -1.7% |
| 2001 | 3.79 billion DOD, current US$ | -11.7% |
| 2002 | 4.14 billion DOD, current US$ | +9.0% |
| 2003 | 4.62 billion DOD, current US$ | +11.7% |
| 2004 | 3.49 billion DOD, current US$ | -24.4% |
| 2005 | 3.19 billion DOD, current US$ | -8.8% |
| 2006 | 1.25 billion DOD, current US$ | -60.8% |
| 2007 | 1.46 billion DOD, current US$ | +16.9% |
| 2008 | 1.77 billion DOD, current US$ | +21.3% |
| 2009 | 1.89 billion DOD, current US$ | +7.1% |
| 2010 | 2.04 billion DOD, current US$ | +7.6% |
| 2011 | 2.15 billion DOD, current US$ | +5.5% |
| 2012 | 2.25 billion DOD, current US$ | +4.5% |
| 2013 | 2.33 billion DOD, current US$ | +3.7% |
| 2014 | 2.41 billion DOD, current US$ | +3.2% |
| 2015 | 2.51 billion DOD, current US$ | +4.3% |
| 2016 | 2.47 billion DOD, current US$ | -1.7% |
| 2017 | 2.74 billion DOD, current US$ | +10.9% |
| 2018 | 2.90 billion DOD, current US$ | +6.0% |
| 2019 | 3.12 billion DOD, current US$ | +7.5% |
| 2020 | 3.51 billion DOD, current US$ | +12.5% |
| 2021 | 3.72 billion DOD, current US$ | +5.9% |
| 2022 | 3.93 billion DOD, current US$ | +5.8% |
| 2023 | 4.46 billion DOD, current US$ | +13.4% |
| 2024 | 4.77 billion DOD, current US$ | +6.9% |
Madagascar compared with similar countries
- Madagascar's 4.77 billion DOD, current US$ is above the median for low income countries, which is 3.41 billion DOD, current US$, 1.4× the median. (23 countries reporting)
- Madagascar's 4.77 billion DOD, current US$ is below the median for Sub-Saharan Africa, which is 4.94 billion DOD, current US$, 96% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, public and publicly guaranteed (PPG) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +313.6% | 173.22 million DOD, current US$ | 716.42 million DOD, current US$ |
| 1979 | +108.6% | 279.25 million DOD, current US$ | 582.61 million DOD, current US$ |
| 1976 | -77.6% | 774.17 million DOD, current US$ | 173.22 million DOD, current US$ |
| 1978 | -61.0% | 716.42 million DOD, current US$ | 279.25 million DOD, current US$ |
| 2006 | -60.8% | 3.19 billion DOD, current US$ | 1.25 billion DOD, current US$ |
| 1980 | +57.5% | 582.61 million DOD, current US$ | 917.72 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 526.09 million DOD, current US$ | 173.22 million DOD, current US$ | 774.17 million DOD, current US$ | 10 |
| 1980s | 2.22 billion DOD, current US$ | 917.72 million DOD, current US$ | 3.33 billion DOD, current US$ | 10 |
| 1990s | 3.68 billion DOD, current US$ | 3.32 billion DOD, current US$ | 4.37 billion DOD, current US$ | 10 |
| 2000s | 2.99 billion DOD, current US$ | 1.25 billion DOD, current US$ | 4.62 billion DOD, current US$ | 10 |
| 2010s | 2.49 billion DOD, current US$ | 2.04 billion DOD, current US$ | 3.12 billion DOD, current US$ | 10 |
| 2020s | 4.08 billion DOD, current US$ | 3.51 billion DOD, current US$ | 4.77 billion DOD, current US$ | 5 |
Countries ranked near Madagascar
- 70 Burkina Faso 5.12 billion DOD, current US$ compare
- 71 Albania 5.08 billion DOD, current US$ compare
- 72 Bosnia and Herzegovina 4.93 billion DOD, current US$ compare
- 74 Niger 4.53 billion DOD, current US$ compare
- 75 Montenegro 4.51 billion DOD, current US$ compare
- 76 Kyrgyzstan 4.22 billion DOD, current US$ compare
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 external debt stocks, public and publicly guaranteed (ppg) in Madagascar?
- External debt stocks, public and publicly guaranteed (ppg) in Madagascar was 4.77 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Madagascar?
- The highest recorded value was 4.77 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Madagascar?
- The lowest recorded value was 173.22 million DOD, current US$ in 1976.
- How does Madagascar rank for external debt stocks, public and publicly guaranteed (ppg)?
- Madagascar ranks 73rd out of 123 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Madagascar?
- Over the last ten years it is up 98.1%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, 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
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.