External debt stocks, short-term (DOD, current US$) in Madagascar
Madagascar: External debt stocks, short-term (DOD, current US$) was 130.34 million DOD, current US$ in 2025. ◆ Volatile
Latest (2025)
130.34 million DOD, current US$
Change on year
up 28.3%
World rank
93rd
of 123 countries
All-time high
799.18 million DOD, current US$
in 2007
All-time low
0 DOD, current US$
in 1973
Years of data
53
1973–2025
External debt stocks, short-term in Madagascar, 1973–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2025, external debt stocks, short-term in Madagascar stood at 130.34 million DOD, current US$.
Compared with earlier readings it is up 28.3% on the previous year and down 36.1% over ten years.
Over the whole period, external debt stocks, short-term in Madagascar peaked at 799.18 million DOD, current US$ in 2007 and was at its lowest, 0 DOD, current US$, in 1973.
That places Madagascar 93rd out of 123 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term (DOD, current US$) in Madagascar, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1973 | 0 DOD, current US$ | — |
| 1974 | 109,000 DOD, current US$ | — |
| 1975 | 113,905 DOD, current US$ | +4.5% |
| 1976 | 109,000 DOD, current US$ | -4.3% |
| 1977 | 46.12 million DOD, current US$ | +42211.0% |
| 1978 | 45.15 million DOD, current US$ | -2.1% |
| 1979 | 163.28 million DOD, current US$ | +261.6% |
| 1980 | 243.63 million DOD, current US$ | +49.2% |
| 1981 | 92.14 million DOD, current US$ | -62.2% |
| 1982 | 102.49 million DOD, current US$ | +11.2% |
| 1983 | 178.99 million DOD, current US$ | +74.6% |
| 1984 | 114.09 million DOD, current US$ | -36.3% |
| 1985 | 118.31 million DOD, current US$ | +3.7% |
| 1986 | 165.71 million DOD, current US$ | +40.1% |
| 1987 | 142.10 million DOD, current US$ | -14.2% |
| 1988 | 159.63 million DOD, current US$ | +12.3% |
| 1989 | 123.58 million DOD, current US$ | -22.6% |
| 1990 | 222.73 million DOD, current US$ | +80.2% |
| 1991 | 262.57 million DOD, current US$ | +17.9% |
| 1992 | 336.33 million DOD, current US$ | +28.1% |
| 1993 | 396.45 million DOD, current US$ | +17.9% |
| 1994 | 474.31 million DOD, current US$ | +19.6% |
| 1995 | 543.67 million DOD, current US$ | +14.6% |
| 1996 | 520.75 million DOD, current US$ | -4.2% |
| 1997 | 164.44 million DOD, current US$ | -68.4% |
| 1998 | 229.58 million DOD, current US$ | +39.6% |
| 1999 | 323.57 million DOD, current US$ | +40.9% |
| 2000 | 301.43 million DOD, current US$ | -6.8% |
| 2001 | 239.19 million DOD, current US$ | -20.6% |
| 2002 | 231.44 million DOD, current US$ | -3.2% |
| 2003 | 156.39 million DOD, current US$ | -32.4% |
| 2004 | 75.78 million DOD, current US$ | -51.5% |
| 2005 | 98.84 million DOD, current US$ | +30.4% |
| 2006 | 220.62 million DOD, current US$ | +123.2% |
| 2007 | 799.18 million DOD, current US$ | +262.2% |
| 2008 | 612.87 million DOD, current US$ | -23.3% |
| 2009 | 648.67 million DOD, current US$ | +5.8% |
| 2010 | 424.51 million DOD, current US$ | -34.6% |
| 2011 | 430.38 million DOD, current US$ | +1.4% |
| 2012 | 468.32 million DOD, current US$ | +8.8% |
| 2013 | 345.04 million DOD, current US$ | -26.3% |
| 2014 | 285.70 million DOD, current US$ | -17.2% |
| 2015 | 203.96 million DOD, current US$ | -28.6% |
| 2016 | 204.44 million DOD, current US$ | +0.2% |
| 2017 | 176.99 million DOD, current US$ | -13.4% |
| 2018 | 270.66 million DOD, current US$ | +52.9% |
| 2019 | 281.29 million DOD, current US$ | +3.9% |
| 2020 | 273.02 million DOD, current US$ | -2.9% |
| 2021 | 229.98 million DOD, current US$ | -15.8% |
| 2022 | 179.62 million DOD, current US$ | -21.9% |
| 2023 | 128.46 million DOD, current US$ | -28.5% |
| 2024 | 101.61 million DOD, current US$ | -20.9% |
| 2025 | 130.34 million DOD, current US$ | +28.3% |
Madagascar compared with similar countries
- Madagascar's 130.34 million DOD, current US$ is above the median for low income countries, which is 126.47 million DOD, current US$, 1.0× the median. (23 countries reporting)
- Madagascar's 130.34 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 364.71 million DOD, current US$, 36% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term (DOD, current US$) 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 | +42211.0% | 109,000 DOD, current US$ | 46.12 million DOD, current US$ |
| 2007 | +262.2% | 220.62 million DOD, current US$ | 799.18 million DOD, current US$ |
| 1979 | +261.6% | 45.15 million DOD, current US$ | 163.28 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.41 million DOD, current US$ | 0 DOD, current US$ | 163.28 million DOD, current US$ | 7 |
| 1980s | 144.07 million DOD, current US$ | 92.14 million DOD, current US$ | 243.63 million DOD, current US$ | 10 |
| 1990s | 347.44 million DOD, current US$ | 164.44 million DOD, current US$ | 543.67 million DOD, current US$ | 10 |
| 2000s | 338.44 million DOD, current US$ | 75.78 million DOD, current US$ | 799.18 million DOD, current US$ | 10 |
| 2010s | 309.13 million DOD, current US$ | 176.99 million DOD, current US$ | 468.32 million DOD, current US$ | 10 |
| 2020s | 173.84 million DOD, current US$ | 101.61 million DOD, current US$ | 273.02 million DOD, current US$ | 6 |
Countries ranked near Madagascar
- 90 Dominica 176.45 million DOD, current US$ compare
- 91 Sierra Leone 156.37 million DOD, current US$ compare
- 92 Central African Republic 131.29 million DOD, current US$ compare
- 94 Botswana 115.32 million DOD, current US$ compare
- 95 Gambia 112.06 million DOD, current US$ compare
- 96 Vanuatu 92.16 million DOD, current US$ compare
More external debt data for Madagascar
- Net financial flows, IBRD 0 NFL, current US$ (2000)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 565.13 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 1.48 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 5.67 billion DOD, current US$ (2025)
- External debt stocks, long-term 6.15 billion DOD, current US$ (2025)
Frequently asked questions
- What is external debt stocks, short-term in Madagascar?
- External debt stocks, short-term in Madagascar was 130.34 million DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Madagascar?
- The highest recorded value was 799.18 million DOD, current US$ in 2007.
- What is the lowest external debt stocks, short-term recorded in Madagascar?
- The lowest recorded value was 0 DOD, current US$ in 1973.
- How does Madagascar rank for external debt stocks, short-term?
- Madagascar ranks 93rd out of 123 countries with data for 2025.
- Is external debt stocks, short-term rising or falling in Madagascar?
- Over the last ten years it is down 36.1%. 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, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.