External debt stocks, short-term in Madagascar

Madagascar: External debt stocks, short-term was 101.61 million DOD, current US$ in 2024. ◆ Volatile

Latest (2024)
101.61 million DOD, current US$
Change on year
down 20.9%
World rank
96th
of 122 countries
All-time high
799.18 million DOD, current US$
in 2007
All-time low
0 DOD, current US$
in 1973
Years of data
52
1973–2024

External debt stocks, short-term in Madagascar, 1973–2024

0200.0M400.0M600.0M800.0M197319982024

Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.

Analysis

In 2024, external debt stocks, short-term in Madagascar stood at 101.61 million DOD, current US$.

Compared with earlier readings it is down 20.9% on the previous year and down 64.4% 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 96th out of 122 countries with data for 2024, 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 in Madagascar, year by year

Annual values for External debt stocks, short-term (DOD, current US$) in Madagascar, 1973 to 2024.
Year DOD, current US$ 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%

Madagascar compared with similar countries

  • Madagascar's 101.61 million DOD, current US$ is below the median for low income countries, which is 126.47 million DOD, current US$, 80% of the median. (23 countries reporting)
  • Madagascar's 101.61 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 364.71 million DOD, current US$, 28% of the median. (44 countries reporting)

Biggest year-on-year movements

Years where External debt stocks, short-term 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 +42211.0% 109,000 DOD, current US$ 46.12 million DOD, current US$
1979 +261.6% 45.15 million DOD, current US$ 163.28 million DOD, current US$
2007 +262.2% 220.62 million DOD, current US$ 799.18 million DOD, current US$

Averages by decade

DecadeAverage LowestHighest 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 182.54 million DOD, current US$ 101.61 million DOD, current US$ 273.02 million DOD, current US$ 5

Countries ranked near Madagascar

  1. 93 Central African Republic 126.47 million DOD, current US$ compare
  2. 94 Papua New Guinea 121.14 million DOD, current US$ compare
  3. 95 Vanuatu 114.91 million DOD, current US$ compare
  4. 97 Saint Lucia 79.53 million DOD, current US$ compare
  5. 98 Malawi 75.41 million DOD, current US$ compare
  6. 99 Eswatini 69.86 million DOD, current US$ 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, short-term in Madagascar?
External debt stocks, short-term in Madagascar was 101.61 million DOD, current US$ in 2024, 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 96th out of 122 countries with data for 2024.
Is external debt stocks, short-term rising or falling in Madagascar?
Over the last ten years it is down 64.4%. 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.

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External debt stocks, short-term in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/external-debt-stocks-short-term-dod-current-us/madagascar/

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About this data

Indicator
External debt stocks, short-term (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,282 data points, 1970–2024
Last refreshed

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.