Gross debt, General government, Percent of GDP (Gross Percent GDP) in Madagascar
Madagascar: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 49.54 in 2030. ▼ Falling
Gross debt, General government, Percent of GDP in Madagascar, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Madagascar stood at 49.54.
That represents a change of down 4.1% on the previous year and down 6.3% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Madagascar peaked at 113.83 in 1991 and was at its lowest, 28.21, in 2007.
Madagascar ranks 101st of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 40 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 113.83 | — |
| 1992 | 110.88 | -2.6% |
| 1993 | 105.19 | -5.1% |
| 1994 | 95.96 | -8.8% |
| 1995 | 95.84 | -0.1% |
| 1996 | 98.72 | +3.0% |
| 1997 | 89.74 | -9.1% |
| 1998 | 108.46 | +20.9% |
| 1999 | 104.11 | -4.0% |
| 2000 | 90.21 | -13.4% |
| 2001 | 82.14 | -8.9% |
| 2002 | 86.69 | +5.5% |
| 2003 | 85.86 | -1.0% |
| 2004 | 81.9 | -4.6% |
| 2005 | 74.37 | -9.2% |
| 2006 | 32.23 | -56.7% |
| 2007 | 28.21 | -12.5% |
| 2008 | 31.01 | +9.9% |
| 2009 | 34.86 | +12.4% |
| 2010 | 32.34 | -7.2% |
| 2011 | 29.95 | -7.4% |
| 2012 | 30.44 | +1.6% |
| 2013 | 36.24 | +19.1% |
| 2014 | 37.85 | +4.4% |
| 2015 | 44.06 | +16.4% |
| 2016 | 40.28 | -8.6% |
| 2017 | 40.13 | -0.4% |
| 2018 | 42.9 | +6.9% |
| 2019 | 41.25 | -3.8% |
| 2020 | 52.87 | +28.2% |
| 2021 | 49.44 | -6.5% |
| 2022 | 49.89 | +0.9% |
| 2023 | 52.66 | +5.6% |
| 2024 | 50.33 | -4.4% |
| 2025 | 49.75 | -1.2% |
| 2026 | 50.95 | +2.4% |
| 2027 | 51.37 | +0.8% |
| 2028 | 51.58 | +0.4% |
| 2029 | 51.66 | +0.2% |
| 2030 | 49.54 | -4.1% |
Madagascar compared with similar countries
- Madagascar's 49.54 is above the median for low income countries, which is 48, 1.0× the median. (23 countries reporting)
- Madagascar's 49.54 is above the median for Sub-Saharan Africa, which is 49.18, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross debt, General government, Percent of GDP (Gross Percent GDP) 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 |
|---|---|---|---|
| 2006 | -56.7% | 74.37 | 32.23 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 102.53 | 89.74 | 113.83 | 9 |
| 2000s | 62.75 | 28.21 | 90.21 | 10 |
| 2010s | 37.54 | 29.95 | 44.06 | 10 |
| 2020s | 51.05 | 49.44 | 52.87 | 10 |
| 2030s | 49.54 | 49.54 | 49.54 | 1 |
Countries ranked near Madagascar
- 98 Yemen 51.95 compare
- 99 Burkina Faso 49.82 compare
- 100 Gambia 49.66 compare
- 102 Australia 49.36 compare
- 103 Cote d'Ivoire 49.18 compare
- 104 Netherlands 48.55 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 gross debt, general government, percent of gdp in Madagascar?
- Gross debt, general government, percent of gdp in Madagascar was 49.54 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Madagascar?
- The highest recorded value was 113.83 in 1991.
- What is the lowest gross debt, general government, percent of gdp recorded in Madagascar?
- The lowest recorded value was 28.21 in 2007.
- How does Madagascar rank for gross debt, general government, percent of gdp?
- Madagascar ranks 101st out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Madagascar?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October