PPG, IDA in Madagascar

Madagascar: PPG, IDA was 2.65 billion DOD, current US$ in 2024. ◆ Volatile

Latest (2024)
2.65 billion DOD, current US$
Change on year
up 11.0%
World rank
19th
of 105 countries
All-time high
2.65 billion DOD, current US$
in 2024
All-time low
9.87 million DOD, current US$
in 1970
Years of data
55
1970–2024

PPG, IDA in Madagascar, 1970–2024

01.0B2.0B3.0B197019972024

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

Analysis

Madagascar recorded 2.65 billion DOD, current US$ for ppg, ida in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 11.0% on the previous year and up 94.0% over ten years.

Over the whole period, ppg, ida in Madagascar peaked at 2.65 billion DOD, current US$ in 2024 and was at its lowest, 9.87 million DOD, current US$, in 1970.

Madagascar ranks 19th of 105 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

PPG, IDA in Madagascar, year by year

Annual values for PPG, IDA (DOD, current US$) in Madagascar, 1970 to 2024.
Year DOD, current US$ Change
1970 9.87 million DOD, current US$ —
1971 12.17 million DOD, current US$ +23.3%
1972 15.47 million DOD, current US$ +27.2%
1973 27.98 million DOD, current US$ +80.8%
1974 40.10 million DOD, current US$ +43.3%
1975 54.20 million DOD, current US$ +35.2%
1976 67.75 million DOD, current US$ +25.0%
1977 76.51 million DOD, current US$ +12.9%
1978 85.00 million DOD, current US$ +11.1%
1979 97.41 million DOD, current US$ +14.6%
1980 121.93 million DOD, current US$ +25.2%
1981 154.55 million DOD, current US$ +26.7%
1982 187.43 million DOD, current US$ +21.3%
1983 223.27 million DOD, current US$ +19.1%
1984 251.04 million DOD, current US$ +12.4%
1985 315.60 million DOD, current US$ +25.7%
1986 422.27 million DOD, current US$ +33.8%
1987 550.05 million DOD, current US$ +30.3%
1988 606.62 million DOD, current US$ +10.3%
1989 669.94 million DOD, current US$ +10.4%
1990 770.16 million DOD, current US$ +15.0%
1991 880.56 million DOD, current US$ +14.3%
1992 887.07 million DOD, current US$ +0.7%
1993 931.60 million DOD, current US$ +5.0%
1994 1.02 billion DOD, current US$ +9.6%
1995 1.11 billion DOD, current US$ +8.7%
1996 1.15 billion DOD, current US$ +3.3%
1997 1.21 billion DOD, current US$ +5.7%
1998 1.32 billion DOD, current US$ +8.7%
1999 1.36 billion DOD, current US$ +3.3%
2000 1.38 billion DOD, current US$ +1.3%
2001 1.41 billion DOD, current US$ +2.2%
2002 1.65 billion DOD, current US$ +17.3%
2003 1.98 billion DOD, current US$ +19.5%
2004 2.27 billion DOD, current US$ +14.9%
2005 2.30 billion DOD, current US$ +1.3%
2006 636.05 million DOD, current US$ -72.3%
2007 864.94 million DOD, current US$ +36.0%
2008 1.07 billion DOD, current US$ +23.3%
2009 1.10 billion DOD, current US$ +3.6%
2010 1.16 billion DOD, current US$ +5.1%
2011 1.20 billion DOD, current US$ +3.2%
2012 1.25 billion DOD, current US$ +4.0%
2013 1.33 billion DOD, current US$ +6.7%
2014 1.37 billion DOD, current US$ +2.7%
2015 1.41 billion DOD, current US$ +3.4%
2016 1.43 billion DOD, current US$ +1.5%
2017 1.59 billion DOD, current US$ +11.3%
2018 1.65 billion DOD, current US$ +3.3%
2019 1.69 billion DOD, current US$ +2.3%
2020 1.87 billion DOD, current US$ +11.1%
2021 2.01 billion DOD, current US$ +7.3%
2022 2.04 billion DOD, current US$ +1.6%
2023 2.39 billion DOD, current US$ +16.9%
2024 2.65 billion DOD, current US$ +11.0%

Madagascar compared with similar countries

  • Madagascar's 2.65 billion DOD, current US$ is above the median for low income countries, which is 929.17 million DOD, current US$, 2.9× the median. (23 countries reporting)
  • Madagascar's 2.65 billion DOD, current US$ is above the median for Sub-Saharan Africa, which is 748.14 million DOD, current US$, 3.5× the median. (42 countries reporting)

Biggest year-on-year movements

Years where PPG, IDA 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
2006 -72.3% 2.30 billion DOD, current US$ 636.05 million DOD, current US$
1973 +80.8% 15.47 million DOD, current US$ 27.98 million DOD, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 48.64 million DOD, current US$ 9.87 million DOD, current US$ 97.41 million DOD, current US$ 10
1980s 350.27 million DOD, current US$ 121.93 million DOD, current US$ 669.94 million DOD, current US$ 10
1990s 1.06 billion DOD, current US$ 770.16 million DOD, current US$ 1.36 billion DOD, current US$ 10
2000s 1.47 billion DOD, current US$ 636.05 million DOD, current US$ 2.30 billion DOD, current US$ 10
2010s 1.41 billion DOD, current US$ 1.16 billion DOD, current US$ 1.69 billion DOD, current US$ 10
2020s 2.19 billion DOD, current US$ 1.87 billion DOD, current US$ 2.65 billion DOD, current US$ 5

Countries ranked near Madagascar

  1. 16 Sri Lanka 3.57 billion DOD, current US$ compare
  2. 17 Democratic Republic of Congo 3.45 billion DOD, current US$ compare
  3. 18 Mozambique 2.92 billion DOD, current US$ compare
  4. 20 Burkina Faso 2.62 billion DOD, current US$ compare
  5. 21 Zambia 2.51 billion DOD, current US$ compare
  6. 22 Niger 2.43 billion DOD, current US$ compare

See the full ranking of 117 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is ppg, ida in Madagascar?
Ppg, ida in Madagascar was 2.65 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, ida recorded in Madagascar?
The highest recorded value was 2.65 billion DOD, current US$ in 2024.
What is the lowest ppg, ida recorded in Madagascar?
The lowest recorded value was 9.87 million DOD, current US$ in 1970.
How does Madagascar rank for ppg, ida?
Madagascar ranks 19th out of 105 countries with data for 2024.
Is ppg, ida rising or falling in Madagascar?
Over the last ten years it is up 94.0%. 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 PPG, IDA (DOD, current US$). Statizoid updates them automatically from the source API.

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PPG, IDA in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/ppg-ida-dod-current-us/madagascar/

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About this data

Indicator
PPG, IDA (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 5,380 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.