Primary net lending (+) / net borrowing (-), General government in Madagascar

Madagascar: Primary net lending (+) / net borrowing (-), General government was -2.87 in 2030. ◆ Volatile

Latest (2030)
-2.87
Change on year
up 3.0%
World rank
164th
of 188 countries
All-time high
0.5322
in 1997
All-time low
-4.91
in 2022
Years of data
40
1991–2030

Primary net lending (+) / net borrowing (-), General government in Madagascar, 1991–2030

-4-201991201020301991: -2.71992: -2.21993: -31994: -2.71995: -0.8861996: -0.181997: 0.5321998: -31999: -0.5872000: -0.3982001: -22002: -2.32003: -1.42004: -1.72005: -0.2032006: -3.62007: -1.32008: -12009: -1.62010: -0.0512011: -1.32012: -1.62013: -2.82014: -1.52015: -2.22016: -0.3682017: -1.42018: -0.5692019: -0.7232020: -3.22021: -2.22022: -4.92023: -3.52024: -1.92025: -2.92026: -32027: -32028: -32029: -32030: -2.9

Source: International Monetary Fund.

Analysis

In 2030, primary net lending (+) / net borrowing (-), general government in Madagascar stood at -2.87.

The figure is up 3.0% on the previous year and up 11.0% over ten years.

Over the whole period, primary net lending (+) / net borrowing (-), general government in Madagascar peaked at 0.5322 in 1997 and was at its lowest, -4.91, in 2022.

That places Madagascar 164th out of 188 countries with data for 2030, putting it in the bottom quarter.

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

Primary net lending (+) / net borrowing (-), General government in Madagascar, year by year

Annual values for Primary net lending (+) / net borrowing (-), General government, Percent of GDP in Madagascar, 1991 to 2030.
Year Value Change
1991 -2.73
1992 -2.24 -18.2%
1993 -3.02 +34.9%
1994 -2.68 -11.2%
1995 -0.8858 -66.9%
1996 -0.1802 -79.7%
1997 0.5322 -395.3%
1998 -3 -662.9%
1999 -0.5874 -80.4%
2000 -0.3982 -32.2%
2001 -1.96 +392.9%
2002 -2.29 +16.6%
2003 -1.42 -38.0%
2004 -1.7 +19.9%
2005 -0.2032 -88.1%
2006 -3.63 +1687.9%
2007 -1.33 -63.3%
2008 -1.03 -22.9%
2009 -1.58 +53.5%
2010 -0.0515 -96.7%
2011 -1.32 +2455.6%
2012 -1.63 +23.7%
2013 -2.82 +73.6%
2014 -1.49 -47.3%
2015 -2.16 +44.8%
2016 -0.3678 -82.9%
2017 -1.41 +282.7%
2018 -0.5689 -59.6%
2019 -0.7232 +27.1%
2020 -3.23 +346.0%
2021 -2.18 -32.3%
2022 -4.91 +124.8%
2023 -3.49 -28.9%
2024 -1.85 -46.9%
2025 -2.91 +56.8%
2026 -2.97 +2.1%
2027 -3 +1.1%
2028 -3.01 +0.4%
2029 -2.96 -1.7%
2030 -2.87 -3.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.64 -3.02 0.5322 9
2000s -1.55 -3.63 -0.2032 10
2010s -1.25 -2.82 -0.0515 10
2020s -3.05 -4.91 -1.85 10
2030s -2.87 -2.87 -2.87 1

Countries ranked near Madagascar

  1. 161 Bangladesh -2.6 compare
  2. 162 Tunisia -2.7 compare
  3. 163 Latvia -2.74 compare
  4. 165 France -2.94 compare
  5. 166 Cambodia -2.97 compare
  6. 167 Czechia -3.13 compare

See the full ranking of 206 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is primary net lending (+) / net borrowing (-), general government in Madagascar?
Primary net lending (+) / net borrowing (-), general government in Madagascar was -2.87 in 2030, according to International Monetary Fund.
What is the highest primary net lending (+) / net borrowing (-), general government recorded in Madagascar?
The highest recorded value was 0.5322 in 1997.
What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Madagascar?
The lowest recorded value was -4.91 in 2022.
How does Madagascar rank for primary net lending (+) / net borrowing (-), general government?
Madagascar ranks 164th out of 188 countries with data for 2030.
Is primary net lending (+) / net borrowing (-), general government rising or falling in Madagascar?
Over the last ten years it is up 11.0%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, published as part of Primary net lending (+) / net borrowing (-), General government, Percent of GDP. Statizoid updates them automatically from the source API.

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Primary net lending (+) / net borrowing (-), General government in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://debt.statizoid.com/stat/primary-net-lending-net-borrowing-general-government-percent-of-gdp/madagascar/

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About this data

Indicator
Primary net lending (+) / net borrowing (-), General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 7,312 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October