Public and publicly guaranteed debt service in Madagascar
Madagascar: Public and publicly guaranteed debt service was 4.7% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Madagascar, 1974–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Madagascar recorded 4.7% for public and publicly guaranteed debt service in 2024.
Compared with earlier readings it is up 17.1% on the previous year and up 123.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Madagascar peaked at 43.4% in 1987 and was at its lowest, 0.8%, in 2007.
That places Madagascar 79th out of 120 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Madagascar, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 29.9% | — |
| 1975 | 16.6% | -44.5% |
| 1976 | 3.3% | -80.2% |
| 1977 | 35.3% | +973.1% |
| 1978 | 4.1% | -88.5% |
| 1979 | 6.9% | +69.5% |
| 1980 | 13.2% | +92.0% |
| 1981 | 17.4% | +31.9% |
| 1982 | 22.0% | +26.5% |
| 1983 | 15.8% | -28.2% |
| 1984 | 18.5% | +16.7% |
| 1985 | 26.6% | +43.9% |
| 1986 | 34.2% | +28.8% |
| 1987 | 43.4% | +26.9% |
| 1988 | 38.1% | -12.3% |
| 1989 | 35.7% | -6.2% |
| 1990 | 31.9% | -10.8% |
| 1991 | 23.6% | -25.9% |
| 1992 | 14.5% | -38.4% |
| 1993 | 11.3% | -22.0% |
| 1994 | 7.6% | -32.6% |
| 1995 | 5.3% | -31.2% |
| 1996 | 7.8% | +48.9% |
| 1997 | 29.3% | +273.7% |
| 1998 | 15.7% | -46.5% |
| 1999 | 18.7% | +19.4% |
| 2000 | 12.1% | -35.4% |
| 2001 | 6.0% | -50.4% |
| 2002 | 5.2% | -13.6% |
| 2003 | 7.8% | +51.4% |
| 2004 | 8.0% | +2.6% |
| 2005 | 4.9% | -38.6% |
| 2006 | 3.4% | -30.1% |
| 2007 | 0.8% | -76.7% |
| 2008 | 0.9% | +16.1% |
| 2009 | 2.1% | +124.5% |
| 2010 | 2.4% | +15.6% |
| 2011 | 1.5% | -37.7% |
| 2012 | 2.0% | +35.3% |
| 2013 | 1.8% | -12.6% |
| 2014 | 2.1% | +17.2% |
| 2015 | 3.8% | +80.2% |
| 2016 | 2.8% | -25.5% |
| 2017 | 2.7% | -2.6% |
| 2018 | 2.3% | -17.4% |
| 2019 | 2.3% | +3.6% |
| 2020 | 3.9% | +68.6% |
| 2021 | 3.8% | -4.2% |
| 2022 | 2.9% | -24.1% |
| 2023 | 4.0% | +39.4% |
| 2024 | 4.7% | +17.1% |
Madagascar compared with similar countries
- Madagascar's 4.7% is below the median for low income countries, which is 5.2%, 89% of the median. (21 countries reporting)
- Madagascar's 4.7% is below the median for Sub-Saharan Africa, which is 5.7%, 83% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service 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 | +973.1% | 3.3% | 35.3% |
| 1997 | +273.7% | 7.8% | 29.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.0% | 3.3% | 35.3% | 6 |
| 1980s | 26.5% | 13.2% | 43.4% | 10 |
| 1990s | 16.6% | 5.3% | 31.9% | 10 |
| 2000s | 5.1% | 0.8% | 12.1% | 10 |
| 2010s | 2.4% | 1.5% | 3.8% | 10 |
| 2020s | 3.9% | 2.9% | 4.7% | 5 |
Countries ranked near Madagascar
More external debt data for Madagascar
- IFC, private nonguaranteed 36.33 million NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA 334.13 million NFL, current US$ (2024)
- 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, IBRD 0 NFL, current US$ (2000)
- Net financial flows, IDA (NFL, current US$), per square kilometre 565.13 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Madagascar?
- Public and publicly guaranteed debt service in Madagascar was 4.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Madagascar?
- The highest recorded value was 43.4% in 1987.
- What is the lowest public and publicly guaranteed debt service recorded in Madagascar?
- The lowest recorded value was 0.8% in 2007.
- How does Madagascar rank for public and publicly guaranteed debt service?
- Madagascar ranks 79th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Madagascar?
- Over the last ten years it is up 123.9%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.