Public and publicly guaranteed debt service in Madagascar
Madagascar: Public and publicly guaranteed debt service was 1.2% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Madagascar, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Madagascar recorded 1.2% for public and publicly guaranteed debt service in 2024.
That represents a change of up 2.3% on the previous year and up 88.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Madagascar peaked at 6.2% in 1987 and was at its lowest, 0.2%, in 2007.
That places Madagascar 88th out of 123 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 GNI | Change |
|---|---|---|
| 1970 | 5.5% | — |
| 1971 | 5.6% | +1.7% |
| 1972 | 5.5% | -2.9% |
| 1973 | 5.1% | -6.5% |
| 1974 | 4.5% | -11.7% |
| 1975 | 2.8% | -37.4% |
| 1976 | 0.5% | -82.1% |
| 1977 | 5.8% | +1047.2% |
| 1978 | 0.7% | -88.4% |
| 1979 | 1.0% | +44.6% |
| 1980 | 1.3% | +35.9% |
| 1981 | 1.5% | +11.6% |
| 1982 | 1.8% | +21.1% |
| 1983 | 1.2% | -31.0% |
| 1984 | 1.9% | +56.6% |
| 1985 | 2.6% | +32.0% |
| 1986 | 3.3% | +28.5% |
| 1987 | 6.2% | +87.4% |
| 1988 | 5.3% | -14.6% |
| 1989 | 5.6% | +7.1% |
| 1990 | 4.1% | -27.3% |
| 1991 | 3.7% | -9.3% |
| 1992 | 2.1% | -44.6% |
| 1993 | 1.5% | -26.3% |
| 1994 | 1.5% | -1.8% |
| 1995 | 1.1% | -27.5% |
| 1996 | 1.3% | +19.3% |
| 1997 | 4.6% | +258.6% |
| 1998 | 2.5% | -45.6% |
| 1999 | 3.3% | +31.3% |
| 2000 | 2.2% | -32.8% |
| 2001 | 1.2% | -47.8% |
| 2002 | 1.1% | -3.5% |
| 2003 | 1.0% | -8.2% |
| 2004 | 1.5% | +45.6% |
| 2005 | 1.2% | -22.8% |
| 2006 | 0.9% | -20.7% |
| 2007 | 0.2% | -76.1% |
| 2008 | 0.2% | +8.9% |
| 2009 | 0.4% | +85.0% |
| 2010 | 0.5% | +23.8% |
| 2011 | 0.4% | -32.8% |
| 2012 | 0.5% | +43.8% |
| 2013 | 0.5% | -10.6% |
| 2014 | 0.6% | +29.8% |
| 2015 | 1.1% | +78.3% |
| 2016 | 0.8% | -23.4% |
| 2017 | 0.9% | +6.2% |
| 2018 | 0.8% | -15.5% |
| 2019 | 0.7% | -5.8% |
| 2020 | 0.8% | +15.5% |
| 2021 | 0.9% | +11.3% |
| 2022 | 0.9% | -0.5% |
| 2023 | 1.1% | +24.5% |
| 2024 | 1.2% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 0.5% | 5.8% | 10 |
| 1980s | 3.1% | 1.2% | 6.2% | 10 |
| 1990s | 2.6% | 1.1% | 4.6% | 10 |
| 2000s | 1.0% | 0.2% | 2.2% | 10 |
| 2010s | 0.7% | 0.4% | 1.1% | 10 |
| 2020s | 1.0% | 0.8% | 1.2% | 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)
- 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)
- Public and publicly guaranteed debt service 4.7% (2024)
- 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 1.2% 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 6.2% in 1987.
- What is the lowest public and publicly guaranteed debt service recorded in Madagascar?
- The lowest recorded value was 0.2% in 2007.
- How does Madagascar rank for public and publicly guaranteed debt service?
- Madagascar ranks 88th out of 123 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 88.2%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.