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Madagascar · Government debt

Madagascar Government debt

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31

Latest · 202547.75%
Previous · 202449.81%
Highest · 1998108.46%
Lowest · 200728.21%

Madagascar's government debt stands at 47.75% as of 2025-12-31, down from 49.81% in 2024. Historical data runs from 1996 to 2025 (30 observations).

Recent trend

In 2025, Madagascar's government debt was 47.75%, down from 49.81% in 2024.

In 2024, Madagascar's government debt was 49.81%, down from 52.15% in 2023.

In 2023, Madagascar's government debt was 52.15%, up from 49.84% in 2022.

In 2022, Madagascar's government debt was 49.84%, up from 49.44% in 2021.

In 2021, Madagascar's government debt was 49.44%, down from 52.87% in 2020.

Madagascar Government debt — historical data

YearValueChange
202547.75%-2.06%
202449.81%-2.34%
202352.15%+2.31%
202249.84%+0.3959%
202149.44%-3.43%
202052.87%+11.62%
201941.25%-1.64%
201842.9%+2.77%
201740.13%-0.1507%
201640.28%-3.78%
201544.06%+6.21%
201437.85%+1.61%
201336.24%+5.81%
201230.44%+0.4883%
201129.95%-2.39%
201032.34%-2.52%
200934.86%+3.85%
200831.01%+2.8%
200728.21%-4.02%
200632.23%-42.14%
200574.37%-7.53%
200481.9%-3.97%
200385.86%-0.8308%
200286.69%+4.55%
200182.14%-8.07%
200090.21%-13.9%
1999104.11%-4.34%
1998108.46%+18.72%
199789.74%-8.98%
199698.72%—

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Madagascar's government debt?

Madagascar's government debt is 47.75% as of 2025-12-31, compared with 49.81% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).

What was the highest government debt in Madagascar?

The highest recorded value is 108.46% (1998); the lowest is 28.21% (2007), across data from 1996 to 2025.

Where does this data come from?

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.