Madagascar recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2019.
Government Budget in Madagascar averaged -2.68 percent of GDP from 2000 until 2019, reaching an all time high of -0.39 percent of GDP in 2006 and a record low of -4.65 percent of GDP in 2005. This page provides - Madagascar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Government Budget - values, historical data and charts - was last updated on May of 2020.
Government Budget in Madagascar is expected to reach -5.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Budget is projected to trend around -2.80 percent of GDP in 2021 and -2.30 percent of GDP in 2022, according to our econometric models.