Madagascar recorded a government debt equivalent to 30.10 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Madagascar averaged 46.81 percent from 2000 until 2019, reaching an all time high of 111.88 percent in 2000 and a record low of 24.30 percent in 2008. This page provides the latest reported value for - Madagascar Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Madagascar is expected to reach 40.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Debt to GDP is projected to trend around 37.00 percent in 2021 and 33.00 percent in 2022, according to our econometric models.

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Madagascar Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
30.10 30.30 111.88 24.30 2000 - 2019 percent Yearly

Madagascar Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.10 30.30 111.88 24.30 percent [+]
Government Budget -2.40 -1.50 -0.39 -4.65 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 72.90 66.90 133.00 42.80 USD Million [+]


Madagascar Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.