Madagascar recorded a government debt equivalent to 35.10 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Madagascar averaged 48.70 percent from 2000 until 2018, reaching an all time high of 111.88 percent in 2000 and a record low of 24.30 percent in 2008.

Government Debt to GDP in Madagascar is expected to be 37.00 percent by the end of this quarter, 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 38.00 percent in 2020, according to our econometric models.


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Madagascar Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
35.10 41.90 111.88 24.30 2000 - 2018 percent Yearly


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.

Madagascar Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.10 41.90 111.88 24.30 percent [+]
Government Budget -2.30 -2.40 -0.39 -4.65 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 72.90 66.90 133.00 42.80 USD Million [+]