Madagascar recorded a Government Budget deficit equal to 5.40 percent of the country's Gross Domestic Product in 2021. source: Central Bank of Madagascar
Government Budget in Madagascar averaged -2.82 percent of GDP from 2000 until 2021, reaching an all time high of -0.39 percent of GDP in 2006 and a record low of -5.40 percent of GDP in 2021. 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 December of 2022.
Government Budget in Madagascar is expected to reach -7.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Budget is projected to trend around -6.20 percent of GDP in 2023 and -4.50 percent of GDP in 2024, according to our econometric models.