Madagascar recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2024. Government Budget in Madagascar averaged -2.89 percent of GDP from 2000 until 2024, 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. source: Central Bank of Madagascar
Government Budget in Madagascar is expected to reach -4.10 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Budget is projected to trend around -4.00 percent of GDP in 2026 and -3.90 percent of GDP in 2027, according to our econometric models.