Madagascar recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Madagascar averaged -2.79 percent of GDP from 2000 until 2017, 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.

Madagascar Government Budget
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Madagascar Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 38.70 111.88 24.30 percent [+]
Government Budget -2.90 -3.20 -0.39 -4.65 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 61.00 59.40 119.70 38.50 USD Million [+]

Madagascar Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Madagascar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.90 -3.20 -0.39 -4.65 2000 - 2017 percent of GDP Yearly

Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17