Government Budget in Madagascar increased to -1.40 percent of GDP in 2019 from -1.50 percent of GDP in 2018. source: Central Bank of Madagascar

Government Budget in Madagascar averaged -2.63 percent of GDP from 2000 until 2019, 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. 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 October of 2021.

Government Budget in Madagascar is expected to reach -5.70 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Budget is projected to trend around -4.50 percent of GDP in 2022 and -2.60 percent of GDP in 2023, according to our econometric models.

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Madagascar Government Budget


Madagascar Last Unit Reference Previous Highest Lowest
Government Debt to GDP 44.80 percent of GDP Dec/20 38.70 111.88 24.30
Government Budget -6.30 percent of GDP Dec/20 -1.40 -0.39 -6.30


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.