Madagascar recorded a Government Debt to GDP of 44.80 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Madagascar

Government Debt to GDP in Madagascar averaged 47.14 percent of GDP from 2000 until 2020, reaching an all time high of 111.88 percent of GDP in 2000 and a record low of 24.30 percent of GDP in 2008. This page provides the latest reported value for - Madagascar Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Madagascar is expected to reach 45.00 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 Debt to GDP is projected to trend around 43.00 percent of GDP in 2022 and 44.00 percent of GDP in 2023, according to our econometric models.

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Madagascar Government Debt to GDP


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 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.