External borrowing, net in Madagascar
Madagascar: External borrowing, net was 387.78 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Madagascar, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, external borrowing, net in Madagascar stood at 387.78 billion current LCU.
Compared with earlier readings it is up 116.6% on the previous year and up 204.4% over ten years.
Over the whole period, external borrowing, net in Madagascar peaked at 518.18 billion current LCU in 2006 and was at its lowest, 7.32 billion current LCU, in 1984.
Madagascar ranks 8th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 7.32 billion current LCU | — |
| 1985 | 9.60 billion current LCU | +31.1% |
| 1986 | 10.28 billion current LCU | +7.1% |
| 1987 | 20.00 billion current LCU | +94.6% |
| 1988 | 26.92 billion current LCU | +34.6% |
| 1989 | 37.04 billion current LCU | +37.6% |
| 1990 | 19.44 billion current LCU | -47.5% |
| 1991 | 38.14 billion current LCU | +96.2% |
| 1992 | 30.30 billion current LCU | -20.6% |
| 1993 | 37.14 billion current LCU | +22.6% |
| 1994 | 30.87 billion current LCU | -16.9% |
| 1995 | 50.18 billion current LCU | +62.5% |
| 1996 | 161.02 billion current LCU | +220.9% |
| 1997 | 138.46 billion current LCU | -14.0% |
| 1998 | 75.88 billion current LCU | -45.2% |
| 1999 | 56.98 billion current LCU | -24.9% |
| 2000 | 140.94 billion current LCU | +147.4% |
| 2001 | 127.39 billion current LCU | -9.6% |
| 2002 | 218.83 billion current LCU | +71.8% |
| 2003 | 191.57 billion current LCU | -12.5% |
| 2004 | 401.15 billion current LCU | +109.4% |
| 2005 | 389.74 billion current LCU | -2.8% |
| 2006 | 518.18 billion current LCU | +33.0% |
| 2007 | 307.30 billion current LCU | -40.7% |
| 2008 | 478.30 billion current LCU | +55.6% |
| 2009 | 123.10 billion current LCU | -74.3% |
| 2010 | 179.00 billion current LCU | +45.4% |
| 2011 | 387.78 billion current LCU | +116.6% |
Madagascar compared with similar countries
- Madagascar's 387.78 billion current LCU is above the median for low income countries, which is 21.58 billion current LCU, 18.0× the median. (18 countries reporting)
- Madagascar's 387.78 billion current LCU is above the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 41.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.53 billion current LCU | 7.32 billion current LCU | 37.04 billion current LCU | 6 |
| 1990s | 63.84 billion current LCU | 19.44 billion current LCU | 161.02 billion current LCU | 10 |
| 2000s | 289.65 billion current LCU | 123.10 billion current LCU | 518.18 billion current LCU | 10 |
| 2010s | 283.39 billion current LCU | 179.00 billion current LCU | 387.78 billion current LCU | 2 |
Countries ranked near Madagascar
More science & technology data for Madagascar
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile landline subscriptions, gaps filled 75.46 (2023)
- Mobile cellular subscriptions by country, per capita 0.7546 units per person (2023)
- Mobile cellular subscriptions by country, per unit of GDP 0.0015 units per US$ of GDP (2023)
- Mobile cellular subscriptions by country, gaps filled 23.54 million (2023)
- Mobile cellular subscriptions by country, per square kilometre 40.46 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 16.54 % change on previous year (2023)
- Mobile cellular subscriptions by country, annual growth rate 19.44 % change on previous year (2023)
- Scientific and technical journal articles 153.44 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Madagascar?
- External borrowing, net in Madagascar was 387.78 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Madagascar?
- The highest recorded value was 518.18 billion current LCU in 2006.
- What is the lowest external borrowing, net recorded in Madagascar?
- The lowest recorded value was 7.32 billion current LCU in 1984.
- How does Madagascar rank for external borrowing, net?
- Madagascar ranks 8th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Madagascar?
- Over the last ten years it is up 204.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.