Overall budget balance, including grants in Madagascar
Madagascar: Overall budget balance, including grants was -1.70 trillion current LCU in 2011. ◆ Volatile
Overall budget balance, including grants in Madagascar, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Madagascar recorded -1.70 trillion current LCU for overall budget balance, including grants in 2011. That is the lowest value across all 28 years on record.
That represents a change of down 152.6% on the previous year and down 319.3% over ten years.
Over the whole period, overall budget balance, including grants in Madagascar peaked at -11.03 billion current LCU in 1984 and was at its lowest, -1.70 trillion current LCU, in 2011.
That places Madagascar 47th out of 51 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Overall budget balance, including grants in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | -11.03 billion current LCU | — |
| 1985 | -14.75 billion current LCU | +33.6% |
| 1986 | -15.37 billion current LCU | +4.2% |
| 1987 | -18.48 billion current LCU | +20.2% |
| 1988 | -22.92 billion current LCU | +24.1% |
| 1989 | -62.78 billion current LCU | +173.9% |
| 1990 | -41.86 billion current LCU | -33.3% |
| 1991 | -77.24 billion current LCU | +84.5% |
| 1992 | -100.38 billion current LCU | +30.0% |
| 1993 | -93.22 billion current LCU | -7.1% |
| 1994 | -113.26 billion current LCU | +21.5% |
| 1995 | -123.90 billion current LCU | +9.4% |
| 1996 | -157.49 billion current LCU | +27.1% |
| 1997 | -196.96 billion current LCU | +25.1% |
| 1998 | -297.76 billion current LCU | +51.2% |
| 1999 | -288.43 billion current LCU | -3.1% |
| 2000 | -338.64 billion current LCU | +17.4% |
| 2001 | -406.20 billion current LCU | +19.9% |
| 2002 | -291.90 billion current LCU | -28.1% |
| 2003 | -437.72 billion current LCU | +50.0% |
| 2004 | -724.76 billion current LCU | +65.6% |
| 2005 | -816.40 billion current LCU | +12.6% |
| 2006 | -1.04 trillion current LCU | +27.3% |
| 2007 | -872.78 billion current LCU | -16.0% |
| 2008 | -734.15 billion current LCU | -15.9% |
| 2009 | -639.60 billion current LCU | -12.9% |
| 2010 | -674.20 billion current LCU | +5.4% |
| 2011 | -1.70 trillion current LCU | +152.6% |
Madagascar compared with similar countries
- Madagascar's -1.70 trillion current LCU is below the median for low income countries, which is -26.39 billion current LCU, 64.5× the median. (19 countries reporting)
- Madagascar's -1.70 trillion current LCU is below the median for Sub-Saharan Africa, which is -21.76 billion current LCU, 78.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Overall budget balance, including grants in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -173.9% | -22.92 billion current LCU | -62.78 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -24.22 billion current LCU | -62.78 billion current LCU | -11.03 billion current LCU | 6 |
| 1990s | -149.05 billion current LCU | -297.76 billion current LCU | -41.86 billion current LCU | 10 |
| 2000s | -630.13 billion current LCU | -1.04 trillion current LCU | -291.90 billion current LCU | 10 |
| 2010s | -1.19 trillion current LCU | -1.70 trillion current LCU | -674.20 billion current LCU | 2 |
Countries ranked near Madagascar
- 44 Sao Tome and Principe -558.90 billion current LCU compare
- 45 Senegal -599.10 billion current LCU compare
- 46 Democratic Republic of Congo -1.03 trillion current LCU compare
- 48 Uganda -1.74 trillion current LCU compare
- 49 Zambia -2.75 trillion current LCU compare
- 50 Tanzania -3.70 trillion current LCU compare
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 overall budget balance, including grants in Madagascar?
- Overall budget balance, including grants in Madagascar was -1.70 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest overall budget balance, including grants recorded in Madagascar?
- The highest recorded value was -11.03 billion current LCU in 1984.
- What is the lowest overall budget balance, including grants recorded in Madagascar?
- The lowest recorded value was -1.70 trillion current LCU in 2011.
- How does Madagascar rank for overall budget balance, including grants?
- Madagascar ranks 47th out of 51 countries with data for 2011.
- Is overall budget balance, including grants rising or falling in Madagascar?
- Over the last ten years it is down 319.3%. 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 Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.