Primary balance, excluding interest in Madagascar
Madagascar: Primary balance, excluding interest was -1.55 trillion current LCU in 2011. ◆ Volatile
Primary balance, excluding interest in Madagascar, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Madagascar recorded -1.55 trillion current LCU for primary balance, excluding interest in 2011. That is the lowest value across all 28 years on record.
That represents a change of down 208.5% on the previous year and down 440.2% over ten years.
Over the whole period, primary balance, excluding interest in Madagascar peaked at 13.68 billion current LCU in 1995 and was at its lowest, -1.55 trillion current LCU, in 2011.
Madagascar ranks 47th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary balance, excluding interest in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | -5.95 billion current LCU | — |
| 1985 | -9.25 billion current LCU | +55.3% |
| 1986 | -8.47 billion current LCU | -8.4% |
| 1987 | -7.18 billion current LCU | -15.3% |
| 1988 | -8.54 billion current LCU | +19.0% |
| 1989 | -49.76 billion current LCU | +482.6% |
| 1990 | -27.96 billion current LCU | -43.8% |
| 1991 | -57.36 billion current LCU | +105.2% |
| 1992 | -62.03 billion current LCU | +8.2% |
| 1993 | -41.55 billion current LCU | -33.0% |
| 1994 | -14.88 billion current LCU | -64.2% |
| 1995 | 13.68 billion current LCU | -191.9% |
| 1996 | -5.65 billion current LCU | -141.3% |
| 1997 | -87.17 billion current LCU | +1443.7% |
| 1998 | -186.99 billion current LCU | +114.5% |
| 1999 | -189.87 billion current LCU | +1.5% |
| 2000 | -216.19 billion current LCU | +13.9% |
| 2001 | -287.83 billion current LCU | +33.1% |
| 2002 | -160.01 billion current LCU | -44.4% |
| 2003 | -287.64 billion current LCU | +79.8% |
| 2004 | -485.28 billion current LCU | +68.7% |
| 2005 | -549.80 billion current LCU | +13.3% |
| 2006 | -754.28 billion current LCU | +37.2% |
| 2007 | -717.18 billion current LCU | -4.9% |
| 2008 | -606.85 billion current LCU | -15.4% |
| 2009 | -511.10 billion current LCU | -15.8% |
| 2010 | -504.00 billion current LCU | -1.4% |
| 2011 | -1.55 trillion current LCU | +208.5% |
Madagascar compared with similar countries
- Madagascar's -1.55 trillion current LCU is below the median for low income countries, which is -8.87 billion current LCU, 175.2× the median. (18 countries reporting)
- Madagascar's -1.55 trillion current LCU is below the median for Sub-Saharan Africa, which is -6.36 billion current LCU, 244.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest 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 |
|---|---|---|---|
| 1997 | -1443.7% | -5.65 billion current LCU | -87.17 billion current LCU |
| 1989 | -482.6% | -8.54 billion current LCU | -49.76 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -14.86 billion current LCU | -49.76 billion current LCU | -5.95 billion current LCU | 6 |
| 1990s | -65.98 billion current LCU | -189.87 billion current LCU | 13.68 billion current LCU | 10 |
| 2000s | -457.62 billion current LCU | -754.28 billion current LCU | -160.01 billion current LCU | 10 |
| 2010s | -1.03 trillion current LCU | -1.55 trillion current LCU | -504.00 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 primary balance, excluding interest in Madagascar?
- Primary balance, excluding interest in Madagascar was -1.55 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Madagascar?
- The highest recorded value was 13.68 billion current LCU in 1995.
- What is the lowest primary balance, excluding interest recorded in Madagascar?
- The lowest recorded value was -1.55 trillion current LCU in 2011.
- How does Madagascar rank for primary balance, excluding interest?
- Madagascar ranks 47th out of 50 countries with data for 2011.
- Is primary balance, excluding interest rising or falling in Madagascar?
- Over the last ten years it is down 440.2%. 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 Primary balance, excluding interest (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
Primary deficit, excluding interest (current LCU).