Total government debt in Madagascar
Madagascar: Total government debt was 4.08 trillion current LCU in 1996. ◆ Volatile
Total government debt in Madagascar, 1984–1996
Source: World Bank country economists. Measured in current LCU.
Analysis
Madagascar recorded 4.08 trillion current LCU for total government debt in 1996. That is the highest value across all 13 years on record.
The figure is up 23.4% on the previous year and up 495.1% over ten years.
Over the whole period, total government debt in Madagascar peaked at 4.08 trillion current LCU in 1996 and was at its lowest, 379.71 billion current LCU, in 1984.
Madagascar ranks 8th of 44 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total government debt in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 379.71 billion current LCU | — |
| 1985 | 422.74 billion current LCU | +11.3% |
| 1986 | 685.58 billion current LCU | +62.2% |
| 1987 | 1.09 trillion current LCU | +59.5% |
| 1988 | 1.13 trillion current LCU | +3.0% |
| 1989 | 1.14 trillion current LCU | +1.1% |
| 1990 | 1.24 trillion current LCU | +8.9% |
| 1991 | 1.53 trillion current LCU | +23.2% |
| 1992 | 1.68 trillion current LCU | +10.1% |
| 1993 | 1.81 trillion current LCU | +7.6% |
| 1994 | 3.48 trillion current LCU | +92.6% |
| 1995 | 3.31 trillion current LCU | -5.1% |
| 1996 | 4.08 trillion current LCU | +23.4% |
Madagascar compared with similar countries
- Madagascar's 4.08 trillion current LCU is above the median for low income countries, which is 525.00 billion current LCU, 7.8× the median. (15 countries reporting)
- Madagascar's 4.08 trillion current LCU is above the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 7.8× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 807.70 billion current LCU | 379.71 billion current LCU | 1.14 trillion current LCU | 6 |
| 1990s | 2.45 trillion current LCU | 1.24 trillion current LCU | 4.08 trillion current LCU | 7 |
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 total government debt in Madagascar?
- Total government debt in Madagascar was 4.08 trillion current LCU in 1996, according to World Bank country economists.
- What is the highest total government debt recorded in Madagascar?
- The highest recorded value was 4.08 trillion current LCU in 1996.
- What is the lowest total government debt recorded in Madagascar?
- The lowest recorded value was 379.71 billion current LCU in 1984.
- How does Madagascar rank for total government debt?
- Madagascar ranks 8th out of 44 countries with data for 1996.
- Is total government debt rising or falling in Madagascar?
- Over the last ten years it is up 495.1%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.