In 2020 Madagascar public debt was 5,321 million euros6,078 million dollars, has increased 465642 million since 2019.
This amount means that the debt in 2020 reached 46.02% of Madagascar GDP, a 7.48 percentage point rise from 2019, when it was 38.54% of GDP.
If we check the tables we can see the evolution of Madagascar debt. It has risen since 2010 in global debt terms, when it was 2,438 million euros 3,232 million dollars and also in terms of GDP percentage, when it amounted to 32.34%.
According to the last data point published, Madagascar per capita debt in 2020 was 192 euros219 dollars per inhabitant. In 2019 it was 180 euros 202 dollars, afterwards rising by 12 euros17 dollars, and if we again check 2010 we can see that then the debt per person was 115 euros153 dollars .
The position of Madagascar, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 70 in the list of debt to GDP and 7 in debt per capita, out of the 190 we publish.