In 2018 Madagascar public debt was 4,678 million euros 5,525 million dollars, has increased 7248 million since 2017.
This amount means that the debt in 2018 reached 45.72% of Madagascar GDP, a 0.3 percentage point fall from 2017, when it was 46.02% of GDP.
If we check the tables we can see the evolution of Madagascar debt. It has risen since 2008 in global debt terms, when it was 2,256 million euros 3,318 million dollars and also in terms of GDP percentage, when it amounted to 35.25%.
According to the last data point published, Madagascar per capita debt in 2018 was 178 euros210 dollars per inhabitant. In 2017 it was 183 euros 206 dollars, afterwards dropping by 5 euros 4dollars, and if we again check 2008 we can see that then the debt per person was 113 euros167 dollars .
The position of Madagascar, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 79 in the list of debt to GDP and 8 in debt per capita, out of the 186 we publish.