Madagascar Madagascar National Debt

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NATIONAL PUBLIC DEBT Madagascar 2021

Public debt went up in Madagascar

In 2021 Madagascar public debt was 6,412 million euros7,589 million dollars, has increased 598954 million since 2020.

This amount means that the debt in 2021 reached 53.13% of Madagascar GDP, a 2.31 percentage point rise from 2020, when it was 50.82% of GDP.

If we check the tables we can see the evolution of Madagascar debt. It has risen since 2011 in global debt terms, when it was 2,486 million euros 3,459 million dollars and also in terms of GDP percentage, when it amounted to 29.95%.

According to the last data point published, Madagascar per capita debt in 2021 was 222 euros262 dollars per inhabitant. In 2020 it was 206 euros 235 dollars, afterwards rising by 16 euros27 dollars, and if we again check 2011 we can see that then the debt per person was 119 euros166 dollars .

The position of Madagascar, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 84 in the list of debt to GDP and 5 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Madagascar. You can see debt in other countries in Public debt and see all the information about Madagascar in economy of Madagascar.

Madagascar: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20216,4127,58953.13%€222$262
20205,8146,63550.82%€206$235
20195,1175,72940.62%€186$208
20184,9955,90242.89%€195$230
20174,6835,28840.14%€188$212
20164,3134,77340.28%€178$197
20154,4964,98944.06%€191$212
20143,5674,74037.85%€156$208
20133,3904,50336.24%€153$203
20122,7413,52430.44%€127$164
20112,4863,45929.95%€119$166
20102,4333,22932.34%€120$159
20092,4063,35234.86%€122$170
20082,2623,32631.01%€118$174
20071,7552,40528.21%€95$130
20061,6422,06132.23%€91$115
20053,5004,35774.37%€200$249
20043,3364,14881.90%€197$245
20034,8385,47185.86%€294$332
20024,9104,64086.69%€307$290
20014,9874,46782.14%€321$288
20004,5194,17690.21%€300$277
19994,1754,454104.12%€286$305
19984,774108.46%$336
19973,82689.74%$278
19964,86998.72%$364
19953,67895.84%$283
19943,38095.96%$268
19934,274105.19%$349
19924,119110.88%$346
19913,705113.84%$319
19903,64492.70%$322
Madagascar: Evolution of debt as a percentage of GDP

Madagascar: Evolution of debt in millions