Africa's Development Dynamics (AfDD) Table 16 - Public finances in Madagascar

Madagascar: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 16.84 Percentage of GDP in 2029. ▲ Rising

Latest (2029)
16.84 Percentage of GDP
Change on year
down 0.3%
Rank
26th
of 28 groups
All-time high
21.7 Percentage of GDP
in 2004
All-time low
11.52 Percentage of GDP
in 2012
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 16 - Public finances in Madagascar, 2000–2029

051015202000201420292000: 15.3 Percentage of GDP2001: 15.3 Percentage of GDP2002: 12.4 Percentage of GDP2003: 16.6 Percentage of GDP2004: 21.7 Percentage of GDP2005: 18.4 Percentage of GDP2006: 18.5 Percentage of GDP2007: 16.1 Percentage of GDP2008: 15.7 Percentage of GDP2009: 12.5 Percentage of GDP2010: 12.3 Percentage of GDP2011: 12 Percentage of GDP2012: 11.5 Percentage of GDP2013: 12.7 Percentage of GDP2014: 12.6 Percentage of GDP2015: 13 Percentage of GDP2016: 13.5 Percentage of GDP2017: 14.9 Percentage of GDP2018: 14.4 Percentage of GDP2019: 15.4 Percentage of GDP2020: 16.4 Percentage of GDP2021: 13.7 Percentage of GDP2022: 16.3 Percentage of GDP2023: 18.1 Percentage of GDP2024: 17.1 Percentage of GDP2025: 17.1 Percentage of GDP2026: 17 Percentage of GDP2027: 16.8 Percentage of GDP2028: 16.9 Percentage of GDP2029: 16.8 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

Madagascar recorded 16.84 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2029.

That represents a change of down 0.3% on the previous year and up 9.6% over ten years.

Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Madagascar peaked at 21.7 Percentage of GDP in 2004 and was at its lowest, 11.52 Percentage of GDP, in 2012.

Madagascar ranks 26th of 28 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Africa's Development Dynamics (AfDD) Table 16 - Public finances in Madagascar, year by year

Annual values for Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure in Madagascar, 2000 to 2029.
Year Percentage of GDP Change
2000 15.35 Percentage of GDP
2001 15.31 Percentage of GDP -0.2%
2002 12.44 Percentage of GDP -18.7%
2003 16.56 Percentage of GDP +33.1%
2004 21.7 Percentage of GDP +31.0%
2005 18.35 Percentage of GDP -15.4%
2006 18.47 Percentage of GDP +0.7%
2007 16.09 Percentage of GDP -12.9%
2008 15.71 Percentage of GDP -2.3%
2009 12.51 Percentage of GDP -20.4%
2010 12.28 Percentage of GDP -1.8%
2011 12.04 Percentage of GDP -2.0%
2012 11.52 Percentage of GDP -4.4%
2013 12.7 Percentage of GDP +10.3%
2014 12.55 Percentage of GDP -1.2%
2015 13.03 Percentage of GDP +3.8%
2016 13.55 Percentage of GDP +4.0%
2017 14.94 Percentage of GDP +10.3%
2018 14.35 Percentage of GDP -4.0%
2019 15.36 Percentage of GDP +7.0%
2020 16.36 Percentage of GDP +6.5%
2021 13.71 Percentage of GDP -16.2%
2022 16.31 Percentage of GDP +19.0%
2023 18.13 Percentage of GDP +11.1%
2024 17.06 Percentage of GDP -5.9%
2025 17.05 Percentage of GDP -0.0%
2026 16.95 Percentage of GDP -0.6%
2027 16.79 Percentage of GDP -0.9%
2028 16.9 Percentage of GDP +0.6%
2029 16.84 Percentage of GDP -0.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.25 Percentage of GDP 12.44 Percentage of GDP 21.7 Percentage of GDP 10
2010s 13.23 Percentage of GDP 11.52 Percentage of GDP 15.36 Percentage of GDP 10
2020s 16.61 Percentage of GDP 13.71 Percentage of GDP 18.13 Percentage of GDP 10

Countries ranked near Madagascar

  1. 23 Serbia 44.52 Percentage of GDP compare
  2. 24 Tonga 44.17 Percentage of GDP compare
  3. 25 Norway 44.08 Percentage of GDP compare
  4. 26 United Kingdom of Great Britain and Northern Ireland 43.06 Percentage of GDP compare
  5. 27 Ukraine 43.03 Percentage of GDP compare
  6. 28 Iceland 42.49 Percentage of GDP compare
  7. 28 Ethiopia 11.18 Percentage of GDP compare
  8. 29 Czechia 42.4 Percentage of GDP compare

See the full ranking of 240 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is africa's development dynamics (afdd) table 16 - public finances in Madagascar?
Africa's development dynamics (afdd) table 16 - public finances in Madagascar was 16.84 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Madagascar?
The highest recorded value was 21.7 Percentage of GDP in 2004.
What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Madagascar?
The lowest recorded value was 11.52 Percentage of GDP in 2012.
How does Madagascar rank for africa's development dynamics (afdd) table 16 - public finances?
Madagascar ranks 26th out of 28 groups with data for 2029.
Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Madagascar?
Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 16 - Public finances in Madagascar. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/africa-s-development-dynamics-afdd-table-16-public-finances-general-government-expenditure/madagascar-2/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
240 places, 7,002 data points, 2000–2029
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.