Cash surplus/deficit as a proportion of GDP in Madagascar
Madagascar: Cash surplus/deficit as a proportion of GDP was -11.2% in 2023. ▼ Falling
Latest (2023)
-11.2%
Change on year
down 12.2%
World rank
16th
of 162 countries
All-time high
-7.7%
in 2009
All-time low
-11.8%
in 2020
Years of data
21
2003–2023
Cash surplus/deficit as a proportion of GDP in Madagascar, 2003–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Madagascar recorded -11.2% for cash surplus/deficit as a proportion of gdp in 2023.
That represents a change of down 12.2% on the previous year and down 18.6% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Madagascar peaked at -7.7% in 2009 and was at its lowest, -11.8%, in 2020.
Madagascar ranks 16th of 162 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Cash surplus/deficit as a proportion of GDP in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2003 | -9.6% | — |
| 2004 | -10.9% | +12.6% |
| 2005 | -9.5% | -12.5% |
| 2006 | -10.0% | +5.3% |
| 2007 | -9.7% | -3.2% |
| 2008 | -9.5% | -2.1% |
| 2009 | -7.7% | -18.5% |
| 2010 | -8.6% | +11.0% |
| 2011 | -8.9% | +4.2% |
| 2012 | -8.8% | -2.0% |
| 2013 | -9.4% | +7.4% |
| 2014 | -9.9% | +4.8% |
| 2015 | -9.6% | -3.0% |
| 2016 | -9.3% | -2.5% |
| 2017 | -10.6% | +13.7% |
| 2018 | -9.8% | -7.1% |
| 2019 | -10.1% | +3.1% |
| 2020 | -11.8% | +16.4% |
| 2021 | -10.7% | -9.4% |
| 2022 | -9.9% | -7.0% |
| 2023 | -11.2% | +12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.6% | -10.9% | -7.7% | 7 |
| 2010s | -9.5% | -10.6% | -8.6% | 10 |
| 2020s | -10.9% | -11.8% | -9.9% | 4 |
Countries ranked near Madagascar
- 13 Zimbabwe -11.0% compare
- 14 Tajikistan -11.0% compare
- 15 Equatorial Guinea -11.0% compare
- 17 Central African Republic -11.7% compare
- 18 Burundi -12.2% compare
- 19 Mali -12.2% compare
More economy & growth data for Madagascar
- Final consumption expenditure (constant 2015 US$), per capita 386.85 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.62 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.12 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 668.63 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 13.72 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 5,054 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 3.03 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.63 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8255 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 494.7 constant 2015 US$ per person (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Madagascar?
- Cash surplus/deficit as a proportion of gdp in Madagascar was -11.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Madagascar?
- The highest recorded value was -7.7% in 2009.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Madagascar?
- The lowest recorded value was -11.8% in 2020.
- How does Madagascar rank for cash surplus/deficit as a proportion of gdp?
- Madagascar ranks 16th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Madagascar?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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