Debt service as a proportion of exports of goods, services and in Madagascar
Madagascar: Debt service as a proportion of exports of goods, services and was 5.6% in 2023. ◆ Volatile
Latest (2023)
5.6%
Change on year
up 63.3%
World rank
83rd
of 125 countries
All-time high
12.9%
in 2000
All-time low
0.9%
in 2007
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Madagascar, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Madagascar stood at 5.6%.
Compared with earlier readings it is up 63.3% on the previous year and up 163.7% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Madagascar peaked at 12.9% in 2000 and was at its lowest, 0.9%, in 2007.
Madagascar ranks 83rd of 125 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.9% | — |
| 2001 | 6.2% | -52.0% |
| 2002 | 5.4% | -12.2% |
| 2003 | 8.4% | +55.1% |
| 2004 | 8.9% | +5.7% |
| 2005 | 5.8% | -34.3% |
| 2006 | 3.5% | -39.6% |
| 2007 | 0.9% | -75.6% |
| 2008 | 1.0% | +11.5% |
| 2009 | 2.1% | +123.7% |
| 2010 | 2.5% | +18.0% |
| 2011 | 1.6% | -34.8% |
| 2012 | 2.3% | +39.0% |
| 2013 | 2.1% | -7.1% |
| 2014 | 2.6% | +24.1% |
| 2015 | 4.3% | +62.5% |
| 2016 | 3.2% | -24.4% |
| 2017 | 3.0% | -7.2% |
| 2018 | 2.5% | -18.6% |
| 2019 | 2.5% | +1.2% |
| 2020 | 4.3% | +72.9% |
| 2021 | 4.4% | +3.3% |
| 2022 | 3.4% | -22.5% |
| 2023 | 5.6% | +63.3% |
Madagascar compared with similar countries
- Madagascar's 5.6% is below the median for low income countries, which is 9.7%, 58% of the median. (20 countries reporting)
- Madagascar's 5.6% is below the median for Sub-Saharan Africa, which is 9.0%, 62% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | 0.9% | 12.9% | 10 |
| 2010s | 2.7% | 1.6% | 4.3% | 10 |
| 2020s | 4.4% | 3.4% | 5.6% | 4 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Madagascar?
- Debt service as a proportion of exports of goods, services and in Madagascar was 5.6% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Madagascar?
- The highest recorded value was 12.9% in 2000.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Madagascar?
- The lowest recorded value was 0.9% in 2007.
- How does Madagascar rank for debt service as a proportion of exports of goods, services and?
- Madagascar ranks 83rd out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Madagascar?
- Over the last ten years it is up 163.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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