Expense in Madagascar
Madagascar: Expense was 11.0% in 2023. ▲ Rising
Expense in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Madagascar recorded 11.0% for expense in 2023.
That represents a change of up 11.2% on the previous year and up 17.3% over ten years.
Over the whole period, expense in Madagascar peaked at 11.8% in 2020 and was at its lowest, 7.7%, in 2009.
That places Madagascar 147th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Expense in Madagascar, year by year
| Year | % of GDP | 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% | -7.1% |
| 2023 | 11.0% | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.6% | 7.7% | 10.9% | 7 |
| 2010s | 9.5% | 8.6% | 10.6% | 10 |
| 2020s | 10.9% | 9.9% | 11.8% | 4 |
Countries ranked near Madagascar
- 144 Mali 12.2% compare
- 145 Central African Republic 11.7% compare
- 146 Equatorial Guinea 11.0% compare
- 148 Tajikistan 11.0% compare
- 149 Zimbabwe 11.0% compare
- 150 Lao People's Democratic Republic 10.3% compare
More economy & growth data for Madagascar
- GNI, Atlas method (current US$), annual growth rate 10.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9276 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 555.91 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.01 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9768 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 585.37 current US$ per person (2025)
- GNI (current LCU), annual growth rate 12.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 4,425 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 2.65 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 5.83 % change on previous year (2025)
Frequently asked questions
- What is expense in Madagascar?
- Expense in Madagascar was 11.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Madagascar?
- The highest recorded value was 11.8% in 2020.
- What is the lowest expense recorded in Madagascar?
- The lowest recorded value was 7.7% in 2009.
- How does Madagascar rank for expense?
- Madagascar ranks 147th out of 157 countries with data for 2023.
- Is expense rising or falling in Madagascar?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.