External debt stocks, total (DOD, current US$), per unit of GDP in Madagascar
Madagascar: External debt stocks, total (DOD, current US$), per unit of GDP was 0.3782 DOD, current US$ per US$ of GDP in 2024. ◆ Volatile
External debt stocks, total (DOD, current US$), per unit of GDP in Madagascar, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
In 2024, external debt stocks, total (dod, current us$), per unit of gdp in Madagascar stood at 0.3782 DOD, current US$ per US$ of GDP.
That represents a change of down 5.7% on the previous year and up 59.8% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), per unit of gdp in Madagascar peaked at 1.2 DOD, current US$ per US$ of GDP in 1991 and was at its lowest, 0.0871 DOD, current US$ per US$ of GDP, in 1976.
That places Madagascar 75th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$), per unit of GDP in Madagascar, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.4363 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.4072 DOD, current US$ per US$ of GDP | -6.7% |
| 1972 | 0.3802 DOD, current US$ per US$ of GDP | -6.6% |
| 1973 | 0.3055 DOD, current US$ per US$ of GDP | -19.7% |
| 1974 | 0.3916 DOD, current US$ per US$ of GDP | +28.2% |
| 1975 | 0.3465 DOD, current US$ per US$ of GDP | -11.5% |
| 1976 | 0.0871 DOD, current US$ per US$ of GDP | -74.9% |
| 1977 | 0.3313 DOD, current US$ per US$ of GDP | +280.6% |
| 1978 | 0.1333 DOD, current US$ per US$ of GDP | -59.8% |
| 1979 | 0.2232 DOD, current US$ per US$ of GDP | +67.4% |
| 1980 | 0.24 DOD, current US$ per US$ of GDP | +7.5% |
| 1981 | 0.339 DOD, current US$ per US$ of GDP | +41.3% |
| 1982 | 0.4039 DOD, current US$ per US$ of GDP | +19.2% |
| 1983 | 0.4354 DOD, current US$ per US$ of GDP | +7.8% |
| 1984 | 0.5497 DOD, current US$ per US$ of GDP | +26.2% |
| 1985 | 0.6652 DOD, current US$ per US$ of GDP | +21.0% |
| 1986 | 0.6917 DOD, current US$ per US$ of GDP | +4.0% |
| 1987 | 1.15 DOD, current US$ per US$ of GDP | +65.8% |
| 1988 | 1.15 DOD, current US$ per US$ of GDP | +0.7% |
| 1989 | 1.08 DOD, current US$ per US$ of GDP | -6.4% |
| 1990 | 0.9414 DOD, current US$ per US$ of GDP | -12.9% |
| 1991 | 1.2 DOD, current US$ per US$ of GDP | +27.5% |
| 1992 | 1.05 DOD, current US$ per US$ of GDP | -12.3% |
| 1993 | 0.9364 DOD, current US$ per US$ of GDP | -11.1% |
| 1994 | 1.16 DOD, current US$ per US$ of GDP | +24.2% |
| 1995 | 1.13 DOD, current US$ per US$ of GDP | -3.2% |
| 1996 | 0.8406 DOD, current US$ per US$ of GDP | -25.4% |
| 1997 | 0.9639 DOD, current US$ per US$ of GDP | +14.7% |
| 1998 | 0.9982 DOD, current US$ per US$ of GDP | +3.6% |
| 1999 | 1.12 DOD, current US$ per US$ of GDP | +12.0% |
| 2000 | 1.02 DOD, current US$ per US$ of GDP | -8.7% |
| 2001 | 0.7694 DOD, current US$ per US$ of GDP | -24.6% |
| 2002 | 0.8491 DOD, current US$ per US$ of GDP | +10.4% |
| 2003 | 0.7814 DOD, current US$ per US$ of GDP | -8.0% |
| 2004 | 0.7552 DOD, current US$ per US$ of GDP | -3.4% |
| 2005 | 0.6017 DOD, current US$ per US$ of GDP | -20.3% |
| 2006 | 0.2388 DOD, current US$ per US$ of GDP | -60.3% |
| 2007 | 0.2736 DOD, current US$ per US$ of GDP | +14.6% |
| 2008 | 0.2362 DOD, current US$ per US$ of GDP | -13.7% |
| 2009 | 0.296 DOD, current US$ per US$ of GDP | +25.3% |
| 2010 | 0.2761 DOD, current US$ per US$ of GDP | -6.7% |
| 2011 | 0.2482 DOD, current US$ per US$ of GDP | -10.1% |
| 2012 | 0.2585 DOD, current US$ per US$ of GDP | +4.2% |
| 2013 | 0.2367 DOD, current US$ per US$ of GDP | -8.4% |
| 2014 | 0.2366 DOD, current US$ per US$ of GDP | -0.0% |
| 2015 | 0.2656 DOD, current US$ per US$ of GDP | +12.3% |
| 2016 | 0.2512 DOD, current US$ per US$ of GDP | -5.4% |
| 2017 | 0.2567 DOD, current US$ per US$ of GDP | +2.2% |
| 2018 | 0.2704 DOD, current US$ per US$ of GDP | +5.3% |
| 2019 | 0.2868 DOD, current US$ per US$ of GDP | +6.1% |
| 2020 | 0.371 DOD, current US$ per US$ of GDP | +29.4% |
| 2021 | 0.3723 DOD, current US$ per US$ of GDP | +0.4% |
| 2022 | 0.3869 DOD, current US$ per US$ of GDP | +3.9% |
| 2023 | 0.4009 DOD, current US$ per US$ of GDP | +3.6% |
| 2024 | 0.3782 DOD, current US$ per US$ of GDP | -5.7% |
Madagascar compared with similar countries
- Madagascar's 0.3782 DOD, current US$ per US$ of GDP is above the median for low income countries, which is 0.3371 DOD, current US$ per US$ of GDP, 1.1× the median. (23 countries reporting)
- Madagascar's 0.3782 DOD, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.4067 DOD, current US$ per US$ of GDP, 93% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total (DOD, current US$), per unit of GDP in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +280.6% | 0.0871 DOD, current US$ per US$ of GDP | 0.3313 DOD, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3042 DOD, current US$ per US$ of GDP | 0.0871 DOD, current US$ per US$ of GDP | 0.4363 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.6707 DOD, current US$ per US$ of GDP | 0.24 DOD, current US$ per US$ of GDP | 1.15 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 1.03 DOD, current US$ per US$ of GDP | 0.8406 DOD, current US$ per US$ of GDP | 1.2 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.5822 DOD, current US$ per US$ of GDP | 0.2362 DOD, current US$ per US$ of GDP | 1.02 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.2587 DOD, current US$ per US$ of GDP | 0.2366 DOD, current US$ per US$ of GDP | 0.2868 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.3819 DOD, current US$ per US$ of GDP | 0.371 DOD, current US$ per US$ of GDP | 0.4009 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Madagascar
- 72 Central African Republic 0.3801 DOD, current US$ per US$ of GDP compare
- 73 Argentina 0.3797 DOD, current US$ per US$ of GDP compare
- 74 Turkey 0.3789 DOD, current US$ per US$ of GDP compare
- 76 Solomon Islands 0.3764 DOD, current US$ per US$ of GDP compare
- 77 Thailand 0.3624 DOD, current US$ per US$ of GDP compare
- 78 Kenya 0.3562 DOD, current US$ per US$ of GDP compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks, total (dod, current us$), per unit of gdp in Madagascar?
- External debt stocks, total (dod, current us$), per unit of gdp in Madagascar was 0.3782 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), per unit of gdp recorded in Madagascar?
- The highest recorded value was 1.2 DOD, current US$ per US$ of GDP in 1991.
- What is the lowest external debt stocks, total (dod, current us$), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 0.0871 DOD, current US$ per US$ of GDP in 1976.
- How does Madagascar rank for external debt stocks, total (dod, current us$), per unit of gdp?
- Madagascar ranks 75th out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 59.8%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, total (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.