Central government revenues as a share of GDP in Madagascar

Madagascar: Central government revenues as a share of GDP was 12.2% in 2024. ▲ Rising

Latest (2024)
12.2%
Change on year
up 14.7%
World rank
146th
of 157 countries
All-time high
12.2%
in 2024
All-time low
5.9%
in 1991
Years of data
28
1990–2024

Central government revenues as a share of GDP in Madagascar, 1990–2024

02.557.51012.51990200720241990: 7.9 % of GDP1991: 5.9 % of GDP1992: 7.3 % of GDP1993: 7.1 % of GDP1994: 6.9 % of GDP1995: 7 % of GDP2003: 9.2 % of GDP2004: 10.4 % of GDP2005: 9.4 % of GDP2006: 10.1 % of GDP2007: 10.2 % of GDP2008: 11.7 % of GDP2009: 8.8 % of GDP2010: 10.6 % of GDP2011: 9.7 % of GDP2012: 9.2 % of GDP2013: 9.5 % of GDP2014: 9.3 % of GDP2015: 9.8 % of GDP2016: 10.1 % of GDP2017: 10.9 % of GDP2018: 11.4 % of GDP2019: 11.6 % of GDP2020: 10.6 % of GDP2021: 11.2 % of GDP2022: 10.2 % of GDP2023: 10.7 % of GDP2024: 12.2 % of GDP

Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, central government revenues as a share of gdp in Madagascar stood at 12.2%. That is the highest value across all 28 years on record.

The figure is up 14.7% on the previous year and up 31.5% over ten years.

Over the whole period, central government revenues as a share of gdp in Madagascar peaked at 12.2% in 2024 and was at its lowest, 5.9%, in 1991.

Madagascar ranks 146th of 157 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 28 years of available data.

Central government revenues as a share of GDP in Madagascar, year by year

Annual values for Central government revenues as a share of GDP in Madagascar, 1990 to 2024.
Year % of GDP Change
1990 7.9%
1991 5.9% -25.3%
1992 7.3% +22.8%
1993 7.1% -1.7%
1994 6.9% -3.1%
1995 7.0% +1.3%
2003 9.2% +30.9%
2004 10.4% +13.4%
2005 9.4% -9.5%
2006 10.1% +6.7%
2007 10.2% +1.9%
2008 11.7% +14.0%
2009 8.8% -24.9%
2010 10.6% +21.4%
2011 9.7% -9.0%
2012 9.2% -5.4%
2013 9.5% +4.0%
2014 9.3% -2.6%
2015 9.8% +5.4%
2016 10.1% +2.7%
2017 10.9% +8.2%
2018 11.4% +5.2%
2019 11.6% +1.1%
2020 10.6% -8.3%
2021 11.2% +5.7%
2022 10.2% -9.2%
2023 10.7% +4.6%
2024 12.2% +14.7%

Madagascar compared with similar countries

  • Madagascar's 12.2% is below the median for low income countries, which is 13.1%, 93% of the median. (16 countries reporting)
  • Madagascar's 12.2% is below the median for Sub-Saharan Africa, which is 15.8%, 77% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.0% 5.9% 7.9% 6
2000s 10.0% 8.8% 11.7% 7
2010s 10.2% 9.2% 11.6% 10
2020s 11.0% 10.2% 12.2% 5

Countries ranked near Madagascar

  1. 143 Afghanistan 13.0% compare
  2. 144 Guatemala 12.8% compare
  3. 145 Mali 12.7% compare
  4. 147 Sri Lanka 11.1% compare
  5. 148 Panama 10.7% compare
  6. 149 Guinea-Bissau 10.2% compare

See the full ranking of 157 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is central government revenues as a share of gdp in Madagascar?
Central government revenues as a share of gdp in Madagascar was 12.2% in 2024, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest central government revenues as a share of gdp recorded in Madagascar?
The highest recorded value was 12.2% in 2024.
What is the lowest central government revenues as a share of gdp recorded in Madagascar?
The lowest recorded value was 5.9% in 1991.
How does Madagascar rank for central government revenues as a share of gdp?
Madagascar ranks 146th out of 157 countries with data for 2024.
Is central government revenues as a share of gdp rising or falling in Madagascar?
Over the last ten years it is up 31.5%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central government revenues as a share of GDP. Statizoid updates them automatically from the source API.

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Central government revenues as a share of GDP in Madagascar. Statizoid, drawing on International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/government-revenues-as-a-share-of-gdp-world-bank/madagascar/

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About this data

Indicator
Central government revenues as a share of GDP
Unit
% of GDP
Source
International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
157 places, 4,667 data points, 1972–2024
Last refreshed

Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.