Revenue, excluding grants in Madagascar
Madagascar: Revenue, excluding grants was 12.2% in 2024. ▲ Rising
Revenue, excluding grants in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Madagascar recorded 12.2% for revenue, excluding grants in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 14.7% on the previous year and up 31.5% over ten years.
Over the whole period, revenue, excluding grants 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.
Revenue, excluding grants in Madagascar, year by year
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Madagascar
- Gross capital formation (current US$), annual growth rate 14.34 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2415 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 144.72 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 14.45 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,094 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 655,520 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 9.32 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.18 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 107.86 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.46 % change on previous year (2025)
Frequently asked questions
- What is revenue, excluding grants in Madagascar?
- Revenue, excluding grants in Madagascar was 12.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Madagascar?
- The highest recorded value was 12.2% in 2024.
- What is the lowest revenue, excluding grants recorded in Madagascar?
- The lowest recorded value was 5.9% in 1991.
- How does Madagascar rank for revenue, excluding grants?
- Madagascar ranks 146th out of 157 countries with data for 2024.
- Is revenue, excluding grants 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 Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.