Short-term debt in Madagascar
Madagascar: Short-term debt was 3.6% in 2024. ◆ Volatile
Short-term debt in Madagascar, 1973–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Madagascar is 3.6%, measured in 2024.
The figure is down 25.2% on the previous year and down 90.1% over ten years.
Over the whole period, short-term debt in Madagascar peaked at 3,240.0% in 1979 and was at its lowest, 0.0%, in 1973.
That places Madagascar 94th out of 111 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Madagascar, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1973 | 0.0% | — |
| 1974 | 0.2% | — |
| 1975 | 0.3% | +45.1% |
| 1976 | 0.3% | -19.2% |
| 1977 | 66.9% | +25783.0% |
| 1978 | 76.2% | +13.9% |
| 1979 | 3,240.0% | +4149.8% |
| 1980 | 2,677.3% | -17.4% |
| 1981 | 347.4% | -87.0% |
| 1982 | 513.5% | +47.8% |
| 1983 | 612.4% | +19.3% |
| 1984 | 193.7% | -68.4% |
| 1985 | 244.2% | +26.1% |
| 1986 | 144.7% | -40.8% |
| 1987 | 76.7% | -47.0% |
| 1988 | 71.4% | -7.0% |
| 1989 | 50.4% | -29.4% |
| 1990 | 241.9% | +380.0% |
| 1991 | 295.5% | +22.2% |
| 1992 | 398.4% | +34.8% |
| 1993 | 491.6% | +23.4% |
| 1994 | 662.1% | +34.7% |
| 1995 | 499.0% | -24.6% |
| 1996 | 216.2% | -56.7% |
| 1997 | 58.4% | -73.0% |
| 1998 | 134.0% | +129.4% |
| 1999 | 142.4% | +6.3% |
| 2000 | 105.7% | -25.8% |
| 2001 | 60.0% | -43.2% |
| 2002 | 63.7% | +6.1% |
| 2003 | 37.7% | -40.7% |
| 2004 | 15.0% | -60.1% |
| 2005 | 20.5% | +36.5% |
| 2006 | 37.8% | +84.2% |
| 2007 | 94.4% | +149.5% |
| 2008 | 62.4% | -33.9% |
| 2009 | 66.1% | +5.9% |
| 2010 | 41.5% | -37.2% |
| 2011 | 37.9% | -8.6% |
| 2012 | 44.5% | +17.3% |
| 2013 | 44.5% | -0.1% |
| 2014 | 36.9% | -16.9% |
| 2015 | 24.5% | -33.6% |
| 2016 | 17.3% | -29.5% |
| 2017 | 11.1% | -36.0% |
| 2018 | 15.6% | +40.7% |
| 2019 | 16.6% | +6.8% |
| 2020 | 13.8% | -17.0% |
| 2021 | 9.9% | -28.5% |
| 2022 | 8.3% | -15.6% |
| 2023 | 4.9% | -41.3% |
| 2024 | 3.6% | -25.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 483.4% | 0.0% | 3,240.0% | 7 |
| 1980s | 493.2% | 50.4% | 2,677.3% | 10 |
| 1990s | 313.9% | 58.4% | 662.1% | 10 |
| 2000s | 56.3% | 15.0% | 105.7% | 10 |
| 2010s | 29.0% | 11.1% | 44.5% | 10 |
| 2020s | 8.1% | 3.6% | 13.8% | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Services, value added (constant LCU), per capita 331,202 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 8.38 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9244 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 553.93 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4,187 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.51 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6902 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Madagascar?
- Short-term debt in Madagascar was 3.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Madagascar?
- The highest recorded value was 3,240.0% in 1979.
- What is the lowest short-term debt recorded in Madagascar?
- The lowest recorded value was 0.0% in 1973.
- How does Madagascar rank for short-term debt?
- Madagascar ranks 94th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Madagascar?
- Over the last ten years it is down 90.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.