Expense in Madagascar
Madagascar: Expense was 7.84 trillion current LCU in 2023. ◆ Volatile
Expense in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Madagascar recorded 7.84 trillion current LCU for expense in 2023. That is the highest value across all 21 years on record.
The figure is up 25.7% on the previous year and up 204.0% over ten years.
Over the whole period, expense in Madagascar peaked at 7.84 trillion current LCU in 2023 and was at its lowest, 760.75 billion current LCU, in 2003.
That places Madagascar 27th out of 157 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 760.75 billion current LCU | — |
| 2004 | 1.03 trillion current LCU | +35.1% |
| 2005 | 1.11 trillion current LCU | +8.5% |
| 2006 | 1.37 trillion current LCU | +22.9% |
| 2007 | 1.55 trillion current LCU | +12.8% |
| 2008 | 1.74 trillion current LCU | +12.3% |
| 2009 | 1.45 trillion current LCU | -16.3% |
| 2010 | 1.79 trillion current LCU | +23.1% |
| 2011 | 2.09 trillion current LCU | +16.9% |
| 2012 | 2.23 trillion current LCU | +6.5% |
| 2013 | 2.58 trillion current LCU | +15.9% |
| 2014 | 2.98 trillion current LCU | +15.6% |
| 2015 | 3.18 trillion current LCU | +6.6% |
| 2016 | 3.51 trillion current LCU | +10.4% |
| 2017 | 4.35 trillion current LCU | +24.0% |
| 2018 | 4.51 trillion current LCU | +3.8% |
| 2019 | 5.17 trillion current LCU | +14.6% |
| 2020 | 5.83 trillion current LCU | +12.8% |
| 2021 | 5.88 trillion current LCU | +0.8% |
| 2022 | 6.24 trillion current LCU | +6.1% |
| 2023 | 7.84 trillion current LCU | +25.7% |
Madagascar compared with similar countries
- Madagascar's 7.84 trillion current LCU is above the median for low income countries, which is 1.23 trillion current LCU, 6.4× the median. (16 countries reporting)
- Madagascar's 7.84 trillion current LCU is above the median for Sub-Saharan Africa, which is 972.73 billion current LCU, 8.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.29 trillion current LCU | 760.75 billion current LCU | 1.74 trillion current LCU | 7 |
| 2010s | 3.24 trillion current LCU | 1.79 trillion current LCU | 5.17 trillion current LCU | 10 |
| 2020s | 6.45 trillion current LCU | 5.83 trillion current LCU | 7.84 trillion current LCU | 4 |
Countries ranked near Madagascar
- 24 Costa Rica 13.60 trillion current LCU compare
- 25 Turkey 8.95 trillion current LCU compare
- 26 Cote d'Ivoire 8.76 trillion current LCU compare
- 28 Mexico 7.16 trillion current LCU compare
- 29 United States 6.80 trillion current LCU compare
- 30 Angola 5.06 trillion current LCU compare
More public sector data for Madagascar
- Democracy, annual growth rate -100 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2025)
- Elected parliament, annual growth rate -100 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2025)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Madagascar?
- Expense in Madagascar was 7.84 trillion current LCU 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 7.84 trillion current LCU in 2023.
- What is the lowest expense recorded in Madagascar?
- The lowest recorded value was 760.75 billion current LCU in 2003.
- How does Madagascar rank for expense?
- Madagascar ranks 27th out of 157 countries with data for 2023.
- Is expense rising or falling in Madagascar?
- Over the last ten years it is up 204.0%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.