Expense in Madagascar

Madagascar: Expense was 7.84 trillion current LCU in 2023. ◆ Volatile

Latest (2023)
7.84 trillion current LCU
Change on year
up 25.7%
World rank
27th
of 157 countries
All-time high
7.84 trillion current LCU
in 2023
All-time low
760.75 billion current LCU
in 2003
Years of data
21
2003–2023

Expense in Madagascar, 2003–2023

02.0T4.0T6.0T8.0T2003201320232003: 760.7B current LCU2004: 1.0T current LCU2005: 1.1T current LCU2006: 1.4T current LCU2007: 1.5T current LCU2008: 1.7T current LCU2009: 1.5T current LCU2010: 1.8T current LCU2011: 2.1T current LCU2012: 2.2T current LCU2013: 2.6T current LCU2014: 3.0T current LCU2015: 3.2T current LCU2016: 3.5T current LCU2017: 4.3T current LCU2018: 4.5T current LCU2019: 5.2T current LCU2020: 5.8T current LCU2021: 5.9T current LCU2022: 6.2T current LCU2023: 7.8T current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 24 Costa Rica 13.60 trillion current LCU compare
  2. 25 Turkey 8.95 trillion current LCU compare
  3. 26 Cote d'Ivoire 8.76 trillion current LCU compare
  4. 28 Mexico 7.16 trillion current LCU compare
  5. 29 United States 6.80 trillion current LCU compare
  6. 30 Angola 5.06 trillion current LCU compare

See the full ranking of 157 places →

More public sector data for Madagascar

All data for Madagascar →

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

Indicator
Expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,452 data points, 1972–2024
Last refreshed

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.