Goods and services expense (% of expense) in Madagascar
Madagascar: Goods and services expense (% of expense) was 6.6% in 2023. ▼ Falling
Goods and services expense in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Madagascar stood at 6.6%.
The figure is down 7.1% on the previous year and up 17.3% over ten years.
Over the whole period, goods and services expense in Madagascar peaked at 19.6% in 2003 and was at its lowest, 5.6%, in 2013.
Madagascar ranks 135th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Goods and services expense (% of expense) in Madagascar, year by year
| Year | % of expense | Change |
|---|---|---|
| 2003 | 19.6% | — |
| 2004 | 14.3% | -27.0% |
| 2006 | 13.9% | -2.9% |
| 2007 | 13.9% | +0.4% |
| 2008 | 15.9% | +14.2% |
| 2009 | 13.7% | -14.3% |
| 2010 | 10.6% | -22.5% |
| 2011 | 9.8% | -7.0% |
| 2012 | 7.2% | -27.1% |
| 2013 | 5.6% | -22.0% |
| 2014 | 8.4% | +50.0% |
| 2015 | 6.7% | -19.8% |
| 2016 | 6.1% | -9.5% |
| 2017 | 6.7% | +9.5% |
| 2018 | 8.0% | +19.8% |
| 2019 | 6.7% | -16.4% |
| 2020 | 5.9% | -11.5% |
| 2021 | 5.9% | -0.7% |
| 2022 | 7.1% | +20.2% |
| 2023 | 6.6% | -7.1% |
Madagascar compared with similar countries
- Madagascar's 6.6% is below the median for low income countries, which is 20.4%, 32% of the median. (16 countries reporting)
- Madagascar's 6.6% is below the median for Sub-Saharan Africa, which is 18.9%, 35% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.2% | 13.7% | 19.6% | 6 |
| 2010s | 7.6% | 5.6% | 10.6% | 10 |
| 2020s | 6.4% | 5.9% | 7.1% | 4 |
Countries ranked near Madagascar
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Frequently asked questions
- What is goods and services expense in Madagascar?
- Goods and services expense in Madagascar was 6.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Madagascar?
- The highest recorded value was 19.6% in 2003.
- What is the lowest goods and services expense recorded in Madagascar?
- The lowest recorded value was 5.6% in 2013.
- How does Madagascar rank for goods and services expense?
- Madagascar ranks 135th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Madagascar?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.