Interest payments in Madagascar
Madagascar: Interest payments was 555.08 billion current LCU in 2024. ◆ Volatile
Interest payments in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Madagascar stood at 555.08 billion current LCU. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 12.0% on the previous year and up 289.9% over ten years.
Over the whole period, interest payments in Madagascar peaked at 555.08 billion current LCU in 2024 and was at its lowest, 13.90 billion current LCU, in 1990.
That places Madagascar 33rd out of 155 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 13.90 billion current LCU | — |
| 1991 | 19.88 billion current LCU | +43.0% |
| 1992 | 38.34 billion current LCU | +92.9% |
| 1993 | 51.68 billion current LCU | +34.8% |
| 1994 | 98.36 billion current LCU | +90.3% |
| 1995 | 137.58 billion current LCU | +39.9% |
| 2003 | 113.16 billion current LCU | -17.8% |
| 2004 | 239.48 billion current LCU | +111.6% |
| 2005 | 266.60 billion current LCU | +11.3% |
| 2006 | 284.80 billion current LCU | +6.8% |
| 2007 | 155.67 billion current LCU | -45.3% |
| 2008 | 127.30 billion current LCU | -18.2% |
| 2009 | 128.49 billion current LCU | +0.9% |
| 2010 | 147.90 billion current LCU | +15.1% |
| 2011 | 143.25 billion current LCU | -3.1% |
| 2012 | 144.01 billion current LCU | +0.5% |
| 2013 | 123.96 billion current LCU | -13.9% |
| 2014 | 142.38 billion current LCU | +14.9% |
| 2015 | 230.92 billion current LCU | +62.2% |
| 2016 | 278.09 billion current LCU | +20.4% |
| 2017 | 285.47 billion current LCU | +2.7% |
| 2018 | 353.12 billion current LCU | +23.7% |
| 2019 | 356.00 billion current LCU | +0.8% |
| 2020 | 361.55 billion current LCU | +1.6% |
| 2021 | 353.89 billion current LCU | -2.1% |
| 2022 | 346.32 billion current LCU | -2.1% |
| 2023 | 495.65 billion current LCU | +43.1% |
| 2024 | 555.08 billion current LCU | +12.0% |
Madagascar compared with similar countries
- Madagascar's 555.08 billion current LCU is above the median for low income countries, which is 94.46 billion current LCU, 5.9× the median. (16 countries reporting)
- Madagascar's 555.08 billion current LCU is above the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 5.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.96 billion current LCU | 13.90 billion current LCU | 137.58 billion current LCU | 6 |
| 2000s | 187.93 billion current LCU | 113.16 billion current LCU | 284.80 billion current LCU | 7 |
| 2010s | 220.51 billion current LCU | 123.96 billion current LCU | 356.00 billion current LCU | 10 |
| 2020s | 422.50 billion current LCU | 346.32 billion current LCU | 555.08 billion current LCU | 5 |
Countries ranked near Madagascar
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 interest payments in Madagascar?
- Interest payments in Madagascar was 555.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Madagascar?
- The highest recorded value was 555.08 billion current LCU in 2024.
- What is the lowest interest payments recorded in Madagascar?
- The lowest recorded value was 13.90 billion current LCU in 1990.
- How does Madagascar rank for interest payments?
- Madagascar ranks 33rd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Madagascar?
- Over the last ten years it is up 289.9%. 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 Interest payments (current LCU). 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
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.