Interest payments in Madagascar
Madagascar: Interest payments was 4.8% in 2024. ◆ Volatile
Interest payments in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Madagascar recorded 4.8% for interest payments in 2024.
That represents a change of down 11.0% on the previous year and up 15.2% over ten years.
Over the whole period, interest payments in Madagascar peaked at 65.7% in 1994 and was at its lowest, 4.1%, in 2008.
That places Madagascar 93rd out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Madagascar, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 14.9% | — |
| 1991 | 28.1% | +88.2% |
| 1992 | 38.1% | +35.5% |
| 1993 | 46.5% | +22.1% |
| 1994 | 65.7% | +41.4% |
| 1995 | 59.9% | -8.9% |
| 2003 | 11.0% | -81.7% |
| 2004 | 14.5% | +31.9% |
| 2005 | 15.8% | +9.5% |
| 2006 | 11.2% | -29.1% |
| 2007 | 7.0% | -37.8% |
| 2008 | 4.1% | -41.6% |
| 2009 | 7.0% | +71.0% |
| 2010 | 5.7% | -17.7% |
| 2011 | 5.4% | -6.1% |
| 2012 | 5.6% | +3.1% |
| 2013 | 4.3% | -23.3% |
| 2014 | 4.2% | -1.8% |
| 2015 | 6.3% | +50.1% |
| 2016 | 5.7% | -9.8% |
| 2017 | 5.2% | -8.4% |
| 2018 | 5.4% | +5.0% |
| 2019 | 4.8% | -12.8% |
| 2020 | 5.6% | +17.3% |
| 2021 | 5.4% | -2.9% |
| 2022 | 4.8% | -11.0% |
| 2023 | 5.4% | +12.4% |
| 2024 | 4.8% | -11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.2% | 14.9% | 65.7% | 6 |
| 2000s | 10.1% | 4.1% | 15.8% | 7 |
| 2010s | 5.2% | 4.2% | 6.3% | 10 |
| 2020s | 5.2% | 4.8% | 5.6% | 5 |
Countries ranked near Madagascar
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Arms imports (SIPRI trend indicator values), per capita 0.0345 SIPRI trend indicator values per person (2020)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2020)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2020)
- Military expenditure (current USD), per capita 3.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0069 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 121.63 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.72 SIPRI trend indicator values per square kilometre (2020)
Frequently asked questions
- What is interest payments in Madagascar?
- Interest payments in Madagascar was 4.8% 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 65.7% in 1994.
- What is the lowest interest payments recorded in Madagascar?
- The lowest recorded value was 4.1% in 2008.
- How does Madagascar rank for interest payments?
- Madagascar ranks 93rd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Madagascar?
- Over the last ten years it is up 15.2%. 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 (% of revenue). Statizoid updates them automatically from the source API.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.