Net incurrence of liabilities, total in Madagascar
Madagascar: Net incurrence of liabilities, total was 1.0% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Madagascar, 2003–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Madagascar is 1.0%, measured in 2024.
The figure is down 81.2% on the previous year and down 60.0% over ten years.
Over the whole period, net incurrence of liabilities, total in Madagascar peaked at 7.1% in 2020 and was at its lowest, 0.1%, in 2013.
That places Madagascar 105th out of 136 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 4.4% | — |
| 2004 | 4.9% | +10.7% |
| 2005 | 4.5% | -8.3% |
| 2006 | 3.3% | -26.3% |
| 2007 | 2.5% | -22.4% |
| 2008 | 3.0% | +18.5% |
| 2009 | 1.1% | -65.1% |
| 2010 | 2.0% | +89.3% |
| 2011 | 0.9% | -54.0% |
| 2012 | 1.1% | +16.8% |
| 2013 | 0.1% | -86.9% |
| 2014 | 2.6% | +1724.5% |
| 2015 | 2.4% | -6.1% |
| 2016 | 1.5% | -36.0% |
| 2017 | 2.3% | +49.7% |
| 2018 | 1.7% | -25.6% |
| 2019 | 1.3% | -22.7% |
| 2020 | 7.1% | +436.1% |
| 2021 | 4.5% | -36.6% |
| 2022 | 4.1% | -8.5% |
| 2023 | 5.5% | +32.5% |
| 2024 | 1.0% | -81.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | 1.1% | 4.9% | 7 |
| 2010s | 1.6% | 0.1% | 2.6% | 10 |
| 2020s | 4.4% | 1.0% | 7.1% | 5 |
Countries ranked near Madagascar
- 102 Guatemala 1.2% compare
- 103 Iran, Islamic Republic of 1.2%
- 104 Cyprus 1.1%
- 106 Congo, Democratic Republic of the 1.0% compare
- 107 Equatorial Guinea 0.9% compare
- 108 Gabon 0.9% compare
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 net incurrence of liabilities, total in Madagascar?
- Net incurrence of liabilities, total in Madagascar was 1.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Madagascar?
- The highest recorded value was 7.1% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Madagascar?
- The lowest recorded value was 0.1% in 2013.
- How does Madagascar rank for net incurrence of liabilities, total?
- Madagascar ranks 105th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Madagascar?
- Over the last ten years it is down 60.0%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.