Revenue, excluding grants in Madagascar
Madagascar: Revenue, excluding grants was 9.73 trillion current LCU in 2024. ◆ Volatile
Revenue, excluding grants in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, revenue, excluding grants in Madagascar stood at 9.73 trillion current LCU. That is the highest value across all 28 years on record.
That represents a change of up 28.6% on the previous year and up 246.3% over ten years.
Over the whole period, revenue, excluding grants in Madagascar peaked at 9.73 trillion current LCU in 2024 and was at its lowest, 70.76 billion current LCU, in 1991.
That places Madagascar 27th out of 157 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.
Revenue, excluding grants in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 93.12 billion current LCU | — |
| 1991 | 70.76 billion current LCU | -24.0% |
| 1992 | 100.72 billion current LCU | +42.3% |
| 1993 | 111.20 billion current LCU | +10.4% |
| 1994 | 149.70 billion current LCU | +34.6% |
| 1995 | 229.74 billion current LCU | +53.5% |
| 2003 | 724.91 billion current LCU | +215.5% |
| 2004 | 985.67 billion current LCU | +36.0% |
| 2005 | 1.11 trillion current LCU | +12.2% |
| 2006 | 1.38 trillion current LCU | +24.6% |
| 2007 | 1.64 trillion current LCU | +18.8% |
| 2008 | 2.14 trillion current LCU | +30.8% |
| 2009 | 1.65 trillion current LCU | -22.9% |
| 2010 | 2.22 trillion current LCU | +34.7% |
| 2011 | 2.27 trillion current LCU | +2.1% |
| 2012 | 2.33 trillion current LCU | +2.7% |
| 2013 | 2.61 trillion current LCU | +12.2% |
| 2014 | 2.81 trillion current LCU | +7.5% |
| 2015 | 3.25 trillion current LCU | +15.7% |
| 2016 | 3.78 trillion current LCU | +16.3% |
| 2017 | 4.47 trillion current LCU | +18.0% |
| 2018 | 5.25 trillion current LCU | +17.6% |
| 2019 | 5.90 trillion current LCU | +12.5% |
| 2020 | 5.24 trillion current LCU | -11.2% |
| 2021 | 6.17 trillion current LCU | +17.6% |
| 2022 | 6.40 trillion current LCU | +3.8% |
| 2023 | 7.57 trillion current LCU | +18.3% |
| 2024 | 9.73 trillion current LCU | +28.6% |
Madagascar compared with similar countries
- Madagascar's 9.73 trillion current LCU is above the median for low income countries, which is 1.33 trillion current LCU, 7.3× the median. (16 countries reporting)
- Madagascar's 9.73 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.33 trillion current LCU, 7.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Revenue, excluding grants in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +215.5% | 229.74 billion current LCU | 724.91 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 125.87 billion current LCU | 70.76 billion current LCU | 229.74 billion current LCU | 6 |
| 2000s | 1.37 trillion current LCU | 724.91 billion current LCU | 2.14 trillion current LCU | 7 |
| 2010s | 3.49 trillion current LCU | 2.22 trillion current LCU | 5.90 trillion current LCU | 10 |
| 2020s | 7.02 trillion current LCU | 5.24 trillion current LCU | 9.73 trillion current LCU | 5 |
Countries ranked near Madagascar
- 24 Turkey 14.04 trillion current LCU compare
- 25 Costa Rica 13.66 trillion current LCU compare
- 26 Somalia 10.39 trillion current LCU compare
- 28 Cote d'Ivoire 6.55 trillion current LCU compare
- 29 Mexico 6.51 trillion current LCU compare
- 30 United States 5.21 trillion current LCU compare
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 revenue, excluding grants in Madagascar?
- Revenue, excluding grants in Madagascar was 9.73 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Madagascar?
- The highest recorded value was 9.73 trillion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in Madagascar?
- The lowest recorded value was 70.76 billion current LCU in 1991.
- How does Madagascar rank for revenue, excluding grants?
- Madagascar ranks 27th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Madagascar?
- Over the last ten years it is up 246.3%. 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 Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.