Social contributions in Madagascar
Madagascar: Social contributions was 562.95 billion current LCU in 2024. ◆ Volatile
Social contributions in Madagascar, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Madagascar is 562.95 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.
That represents a change of up 10.7% on the previous year and up 325.8% over ten years.
Over the whole period, social contributions in Madagascar peaked at 562.95 billion current LCU in 2024 and was at its lowest, 79.60 billion current LCU, in 2012.
Madagascar ranks 21st of 112 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 170.50 billion current LCU | — |
| 2011 | 187.80 billion current LCU | +10.1% |
| 2012 | 79.60 billion current LCU | -57.6% |
| 2013 | 126.40 billion current LCU | +58.8% |
| 2014 | 132.20 billion current LCU | +4.6% |
| 2015 | 140.90 billion current LCU | +6.6% |
| 2016 | 138.31 billion current LCU | -1.8% |
| 2017 | 165.80 billion current LCU | +19.9% |
| 2018 | 325.47 billion current LCU | +96.3% |
| 2019 | 305.55 billion current LCU | -6.1% |
| 2020 | 325.41 billion current LCU | +6.5% |
| 2021 | 242.54 billion current LCU | -25.5% |
| 2022 | 357.01 billion current LCU | +47.2% |
| 2023 | 508.56 billion current LCU | +42.5% |
| 2024 | 562.95 billion current LCU | +10.7% |
Madagascar compared with similar countries
- Madagascar's 562.95 billion current LCU is above the median for low income countries, which is 3.40 billion current LCU, 165.6× the median. (6 countries reporting)
- Madagascar's 562.95 billion current LCU is above the median for Sub-Saharan Africa, which is 7.63 billion current LCU, 73.8× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 177.25 billion current LCU | 79.60 billion current LCU | 325.47 billion current LCU | 10 |
| 2020s | 399.29 billion current LCU | 242.54 billion current LCU | 562.95 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 social contributions in Madagascar?
- Social contributions in Madagascar was 562.95 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Madagascar?
- The highest recorded value was 562.95 billion current LCU in 2024.
- What is the lowest social contributions recorded in Madagascar?
- The lowest recorded value was 79.60 billion current LCU in 2012.
- How does Madagascar rank for social contributions?
- Madagascar ranks 21st out of 112 countries with data for 2024.
- Is social contributions rising or falling in Madagascar?
- Over the last ten years it is up 325.8%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.