Subsidies and other transfers (% of expense) in Madagascar
Madagascar: Subsidies and other transfers (% of expense) was 33.9% in 2023. ▲ Rising
Subsidies and other transfers in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Madagascar recorded 33.9% for subsidies and other transfers in 2023.
Compared with earlier readings it is up 4.1% on the previous year and down 7.0% over ten years.
Over the whole period, subsidies and other transfers in Madagascar peaked at 40.2% in 2017 and was at its lowest, 10.7%, in 2004.
Madagascar ranks 90th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Subsidies and other transfers (% of expense) in Madagascar, year by year
| Year | % of expense | Change |
|---|---|---|
| 2003 | 12.4% | — |
| 2004 | 10.7% | -13.3% |
| 2006 | 13.9% | +29.5% |
| 2007 | 14.0% | +0.8% |
| 2008 | 27.8% | +98.5% |
| 2009 | 16.1% | -42.3% |
| 2010 | 26.5% | +65.1% |
| 2011 | 30.7% | +15.9% |
| 2012 | 32.7% | +6.5% |
| 2013 | 36.5% | +11.3% |
| 2014 | 36.2% | -0.8% |
| 2015 | 34.4% | -4.8% |
| 2016 | 32.3% | -6.3% |
| 2017 | 40.2% | +24.6% |
| 2018 | 30.5% | -24.2% |
| 2019 | 37.1% | +21.6% |
| 2020 | 39.4% | +6.1% |
| 2021 | 38.6% | -1.9% |
| 2022 | 32.6% | -15.7% |
| 2023 | 33.9% | +4.1% |
Madagascar compared with similar countries
- Madagascar's 33.9% is above the median for low income countries, which is 25.7%, 1.3× the median. (14 countries reporting)
- Madagascar's 33.9% is above the median for Sub-Saharan Africa, which is 25.7%, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.8% | 10.7% | 27.8% | 6 |
| 2010s | 33.7% | 26.5% | 40.2% | 10 |
| 2020s | 36.1% | 32.6% | 39.4% | 4 |
Countries ranked near Madagascar
- 87 Iran 34.3% compare
- 88 Bangladesh 34.1% compare
- 89 Fiji 34.1% compare
- 91 Trinidad and Tobago 33.9% compare
- 92 Namibia 33.1% compare
- 93 Saint Kitts and Nevis 33.0% compare
More public sector data for Madagascar
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Frequently asked questions
- What is subsidies and other transfers in Madagascar?
- Subsidies and other transfers in Madagascar was 33.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Madagascar?
- The highest recorded value was 40.2% in 2017.
- What is the lowest subsidies and other transfers recorded in Madagascar?
- The lowest recorded value was 10.7% in 2004.
- How does Madagascar rank for subsidies and other transfers?
- Madagascar ranks 90th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Madagascar?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.