Total debt service in Madagascar
Madagascar: Total debt service was 1.7% in 2023. ◆ Volatile
Latest (2023)
1.7%
Change on year
up 18.9%
World rank
93rd
of 119 countries
All-time high
8.1%
in 1987
All-time low
0.4%
in 2008
Years of data
54
1970–2023
Total debt service in Madagascar, 1970–2023
Source: UNESCO Institute for Statistics. Measured in % of GNI.
Analysis
In 2023, total debt service in Madagascar stood at 1.7%.
Compared with earlier readings it is up 18.9% on the previous year and up 185.1% over ten years.
Over the whole period, total debt service in Madagascar peaked at 8.1% in 1987 and was at its lowest, 0.4%, in 2008.
That places Madagascar 93rd out of 119 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Madagascar, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 5.5% | — |
| 1971 | 5.6% | +1.7% |
| 1972 | 5.5% | -2.9% |
| 1973 | 5.1% | -6.5% |
| 1974 | 4.5% | -11.7% |
| 1975 | 2.8% | -37.4% |
| 1976 | 0.5% | -82.1% |
| 1977 | 6.2% | +1126.1% |
| 1978 | 0.8% | -87.1% |
| 1979 | 1.1% | +39.6% |
| 1980 | 1.9% | +74.3% |
| 1981 | 2.4% | +20.8% |
| 1982 | 2.3% | -0.4% |
| 1983 | 1.8% | -22.9% |
| 1984 | 3.3% | +80.6% |
| 1985 | 4.1% | +25.0% |
| 1986 | 5.0% | +23.3% |
| 1987 | 8.1% | +60.5% |
| 1988 | 7.3% | -10.0% |
| 1989 | 7.9% | +9.3% |
| 1990 | 5.9% | -25.6% |
| 1991 | 5.2% | -12.0% |
| 1992 | 2.7% | -48.0% |
| 1993 | 2.0% | -26.1% |
| 1994 | 1.9% | -2.9% |
| 1995 | 1.6% | -18.2% |
| 1996 | 1.7% | +9.4% |
| 1997 | 5.1% | +193.2% |
| 1998 | 2.9% | -43.0% |
| 1999 | 3.8% | +30.5% |
| 2000 | 2.6% | -32.1% |
| 2001 | 1.3% | -50.8% |
| 2002 | 1.2% | -1.8% |
| 2003 | 1.1% | -9.7% |
| 2004 | 1.7% | +47.9% |
| 2005 | 1.4% | -16.3% |
| 2006 | 1.0% | -30.0% |
| 2007 | 0.4% | -57.8% |
| 2008 | 0.4% | -9.6% |
| 2009 | 0.5% | +42.1% |
| 2010 | 0.6% | +19.9% |
| 2011 | 0.4% | -29.8% |
| 2012 | 0.6% | +45.8% |
| 2013 | 0.6% | -7.0% |
| 2014 | 0.8% | +35.4% |
| 2015 | 1.3% | +57.6% |
| 2016 | 1.1% | -16.3% |
| 2017 | 1.0% | -4.3% |
| 2018 | 1.0% | -4.6% |
| 2019 | 0.9% | -5.7% |
| 2020 | 1.0% | +12.9% |
| 2021 | 1.2% | +14.2% |
| 2022 | 1.4% | +20.9% |
| 2023 | 1.7% | +18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 0.5% | 6.2% | 10 |
| 1980s | 4.4% | 1.8% | 8.1% | 10 |
| 1990s | 3.3% | 1.6% | 5.9% | 10 |
| 2000s | 1.2% | 0.4% | 2.6% | 10 |
| 2010s | 0.8% | 0.4% | 1.3% | 10 |
| 2020s | 1.4% | 1.0% | 1.7% | 4 |
Countries ranked near Madagascar
More population data for Madagascar
- Projected population under age 5, annual growth rate -0.2896 % change on previous year (2100)
- Population growth rate 0.436 (2100)
- Population density 146.69 (2100)
- Projected population under age 5 6.06 million (2100)
- Population growth rate by level of development 0.436 (2100)
- Fertility and wanted fertility, annual growth rate -1.51 % change on previous year (2024)
- Refugee population by country or territory of asylum, gaps filled 83 (2024)
- Refugee population by country or territory of asylum, per capita 0 units per person (2024)
- Fertility vs unmet contraception, annual growth rate -1.51 % change on previous year (2024)
- Fertility vs contraception, annual growth rate -1.51 % change on previous year (2024)
Frequently asked questions
- What is total debt service in Madagascar?
- Total debt service in Madagascar was 1.7% in 2023, according to UNESCO Institute for Statistics.
- What is the highest total debt service recorded in Madagascar?
- The highest recorded value was 8.1% in 1987.
- What is the lowest total debt service recorded in Madagascar?
- The lowest recorded value was 0.4% in 2008.
- How does Madagascar rank for total debt service?
- Madagascar ranks 93rd out of 119 countries with data for 2023.
- Is total debt service rising or falling in Madagascar?
- Over the last ten years it is up 185.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release