Budget balance — all countries

Budget balance — Madagascar

Budget balance in Madagascar in 2031 — -3.6%. Ranked 138 in the world out of 188. Since 1980, the indicator has risen by 7.4 pp.

2031 -3.6% +0.2 pp vs 2030
World rank 138of 188
Period maximum -0.5%1990
Period minimum -11%1980

Trend over time

1980–2031 · % of GDP

Budget balance — Madagascar, 1980–2031-15-10-5019801986199219982004201020162022202820311980: -11%1981: -10%1982: -7%1983: -6%1984: -6.1%1985: -2.4%1986: -2.2%1987: -2.1%1988: -0.6%1989: -3.3%1990: -0.5%1991: -4.4%1992: -5%1993: -6.3%1994: -7.2%1995: -5.1%1996: -4%1997: -2%1998: -5.3%1999: -2.4%2000: -2.4%2001: -3.6%2002: -4.1%2003: -3.3%2004: -4.2%2005: -2.5%2006: -5.7%2007: -2.3%2008: -1.7%2009: -2.3%2010: -0.8%2011: -2%2012: -2.2%2013: -3.4%2014: -2%2015: -2.9%2016: -1.1%2017: -2.1%2018: -1.3%2019: -1.4%2020: -4%2021: -2.8%2022: -5.5%2023: -4.2%2024: -2.5%2025: -2.2%2026: -4.6%2027: -3.9%2028: -3.9%2029: -3.9%2030: -3.8%2031: -3.6%
Change over the period: +7.4 pp Annual average: 0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Madagascar

Madagascar -3.6%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Eastern Africa computed -3.73%
Low-income countries computed -2.83%
Budget balance — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2031 -3.6 +0.2 pp
2030 -3.8 +0.1 pp
2029 -3.9 +0 pp
2028 -3.9 +0 pp
2027 -3.9 +0.7 pp
2026 -4.6 −2.4 pp
2025 -2.2 +0.3 pp
2024 -2.5 +1.7 pp
2023 -4.2 +1.3 pp
2022 -5.5 −2.7 pp
2021 -2.8 +1.2 pp
2020 -4 −2.6 pp
2019 -1.4 −0.1 pp
2018 -1.3 +0.8 pp
2017 -2.1 −1 pp
2016 -1.1 +1.8 pp
2015 -2.9 −0.9 pp
2014 -2 +1.4 pp
2013 -3.4 −1.2 pp
2012 -2.2 −0.2 pp
2011 -2 −1.2 pp
2010 -0.8 +1.5 pp
2009 -2.3 −0.6 pp
2008 -1.7 +0.6 pp
2007 -2.3 +3.4 pp
2006 -5.7 −3.2 pp
2005 -2.5 +1.7 pp
2004 -4.2 −0.9 pp
2003 -3.3 +0.8 pp
2002 -4.1 −0.5 pp
2001 -3.6 −1.2 pp
2000 -2.4 +0 pp
1999 -2.4 +2.9 pp
1998 -5.3 −3.3 pp
1997 -2 +2 pp
1996 -4 +1.1 pp
1995 -5.1 +2.1 pp
1994 -7.2 −0.9 pp
1993 -6.3 −1.3 pp
1992 -5 −0.6 pp
1991 -4.4 −3.9 pp
1990 -0.5 +2.8 pp
1989 -3.3 −2.7 pp
1988 -0.6 +1.5 pp
1987 -2.1 +0.1 pp
1986 -2.2 +0.2 pp
1985 -2.4 +3.7 pp
1984 -6.1 −0.1 pp
1983 -6 +1 pp
1982 -7 +3 pp
1981 -10 +1 pp
1980 -11

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.