Goods and services expense in Madagascar
Madagascar: Goods and services expense was 519.97 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Madagascar, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Madagascar recorded 519.97 billion current LCU for goods and services expense in 2024. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 107.9% over ten years.
Over the whole period, goods and services expense in Madagascar peaked at 519.97 billion current LCU in 2024 and was at its lowest, 15.26 billion current LCU, in 1991.
Madagascar ranks 35th of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.65 billion current LCU | 15.26 billion current LCU | 42.40 billion current LCU | 6 |
| 2000s | 196.22 billion current LCU | 147.05 billion current LCU | 276.70 billion current LCU | 6 |
| 2010s | 237.21 billion current LCU | 144.29 billion current LCU | 360.41 billion current LCU | 10 |
| 2020s | 433.09 billion current LCU | 344.97 billion current LCU | 519.97 billion current LCU | 5 |
Countries ranked near Madagascar
More public sector data for Madagascar
- Arms imports 1.00 million SIPRI trend indicator values (2020)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 19.8% (2024)
- Taxes on goods and services 41.2% (2024)
- Net investment in nonfinancial assets 6.5% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 4.8% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.3% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is goods and services expense in Madagascar?
- Goods and services expense in Madagascar was 519.97 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Madagascar?
- The highest recorded value was 519.97 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Madagascar?
- The lowest recorded value was 15.26 billion current LCU in 1991.
- How does Madagascar rank for goods and services expense?
- Madagascar ranks 35th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Madagascar?
- Over the last ten years it is up 107.9%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.