Interest payments in Madagascar

Madagascar: Interest payments was 555.08 billion current LCU in 2024. ◆ Volatile

Latest (2024)
555.08 billion current LCU
Change on year
up 12.0%
World rank
33rd
of 155 countries
All-time high
555.08 billion current LCU
in 2024
All-time low
13.90 billion current LCU
in 1990
Years of data
28
1990–2024

Interest payments in Madagascar, 1990–2024

0200.0B400.0B600.0B1990200720241990: 13.9B current LCU1991: 19.9B current LCU1992: 38.3B current LCU1993: 51.7B current LCU1994: 98.4B current LCU1995: 137.6B current LCU2003: 113.2B current LCU2004: 239.5B current LCU2005: 266.6B current LCU2006: 284.8B current LCU2007: 155.7B current LCU2008: 127.3B current LCU2009: 128.5B current LCU2010: 147.9B current LCU2011: 143.2B current LCU2012: 144.0B current LCU2013: 124.0B current LCU2014: 142.4B current LCU2015: 230.9B current LCU2016: 278.1B current LCU2017: 285.5B current LCU2018: 353.1B current LCU2019: 356.0B current LCU2020: 361.6B current LCU2021: 353.9B current LCU2022: 346.3B current LCU2023: 495.7B current LCU2024: 555.1B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2024, interest payments in Madagascar stood at 555.08 billion current LCU. That is the highest value across all 28 years on record.

Compared with earlier readings it is up 12.0% on the previous year and up 289.9% over ten years.

Over the whole period, interest payments in Madagascar peaked at 555.08 billion current LCU in 2024 and was at its lowest, 13.90 billion current LCU, in 1990.

That places Madagascar 33rd out of 155 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 59.96 billion current LCU 13.90 billion current LCU 137.58 billion current LCU 6
2000s 187.93 billion current LCU 113.16 billion current LCU 284.80 billion current LCU 7
2010s 220.51 billion current LCU 123.96 billion current LCU 356.00 billion current LCU 10
2020s 422.50 billion current LCU 346.32 billion current LCU 555.08 billion current LCU 5

Countries ranked near Madagascar

  1. 30 Kenya 685.88 billion current LCU compare
  2. 31 China 590.85 billion current LCU compare
  3. 32 Senegal 579.04 billion current LCU compare
  4. 34 Cambodia 473.14 billion current LCU compare
  5. 35 South Africa 393.43 billion current LCU compare
  6. 36 Armenia 313.58 billion current LCU compare

See the full ranking of 155 places →

More public sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is interest payments in Madagascar?
Interest payments in Madagascar was 555.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Madagascar?
The highest recorded value was 555.08 billion current LCU in 2024.
What is the lowest interest payments recorded in Madagascar?
The lowest recorded value was 13.90 billion current LCU in 1990.
How does Madagascar rank for interest payments?
Madagascar ranks 33rd out of 155 countries with data for 2024.
Is interest payments rising or falling in Madagascar?
Over the last ten years it is up 289.9%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.