Interest payments in Madagascar
Madagascar: Interest payments was 6.3% in 2023. ◆ Volatile
Interest payments in Madagascar, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Madagascar recorded 6.3% for interest payments in 2023.
That represents a change of up 13.9% on the previous year and up 31.5% over ten years.
Over the whole period, interest payments in Madagascar peaked at 23.9% in 2005 and was at its lowest, 4.8%, in 2014.
Madagascar ranks 79th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.6% | 7.3% | 23.9% | 7 |
| 2010s | 6.8% | 4.8% | 8.3% | 10 |
| 2020s | 6.0% | 5.6% | 6.3% | 4 |
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)
- Other taxes 0.1% (2024)
- Compensation of employees 47.9% (2023)
Frequently asked questions
- What is interest payments in Madagascar?
- Interest payments in Madagascar was 6.3% in 2023, 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 23.9% in 2005.
- What is the lowest interest payments recorded in Madagascar?
- The lowest recorded value was 4.8% in 2014.
- How does Madagascar rank for interest payments?
- Madagascar ranks 79th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Madagascar?
- Over the last ten years it is up 31.5%. 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 (% of expense). Statizoid updates them automatically from the source API.
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About this data
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.