Net incurrence of liabilities, total in Madagascar
Madagascar: Net incurrence of liabilities, total was 815.63 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Madagascar, 2003–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Madagascar is 815.63 billion current LCU, measured in 2024.
Compared with earlier readings it is down 79.0% on the previous year and up 5.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Madagascar peaked at 3.88 trillion current LCU in 2023 and was at its lowest, 38.48 billion current LCU, in 2013.
Madagascar ranks 35th of 136 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 | 419.58 billion current LCU | 198.32 billion current LCU | 552.80 billion current LCU | 7 |
| 2010s | 550.22 billion current LCU | 38.48 billion current LCU | 946.00 billion current LCU | 10 |
| 2020s | 2.65 trillion current LCU | 815.63 billion current LCU | 3.88 trillion 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 net incurrence of liabilities, total in Madagascar?
- Net incurrence of liabilities, total in Madagascar was 815.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Madagascar?
- The highest recorded value was 3.88 trillion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Madagascar?
- The lowest recorded value was 38.48 billion current LCU in 2013.
- How does Madagascar rank for net incurrence of liabilities, total?
- Madagascar ranks 35th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Madagascar?
- Over the last ten years it is up 5.3%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.