Subsidies and other transfers in Madagascar
Madagascar: Subsidies and other transfers was 2.84 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Madagascar, 2003–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Madagascar recorded 2.84 trillion current LCU for subsidies and other transfers in 2024. That is the highest value across all 21 years on record.
The figure is up 6.9% on the previous year and up 163.6% over ten years.
Over the whole period, subsidies and other transfers in Madagascar peaked at 2.84 trillion current LCU in 2024 and was at its lowest, 94.19 billion current LCU, in 2003.
Madagascar ranks 26th of 153 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 |
|---|---|---|---|---|
| 2000s | 221.43 billion current LCU | 94.19 billion current LCU | 483.32 billion current LCU | 6 |
| 2010s | 1.11 trillion current LCU | 474.14 billion current LCU | 1.92 trillion current LCU | 10 |
| 2020s | 2.42 trillion current LCU | 2.03 trillion current LCU | 2.84 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 subsidies and other transfers in Madagascar?
- Subsidies and other transfers in Madagascar was 2.84 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Madagascar?
- The highest recorded value was 2.84 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Madagascar?
- The lowest recorded value was 94.19 billion current LCU in 2003.
- How does Madagascar rank for subsidies and other transfers?
- Madagascar ranks 26th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Madagascar?
- Over the last ten years it is up 163.6%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.