Madagascar Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Madagascar's budget deficit stood at -3.86% in 2025, a decline of +1.38% from 2024. The IMF projects -3.86% by 2025. Madagascar ranked 126th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -3.56% | - | - |
| 2029* IMF | -3.80% | - | - |
| 2028* IMF | -3.81% | - | - |
| 2027* IMF | -3.84% | - | - |
| 2026* IMF | -4.02% | - | - |
| 2025* IMF | -3.86% | - | - |
| 2025 | -3.86% | −1.38% | #126 |
| 2024 | -2.48% | +1.72% | #99 |
| 2023 | -4.20% | +1.27% | #63 |
| 2022 | -5.46% | −2.63% | #46 |
| 2021 | -2.83% | +1.13% | #117 |
| 2020 | -3.96% | −2.54% | #136 |
| 2019 | -1.42% | −0.08% | #107 |
| 2018 | -1.34% | +0.77% | #106 |
| 2017 | -2.10% | −1.00% | #100 |
| 2016 | -1.11% | +1.74% | #129 |
| 2015 | -2.85% | −0.89% | #91 |
| 2014 | -1.96% | +1.44% | #111 |
| 2013 | -3.40% | −1.17% | #74 |
| 2012 | -2.24% | −0.19% | #100 |
| 2011 | -2.04% | −1.28% | #108 |
Detected Pattern
Analysis
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Madagascar's budget deficit was -3.86% in 2025. Ranked 126th globally. This represents a 55.7% decrease from the previous year.
Madagascar's budget deficit peaked at -0.49% in 1990.
The lowest budget deficit in Madagascar was -11.02% in 1980.
Madagascar ranks 126th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Madagascar's budget deficit is projected to reach -3.86% by 2025 based on IMF projection.
The budget deficit of Madagascar in 2025 was -3.86%. This ranks 126th in the world.
Cite this page
@misc{historysaid_madagascar_budget-deficit,
title = {Madagascar Budget Deficit},
url = {https://historysaid.com/madagascar/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}