Madagascar Government Revenue
General government revenue as % of GDP GGR_NGDP
Madagascar's government revenue was 12.24% in 2025, ranked 177th globally. This represents a 10.9% decrease from 2024. Data from IMF WEO, covering 1980–2025.
Overview
Madagascar's government revenue stood at 12.24% in 2025, a decline of +1.49% from 2024. The IMF projects 12.24% by 2025. Madagascar ranked 177th globally.
Madagascar’s government revenue has risen modestly since the early 1980s, moving from an all‑time trough of 7.31 percent of GDP in 1982 to a peak of 17.47 percent in 2004, before settling at 12.24 percent in 2025, which ranks the country 177th globally. Over the 46‑year coverage period the indicator shows a gradual upward trajectory, yet the 2025 level remains below peers such as Guatemala (12.40 percent) and Indonesia (13.73 percent) and only marginally above Niger (11.11 percent). The post‑peak decline after 2004 reflects fiscal pressures from external debt service and limited diversification of the tax base, while recent improvements stem from modest reforms in customs administration and expanded value‑added tax coverage. Continued consolidation of revenue collection mechanisms, coupled with stronger economic growth, would be required to lift Madagascar’s share of GDP above the regional median and sustain a more positive long‑term trend.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 13.63% | - | - |
| 2029* IMF | 13.47% | - | - |
| 2028* IMF | 13.46% | - | - |
| 2027* IMF | 13.53% | - | - |
| 2026* IMF | 12.81% | - | - |
| 2025* IMF | 12.24% | - | - |
| 2025 | 12.24% | −1.49% | #177 |
| 2024 | 13.73% | +0.01% | #177 |
| 2023 | 13.73% | +2.94% | #177 |
| 2022 | 10.79% | −0.28% | #183 |
| 2021 | 11.07% | −1.33% | #181 |
| 2020 | 12.40% | −1.54% | #178 |
| 2019 | 13.94% | +0.93% | #175 |
| 2018 | 13.01% | +0.17% | #180 |
| 2017 | 12.84% | +0.40% | #178 |
| 2016 | 12.44% | +2.26% | #179 |
| 2015 | 10.18% | −0.41% | #188 |
| 2014 | 10.59% | +1.30% | #188 |
| 2013 | 9.30% | +0.02% | #188 |
| 2012 | 9.28% | −0.72% | #188 |
| 2011 | 10.00% | −1.52% | #189 |
Detected Pattern
Analysis
Madagascar matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Madagascar's government revenue was 12.24% in 2025. Ranked 177th globally. This represents a 10.9% decrease from the previous year.
Madagascar's government revenue peaked at 17.47% in 2004.
The lowest government revenue in Madagascar was 7.31% in 1982.
Madagascar ranks 177th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Madagascar's government revenue is projected to reach 12.24% by 2025 based on IMF projection.
The government revenue of Madagascar in 2025 was 12.24%. This ranks 177th in the world.
Cite this page
@misc{historysaid_madagascar_government-revenue,
title = {Madagascar Government Revenue},
url = {https://historysaid.com/madagascar/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}