Madagascar recorded a Government Budget deficit equal to 4.50 percent of the country's Gross Domestic Product in 2022. Government Budget in Madagascar averaged -2.80 percent of GDP from 2000 until 2022, reaching an all time high of -0.39 percent of GDP in 2006 and a record low of -4.65 percent of GDP in 2005. source: Central Bank of Madagascar

Government Budget in Madagascar is expected to reach -6.20 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Credit Rating 25.00 Jan 2025
Government Budget -4.50 -3.20 percent of GDP Dec 2022
Government Debt to GDP 38.20 36.20 percent of GDP Dec 2022
Holidays
Military Expenditure 102.10 98.10 USD Million Dec 2023

Madagascar Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.50 -3.20 -0.39 -4.65 2000 - 2022 percent of GDP Yearly