Madagascar: General government deficit (% of GDP)

Name: Madagascar: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1980–2025 · 46 observations · forecasts to 2031 · gen_govdef_GDP

2025: −2.21%percent of GDP
Change on 2024: +0.3 pointsfrom −2.49%
Average, 2016–2025: −2.71%10 years
Record high and low: −0.494% (1990)low −11.0% (1980)

General government deficit (% of GDP)

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ForecastPercent of GDP

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Recent values

Percent of GDP

Year	Value
2031	-3.60	Forecast
2030	-3.81	Forecast
2029	-3.92	Forecast
2028	-3.85	Forecast
2027	-3.94	Forecast
2026	-4.61	Forecast
2025	-2.21
2024	-2.49
2023	-4.15
2022	-5.45
2021	-2.83
2020	-3.96
2019	-1.42
2018	-1.34
2017	-2.10
2016	-1.11

Sources

IMF Fiscal Policy Panel1980–2023
IMF World Economic Outlook1980–2025
IMF WEO (forecast)2025–2031

Compare these sources →

Madagascar documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

General government deficit (% of GDP)

Recent values

Sources

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General government deficit (% of GDP) elsewhere