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Madagascar: Government deficit (% of GDP)

Percent of GDP · 1950–2025 · 67 observations · forecasts to 2031 · 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
2.54% (1950)low −11.0% (1980)

Government deficit (% of GDP)

Report error
-12%-10%-8%-6%-4%-2%0%2%4%1960198020002020MadagascarMadagascar
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-3.60Forecast
2030-3.81Forecast
2029-3.92Forecast
2028-3.85Forecast
2027-3.94Forecast
2026-4.61Forecast
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

This series is derived from other GMD variables.

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 →

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