Share of government expenditure going to interest payments in Madagascar

Madagascar: Share of government expenditure going to interest payments was 6.32 in 2023. ◆ Volatile

Latest (2023)
6.32
Change on year
up 13.9%
World rank
79th
of 152 countries
All-time high
23.92
in 2005
All-time low
4.78
in 2014
Years of data
21
2003–2023

Share of government expenditure going to interest payments in Madagascar, 2003–2023

5101520252003201320232003: 14.92004: 23.32005: 23.92006: 20.82007: 10.12008: 7.32009: 8.82010: 8.32011: 6.92012: 6.52013: 4.82014: 4.82015: 7.32016: 7.92017: 6.62018: 7.82019: 6.92020: 6.22021: 62022: 5.62023: 6.3

Source: Our World in Data.

Analysis

Madagascar recorded 6.32 for share of government expenditure going to interest payments in 2023.

The figure is up 13.9% on the previous year and up 31.5% over ten years.

Over the whole period, share of government expenditure going to interest payments in Madagascar peaked at 23.92 in 2005 and was at its lowest, 4.78, in 2014.

Madagascar ranks 79th of 152 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Madagascar, year by year

Annual values for Share of government expenditure going to interest payments in Madagascar, 2003 to 2023.
Year Value Change
2003 14.87
2004 23.3 +56.7%
2005 23.92 +2.6%
2006 20.78 -13.1%
2007 10.07 -51.6%
2008 7.33 -27.2%
2009 8.84 +20.6%
2010 8.27 -6.5%
2011 6.85 -17.1%
2012 6.47 -5.6%
2013 4.81 -25.7%
2014 4.78 -0.6%
2015 7.27 +52.2%
2016 7.93 +9.0%
2017 6.57 -17.2%
2018 7.83 +19.2%
2019 6.88 -12.0%
2020 6.2 -9.9%
2021 6.02 -2.9%
2022 5.55 -7.8%
2023 6.32 +13.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.59 7.33 23.92 7
2010s 6.77 4.78 8.27 10
2020s 6.02 5.55 6.32 4

Countries ranked near Madagascar

  1. 76 Hungary 6.64 compare
  2. 77 Tajikistan 6.39 compare
  3. 78 Uruguay 6.37 compare
  4. 80 Peru 6.09 compare
  5. 81 Mongolia 6.01 compare
  6. 82 Spain 5.91 compare

See the full ranking of 152 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is share of government expenditure going to interest payments in Madagascar?
Share of government expenditure going to interest payments in Madagascar was 6.32 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Madagascar?
The highest recorded value was 23.92 in 2005.
What is the lowest share of government expenditure going to interest payments recorded in Madagascar?
The lowest recorded value was 4.78 in 2014.
How does Madagascar rank for share of government expenditure going to interest payments?
Madagascar ranks 79th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Madagascar?
Over the last ten years it is up 31.5%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Madagascar. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/madagascar/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed