Madagascar recorded a Government Debt to GDP of 48.70 percent of the country's Gross Domestic Product in 2026. Government Debt to GDP in Madagascar averaged 50.21 percent of GDP from 2000 until 2026, reaching an all time high of 90.20 percent of GDP in 2000 and a record low of 28.20 percent of GDP in 2008. source: Direction Générale du Tresor
Government Debt to GDP in Madagascar is expected to reach 40.40 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Debt to GDP is projected to trend around 41.00 percent of GDP in 2027 and 42.50 percent of GDP in 2028, according to our econometric models.