Madagascar's Debt-to-GDP Ratio

DEBT TO GDP RATIO (PERCENTAGE)


The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP).

World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Using the World Economics GDP Database it is possible to see more realistic debt levels for each country.

Madagascar's is officially reported as having a debt-to-GDP ratio of 54% by the IMF.

Using the World Economics GDP database, Madagascar's GDP would be $81 billion - 75% larger than official estimates, Madagascar's debt ratio would be smaller at 30.9%

Madagascar's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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All
Country Debt
% of GDP
Japan 232.8
Lebanon 215.2
Singapore 152.0
Greece 132.2
Sudan 127.6
Italy 115.9
United States 115.0
Libya 97.3
France 97.2
Canada 95.6
United Kingdom 94.6
Portugal 90.0
Belgium 88.9
Bahrain 88.5
Spain 88.3
Laos 84.6
Sri Lanka 80.7
Bhutan 78.4
Suriname 77.1
Jordan 73.6
Austria 68.7
China 66.5
Mauritius 66.1
Brazil 66.0
Finland 64.2
Argentina 62.5
Cyprus 61.7
Egypt 61.1
Ukraine 61.1
Bahamas, The 61.0
Tunisia 59.6
Germany 59.2
Zambia 57.9
Mozambique 57.5
Hungary 55.6
Slovenia 55.2
Mongolia 55.0
Malawi 54.1
Iceland 53.7
Congo, Rep. 53.3
Ghana 53.1
Morocco 52.9
Pakistan 52.4
India 52.2
Senegal 50.8
Jamaica 50.1
Zimbabwe 49.9
Sierra Leone 49.8
Costa Rica 49.7
South Africa 49.7
El Salvador 49.5
Slovak Republic 49.3
Croatia 49.2
Malaysia 48.7
Israel 48.1
Guinea-Bissau 47.7
Albania 47.5
Australia 47.2
Namibia 47.0
Algeria 46.9
Kenya 46.9
Togo 45.9
Bolivia 45.4
Netherlands 45.0
Uruguay 45.0
Angola 44.6
Dominican Republic 44.6
Korea, Rep. 44.1
Yemen, Rep. 43.9
Rwanda 43.4
Gambia 43.0
Malta 42.3
Thailand 41.9
New Zealand 41.8
Colombia 41.2
Romania 41.2
Poland 40.7
Philippines 40.6
Burundi 40.5
Burkina Faso 40.1
Lesotho 38.9
Mexico 38.6
North Macedonia 38.6
Ireland 38.0
Ecuador 37.3
Switzerland 36.7
Myanmar 36.1
Kyrgyzstan 35.9
Serbia 35.8
Benin 35.5
Cote d'Ivoire 35.5
Panama 34.8
Armenia 34.4
Qatar 33.3
Papua New Guinea 33.0
Liberia 32.8
Latvia 32.4
Mauritania 32.3
Norway 32.3
Chile 32.1
Belarus 32.0
Uganda 31.9
Gabon 31.7
Niger 31.2
Madagascar 30.9
Oman 30.0
Lithuania 29.6
Cameroon 28.6
Honduras 28.6
Sweden 28.4
Bangladesh 28.0
Nepal 27.8
Uzbekistan 27.6
Indonesia 27.5
Nicaragua 27.2
Mali 27.1
Georgia 27.0
Central African Republic 26.7
Paraguay 26.7
Tanzania 26.4
Denmark 26.2
Türkiye 26.2
Luxembourg 25.1
Eswatini 24.9
Moldova 24.9
Ethiopia 24.8
Tajikistan 24.4
United Arab Emirates 24.4
Chad 24.3
Comoros 24.3
Vietnam 24.2
Peru 22.1
Guyana 21.8
Taiwan 21.8
Bosnia and Herzegovina 21.5
Nigeria 20.5
Cambodia 20.1
Guatemala 19.0
Guinea 18.6
Kazakhstan 17.7
Estonia 17.6
Saudi Arabia 16.9
Bulgaria 16.4
Russia 15.4
Azerbaijan 13.3
Botswana 13.0
Haiti 12.0
Congo, Dem. Rep 6.9
Hong Kong 5.4
Turkmenistan 3.8
Afghanistan 3.6
Kuwait 2.4





Key:
Debt-to-GDP ratio expressed in percentage terms.

Grade definitions:
         A: Low debt
         B: Moderate debt
         C: High debt
         D: Very high debt
         E: Extremely high debt





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MADAGASCAR'S ECONOMICS
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