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Madagascar Fiscal Balance
-2.2% GDPas of 2025
Madagascar's fiscal balance stands at -2.2% GDP as of 2025. The indicator has remained relatively stable from -2% in 2014 to -2.2% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -2% GDP | — |
| 2015 | -2.9% GDP | -0.9pp |
| 2016 | -1.1% GDP | +1.8pp |
| 2017 | -2.1% GDP | -1.0pp |
| 2018 | -1.3% GDP | +0.8pp |
| 2019 | -1.4% GDP | -0.1pp |
| 2020 | -4% GDP | -2.6pp |
| 2021 | -2.8% GDP | +1.2pp |
| 2022 | -5.5% GDP | -2.7pp |
| 2023 | -4.2% GDP | +1.3pp |
| 2024 | -2.5% GDP | +1.7pp |
| 2025 | -2.2% GDP | +0.3pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.