Madagascar Government Revenues to GDP

General government revenue as a percentage of GDP.

Government Revenues to GDP in Madagascar increased to 13.73 percent of GDP in 2024 from 13.72 percent of GDP in 2023.

13.7%
▲ +0.0 pp2024 · previous 13.7%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Madagascar Government Revenues to GDP — History

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Madagascar Government Revenues to GDP — analysis in simple words

Latest reading

Government Revenues to GDP in Madagascar increased to 13.73 percent of GDP in 2024 from 13.72 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 13.7%, so the latest figure is 0.0 percentage points higher.

Over the past five years the average was 12.3%, with a range from 10.8% to 13.7%. The latest value is above that five-year average.

Historical context

This data series starts in 1980 and has 45 annual observations. The latest reading is higher than 87% of all of them.

The highest value on record is 17.5% (2004) and the lowest is 7.3% (1982). The long-run average is 11.3%.

Compared with other countries

Among 151 economies with recent data, Madagascar ranks 139th from the top. The median across all these economies is 27.2%, so Madagascar is below the typical country.

Within Sub-Saharan Africa (33 economies with data) it ranks 28th; the regional median is 17.4%.

Statistics

Latest
13.7%2024
Previous
13.7%
5-year average
12.3%
Long-run average
11.3%since 1980
All-time high
17.5%2004
All-time low
7.3%1982
Observations
45Annual

Recent Data

PeriodValueChange
202413.7%▲ +0.0 pp
202313.7%▲ +2.9 pp
202210.8%▼ −0.3 pp
202111.1%▼ −1.3 pp
202012.4%▼ −1.5 pp
201913.9%▲ +0.9 pp
201813.0%▲ +0.2 pp
201712.8%▲ +0.4 pp
201612.4%▲ +2.3 pp
201510.2%▼ −0.4 pp
201410.6%▲ +1.3 pp
20139.3%▲ +0.0 pp
20129.3%▼ −0.7 pp
201110.0%▼ −1.5 pp
201011.5%▲ +1.3 pp
200910.2%▼ −3.7 pp
200814.0%▲ +0.2 pp
200713.8%▲ +1.0 pp
200612.8%▼ −3.1 pp
200515.9%▼ −1.6 pp
200417.5%▲ +4.2 pp
200313.2%▲ +4.9 pp
20028.4%▼ −3.3 pp
200111.7%▼ −1.3 pp
200013.0%▼ −0.1 pp
199913.1%▲ +1.4 pp
199811.6%▼ −0.8 pp
199712.5%▲ +2.0 pp
199610.4%▲ +1.0 pp
19959.4%

Government Revenues to GDP — Madagascar vs Peers

Latest available reading for each economy (periods may differ). Madagascar highlighted.

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More Madagascar indicators

Understanding Government Revenues to GDP — a simple guide

What it measures

General government revenue as a percentage of GDP.

How it is calculated

Total government income (taxes, fees, other receipts) ÷ GDP × 100.

Simple example

20% means the government collects one-fifth of GDP.

▲ When it is high or rising

Higher revenue gives more room to spend without borrowing.

▼ When it is low or falling

Lower revenue limits spending capacity.

Why it matters for the economy and markets

Revenue capacity determines how much a state can spend without borrowing.

How to read it

Advanced economies typically collect a much larger share of GDP than emerging economies.

Data source

IMF — Public Finances in Modern History (series rev), annual data from 1980 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government revenues to gdp of Madagascar?
Madagascar government revenues to gdp was 13.7% in 2024, compared with 13.7% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government revenues to gdp of Madagascar?
Since 1980, the highest reading was 17.5% (2004) and the lowest was 7.3% (1982).
What does government revenues to gdp measure?
General government revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.