Gross debt in Madagascar
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Madagascar in the period from 1998 to 2020 was between 1.8 billion and 6.0 billion USD. The highest level of the last years at 6 billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is in Madagascar a debt of 217 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.
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Gross debt of the last 22 years in billion USD
| Year | Madagascar total | Madagascar per capita | EU per capita |
|---|---|---|---|
| 1998 | 4.05 bn USD | 274 USD | 12,387 USD |
| 1999 | 3.87 bn USD | 253 USD | 12,342 USD |
| 2000 | 3.50 bn USD | 222 USD | 9,877 USD |
| 2001 | 3.72 bn USD | 229 USD | 9,894 USD |
| 2002 | 3.81 bn USD | 227 USD | 10,773 USD |
| 2003 | 4.70 bn USD | 272 USD | 13,433 USD |
| 2004 | 3.57 bn USD | 201 USD | 15,459 USD |
| 2005 | 3.75 bn USD | 204 USD | 16,095 USD |
| 2006 | 1.78 bn USD | 94 USD | 16,570 USD |
| 2007 | 2.07 bn USD | 107 USD | 18,334 USD |
| 2008 | 2.91 bn USD | 146 USD | 21,119 USD |
| 2009 | 3.35 bn USD | 163 USD | 22,222 USD |
| 2010 | 3.23 bn USD | 153 USD | 26,496 USD |
| 2011 | 3.46 bn USD | 159 USD | 29,231 USD |
| 2012 | 3.52 bn USD | 158 USD | 28,064 USD |
| 2013 | 4.50 bn USD | 196 USD | 29,836 USD |
| 2014 | 4.74 bn USD | 201 USD | 30,512 USD |
| 2015 | 4.99 bn USD | 206 USD | 25,813 USD |
| 2016 | 4.77 bn USD | 192 USD | 26,165 USD |
| 2017 | 5.29 bn USD | 207 USD | 26,931 USD |
| 2018 | 5.56 bn USD | 212 USD | 28,362 USD |
| 2019 | 5.44 bn USD | 202 USD | 27,095 USD |
| 2020 | 6.01 bn USD | 217 USD | 30,780 USD |
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