Madagascar: Multilateral debt service (% of public and publicly guaranteed debt service)

Key figures

What the numbers say

In 2024, Madagascar's multilateral debt service (% of public and publicly guaranteed debt service) rose 15.97 percentage points on 2023 (from 58.68% to 74.65%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.38 percentage points and a typical year strayed about 11.83 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 26.93 percentage points in 2007 and the biggest yearly fall was 27.12 percentage points in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 3.03 percentage points a year. A straight line explains 74% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Madagascar had the 19th highest value of the 119 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Madagascar in the 2024 ranking

• Burkina Faso — 15th of 119: 77.19%
• Algeria — 16th of 119: 75.81%
• Zimbabwe — 17th of 119: 75.03%
• St. Vincent and the Grenadines — 19th of 119: 72.33%
• Sierra Leone — 20th of 119: 71.4%
• Bolivia — 21st of 119: 71.3%

What this measures

Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 55 values

Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies

• Angola — 4.98% (2024)
• Benin — 21.01% (2024)
• Botswana — 99.01% (2024)
• Burkina Faso — 77.19% (2024)
• Burundi — 68.46% (2024)
• Cabo Verde — 50.85% (2024)
• Cameroon — 26.9% (2024)
• Central African Republic — 58.45% (2024)

More economic policy & debt data for Madagascar

• General government final consumption expenditure (current US$) — US$2.87 billion (2025)
• General government final consumption expenditure (current LCU) — 12.99 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$1.53 billion (2025)
• General government final consumption expenditure (constant LCU) — 2.01 trillion (2025)
• General government final consumption expenditure (% of GDP) — 14.61% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$14.29 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 64.71 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Madagascar's multilateral debt service (% of public and publicly guaranteed debt service)?

74.65% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 67.62 percentage points from 7.03% in 1970. The highest value was 87.42% in 2007 and the lowest 5.09% in 1977.

How does Madagascar rank?

19th highest of 119 economies with data for 2024.

Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Madagascar?

In 2024, Madagascar's multilateral debt service (% of public and publicly guaranteed debt service) rose 15.97 percentage points on 2023 (from 58.68% to 74.65%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.38 percentage points and a typical year strayed about 11.83 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator DT.TDS.MLAT.PG.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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