Madagascar: Primary government expenditures as a proportion of original approved budget (%)

Key figures

How it compares

In 2024, Madagascar had the 26th highest value of the 28 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

• Bulgaria — 23rd of 28: 85.91%
• Timor-Leste — 24th of 28: 78.4%
• Nepal — 25th of 28: 77.65%
• Cameroon — 27th of 28: 42.64%
• Nigeria — 28th of 28: 37.75%

What this measures

Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.

Limitations: Although not all countries have used the PEFA methodology on an annual basis for the PEFA PI-1 indicator, the methodology relies on standard data sets for approved and final budget outturns which are commonly produced at least annually in every country. The countries that have not used the methodology to date are primarily highly developed countries which would have less difficulty in providing the necessary data than those in the lower and middle income categories that have been primary users of Public Expenditure and Financial Accountability (PEFA) to date. (As of: 2024-07-29) One limitation of the indicator is that it is an aggregate indicator of budget reliability.

All 11 values

Primary government expenditures as a proportion of original approved budget (%) in nearby economies

• Angola — 73.48% (2023)
• Benin — 97.26% (2018)
• Botswana — 87.22% (2023)
• Burkina Faso — 95.82% (2016)
• Burundi — 112.38% (2023)
• Cabo Verde — 82.55% (2016)
• Cameroon — 42.64% (2024)
• Chad — 95.04% (2017)

More public sector data for Madagascar

• Military expenditure (current USD) — 119.68 million (2025)
• Military expenditure (current LCU) — 542.69 billion (2025)
• Military expenditure (% of GDP) — 0.62% (2025)
• Military expenditure (% of general government expenditure) — 3.8% (2025)
• Armed forces personnel, total — 22,000 (2020)
• Armed forces personnel (% of total labor force) — 0.15% (2020)
• Grants and other revenue (current LCU) — 2.24 trillion (2024)
• Grants and other revenue (% of revenue) — 19.46% (2024)
• Revenue, excluding grants (current LCU) — 9.73 trillion (2024)
• Revenue, excluding grants (% of GDP)

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Questions people ask

What is Madagascar's primary government expenditures as a proportion of original approved budget (%)?

60.6% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is down 18.62 percentage points from 79.22% in 2010. The highest value was 118.49% in 2016 and the lowest 60.6% in 2024.

How does Madagascar rank?

26th highest of 28 economies with data for 2024.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets..

Source

World Bank, World Development Indicators, indicator GF.XPD.BUDG.ZS, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets. 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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