Madagascar—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #131 of 139Updated April 2026
Latest Value
10.8%
2023
YoY Change
+5.6%
2022 → 2023
Global Rank
#131
of 139 countries
Maximum
11.7%
2008
Minimum
8.8%
2009
CAGR
+0.8%
21 years
Last
10.8%
Previous
10.2%
Highest
11.7%
Lowest
8.8%
Source
World Bank World Development Indicators
Madagascar's government revenue (% of gdp) was 10.8% in 2023, ranking #131 out of 139 countries. This represents a +5.6% change from 2022. Over the past 21 years, the highest recorded value was 11.7% (2008) and the lowest was 8.8% (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 10.8% | +5.6% |
| 2022 | 10.2% | -9.1% |
| 2021 | 11.2% | +5.7% |
| 2020 | 10.6% | -8.3% |
| 2019 | 11.6% | +1.1% |
| 2018 | 11.4% | +5.2% |
| 2017 | 10.9% | +8.2% |
| 2016 | 10.1% | +2.7% |
| 2015 | 9.8% | +5.4% |
| 2014 | 9.3% | -2.6% |
| 2013 | 9.5% | +4.0% |
| 2012 | 9.2% | -5.4% |
| 2011 | 9.7% | -9.0% |
| 2010 | 10.6% | +21.4% |
| 2009 | 8.8% | -24.9% |
| 2008 | 11.7% | +14.0% |
| 2007 | 10.2% | +1.9% |
| 2006 | 10.1% | +6.7% |
| 2005 | 9.4% | -9.5% |
| 2004 | 10.4% | +13.4% |
| 2003 | 9.2% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).