Madagascar—Government Expense (% of GDP)
Madagascar's government expense (% of GDP) was 11.0% in 2023, ranking #131 out of 138 countries. This represents a +11.2% change from 2022. Over the past 21 years, the highest recorded value was 11.8% (2020) and the lowest was 7.7% (2009). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 11.0% | +11.2% |
| 2022 | 9.9% | -7.1% |
| 2021 | 10.7% | -9.4% |
| 2020 | 11.8% | +16.4% |
| 2019 | 10.1% | +3.1% |
| 2018 | 9.8% | -7.1% |
| 2017 | 10.6% | +13.7% |
| 2016 | 9.3% | -2.5% |
| 2015 | 9.6% | -3.0% |
| 2014 | 9.9% | +4.8% |
| 2013 | 9.4% | +7.4% |
| 2012 | 8.8% | -2.0% |
| 2011 | 8.9% | +4.2% |
| 2010 | 8.6% | +11.0% |
| 2009 | 7.7% | -18.5% |
| 2008 | 9.5% | -2.1% |
| 2007 | 9.7% | -3.2% |
| 2006 | 10.0% | +5.3% |
| 2005 | 9.5% | -12.5% |
| 2004 | 10.9% | +12.6% |
| 2003 | 9.6% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. 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
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP