Liquid liabilities to GDP (%) in Madagascar
Madagascar: Liquid liabilities to GDP (%) was 27.6% in 2021. ▲ Rising
Liquid liabilities to GDP in Madagascar, 1962–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Madagascar recorded 27.6% for liquid liabilities to gdp in 2021. That is the highest value across all 60 years on record.
The figure is up 2.5% on the previous year and up 29.3% over ten years.
Over the whole period, liquid liabilities to gdp in Madagascar peaked at 27.6% in 2021 and was at its lowest, 10.3%, in 1983.
Madagascar ranks 163rd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Liquid liabilities to GDP (%) in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1962 | 15.0% | — |
| 1963 | 15.3% | +1.7% |
| 1964 | 15.9% | +4.1% |
| 1965 | 16.4% | +2.9% |
| 1966 | 16.4% | +0.4% |
| 1967 | 17.8% | +8.6% |
| 1968 | 17.8% | -0.2% |
| 1969 | 18.1% | +1.4% |
| 1970 | 18.5% | +2.4% |
| 1971 | 18.2% | -1.4% |
| 1972 | 20.0% | +9.5% |
| 1973 | 19.1% | -4.6% |
| 1974 | 18.4% | -3.3% |
| 1975 | 17.7% | -3.9% |
| 1976 | 19.2% | +8.5% |
| 1977 | 20.1% | +4.4% |
| 1978 | 21.2% | +5.6% |
| 1979 | 19.1% | -9.9% |
| 1980 | 15.4% | -19.2% |
| 1981 | 16.3% | +5.3% |
| 1982 | 13.7% | -15.8% |
| 1983 | 10.3% | -24.6% |
| 1984 | 16.1% | +56.4% |
| 1985 | 16.6% | +3.2% |
| 1986 | 17.4% | +4.4% |
| 1987 | 18.2% | +4.8% |
| 1988 | 16.9% | -7.0% |
| 1989 | 19.3% | +14.2% |
| 1990 | 14.0% | -27.8% |
| 1991 | 17.5% | +25.3% |
| 1992 | 18.3% | +4.6% |
| 1993 | 21.0% | +15.0% |
| 1994 | 22.9% | +8.8% |
| 1995 | 17.7% | -22.6% |
| 1996 | 18.0% | +1.6% |
| 1997 | 20.7% | +15.1% |
| 1998 | 21.2% | +2.1% |
| 1999 | 22.7% | +7.0% |
| 2000 | 22.4% | -1.0% |
| 2001 | 18.9% | -16.0% |
| 2002 | 19.9% | +5.8% |
| 2003 | 20.1% | +0.8% |
| 2004 | 21.0% | +4.4% |
| 2005 | 17.3% | -17.5% |
| 2006 | 18.8% | +8.3% |
| 2007 | 19.4% | +3.7% |
| 2008 | 19.1% | -1.7% |
| 2009 | 20.7% | +8.4% |
| 2010 | 20.5% | -1.1% |
| 2011 | 21.4% | +4.1% |
| 2012 | 21.1% | -1.4% |
| 2013 | 20.3% | -3.4% |
| 2014 | 20.6% | +1.3% |
| 2015 | 21.6% | +4.9% |
| 2016 | 15.9% | -26.2% |
| 2017 | 25.6% | +60.2% |
| 2018 | 25.2% | -1.4% |
| 2019 | 23.9% | -5.1% |
| 2020 | 27.0% | +12.7% |
| 2021 | 27.6% | +2.5% |
Madagascar compared with similar countries
- Madagascar's 27.6% is below the median for low income countries, which is 31.2%, 88% of the median. (23 countries reporting)
- Madagascar's 27.6% is below the median for Sub-Saharan Africa, which is 29.1%, 95% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Liquid liabilities to GDP (%) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +60.2% | 15.9% | 25.6% |
| 1984 | +56.4% | 10.3% | 16.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.6% | 15.0% | 18.1% | 8 |
| 1970s | 19.1% | 17.7% | 21.2% | 10 |
| 1980s | 16.0% | 10.3% | 19.3% | 10 |
| 1990s | 19.4% | 14.0% | 22.9% | 10 |
| 2000s | 19.8% | 17.3% | 22.4% | 10 |
| 2010s | 21.6% | 15.9% | 25.6% | 10 |
| 2020s | 27.3% | 27.0% | 27.6% | 2 |
Countries ranked near Madagascar
- 160 South Sudan 28.3% compare
- 161 Azerbaijan 28.1% compare
- 162 Comoros 27.9% compare
- 164 Solomon Islands 27.3% compare
- 165 Rwanda 27.2% compare
- 166 Belarus 26.8% compare
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is liquid liabilities to gdp in Madagascar?
- Liquid liabilities to gdp in Madagascar was 27.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Madagascar?
- The highest recorded value was 27.6% in 2021.
- What is the lowest liquid liabilities to gdp recorded in Madagascar?
- The lowest recorded value was 10.3% in 1983.
- How does Madagascar rank for liquid liabilities to gdp?
- Madagascar ranks 163rd out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Madagascar?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.