Benin vs Madagascar

Benin vs Madagascar: Government debt

Government debt in 2025: 59.3% of GDP in Benin and 47.8% of GDP in Madagascar, by IMF estimates. In 2025 the value was higher in Benin, by 11.5 percentage points, or 1.24 times that in Madagascar.

% of GDP · IMF

Benin vs Madagascar: Government debtGovernment debt in 2025: 59.3% of GDP in Benin and 47.8% of GDP in Madagascar, by IMF estimates. In 2025 the value was higher in Benin, by 11.5 percentage points, or 1.24 times that in Madagascar.
BeninMadagascarIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Benin has been higher since 2021, when it overtook Madagascar.
  • In 2025, Benin ranked 58 and Madagascar ranked 85 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Benin at 50.3% of GDP and Madagascar at 49.7% of GDP in 2031.

Every year

% of GDP · IMF

YearBeninMadagascar
202559.347.8
202460.549.8
202361.352.2
202259.749.8
202155.649.4
202046.152.9
201940.441.3
201840.842.9
201739.440.1
201635.940.3
201530.944.1
201422.337.9
201318.536.2
201219.530.4
201121.930
20102132.3
200918.834.9
200818.331
200714.328.2
20068.432.2
20052774.4
200421.581.9
200323.485.9
200230.886.7
20013882.1
200039.690.2
199939.4104.1
199853.6108.5
1997–89.7
1996–98.7
1995–95.8
1994–96
1993–105.2
1992–110.9
1991–113.8
1990–92.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBeninMadagascar
202658.149.8
202756.550.6
202854.750.9
202953.150.9
203051.749.9
203150.349.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Benin vs Madagascar

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