Kenya vs Madagascar

Kenya vs Madagascar: Government debt

Government debt in 2025: 71.3% of GDP in Kenya and 47.8% of GDP in Madagascar, by IMF estimates. In 2025 the value was higher in Kenya, by 23.5 percentage points, or 1.49 times that in Madagascar.

% of GDP · IMF

Kenya vs Madagascar: Government debtGovernment debt in 2025: 71.3% of GDP in Kenya and 47.8% of GDP in Madagascar, by IMF estimates. In 2025 the value was higher in Kenya, by 23.5 percentage points, or 1.49 times that in Madagascar.
KenyaMadagascarIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Kenya has been higher since 2006, when it overtook Madagascar.
  • In 2025, Kenya ranked 36 and Madagascar ranked 85 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Kenya at 74% of GDP and Madagascar at 49.7% of GDP in 2031.

Every year

% of GDP · IMF

YearKenyaMadagascar
202571.347.8
202467.349.8
202373.452.2
202267.849.8
202168.249.4
20206852.9
201959.141.3
201856.542.9
201753.940.1
201650.440.3
201545.844.1
201441.337.9
201339.836.2
201237.630.4
201135.730
201036.732.3
20093634.9
200834.331
200734.228.2
200637.132.2
200537.474.4
200440.881.9
200343.885.9
20024286.7
200141.382.1
200043.190.2
199938.4104.1
199838.5108.5
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
YearKenyaMadagascar
202672.949.8
202773.850.6
202874.550.9
202974.450.9
203074.349.9
20317449.7

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

Kenya vs Madagascar

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