Madagascar vs Niger

Madagascar vs Niger: Government debt

Government debt in 2025: 47.8% of GDP in Madagascar and 45.5% of GDP in Niger, by IMF estimates. In 2025 the value was higher in Madagascar, by 2.2 percentage points, or 1.05 times that in Niger.

% of GDP · IMF

Madagascar vs Niger: Government debtGovernment debt in 2025: 47.8% of GDP in Madagascar and 45.5% of GDP in Niger, by IMF estimates. In 2025 the value was higher in Madagascar, by 2.2 percentage points, or 1.05 times that in Niger.
MadagascarNigerIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Madagascar has been higher since 2023, when it overtook Niger.
  • In 2025, Madagascar ranked 85 and Niger ranked 90 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Madagascar at 49.7% of GDP and Niger at 43.4% of GDP in 2031.

Every year

% of GDP · IMF

YearMadagascarNiger
202547.845.5
202449.848.1
202352.251.4
202249.850.7
202149.451.3
202052.945
201941.339.8
201842.937
201740.136.5
201640.332.8
201544.129.9
201437.922.1
201336.219.6
201230.418.1
20113014.8
201032.315.1
200934.915.9
20083114.2
200728.217.8
200632.218.3
200574.449.5
200481.955.1
200385.960.6
200286.769
200182.174
200090.282.1
1999104.163.4
1998108.561.3
199789.769.1
199698.763.5
199595.869.4
199496–
1993105.2–
1992110.9–
1991113.8–
199092.7–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMadagascarNiger
202649.846.3
202750.645.4
202850.944.8
202950.944.2
203049.943.8
203149.743.4

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

Madagascar vs Niger

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