Madagascar vs Zambia

Madagascar vs Zambia: Government debt

Government debt in 2025: 47.8% of GDP in Madagascar and 100.6% of GDP in Zambia, by IMF estimates. In 2025 the value was higher in Zambia, by 52.8 percentage points, or 2.11 times that in Madagascar.

% of GDP · IMF

Madagascar vs Zambia: Government debtGovernment debt in 2025: 47.8% of GDP in Madagascar and 100.6% of GDP in Zambia, by IMF estimates. In 2025 the value was higher in Zambia, by 52.8 percentage points, or 2.11 times that in Madagascar.
MadagascarZambiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Zambia has been higher since 2015, when it overtook Madagascar.
  • In 2025, Madagascar ranked 85 and Zambia ranked 13 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Madagascar at 49.7% of GDP and Zambia at 56.7% of GDP in 2031.

Every year

% of GDP · IMF

YearMadagascarZambia
202547.8100.6
202449.8125.5
202352.2136.8
202249.899.5
202149.4111
202052.9140
201941.3103.3
201842.981.2
201740.166.6
201640.361.2
201544.161.9
201437.933.9
201336.225.9
201230.424.9
20113020.8
201032.318.9
200934.920.5
20083119.2
200728.221.9
200632.225
200574.475.8
200481.9129.9
200385.9159.5
200286.7180.2
200182.1210.2
200090.2261
1999104.1–
1998108.5–
199789.7–
199698.7–
199595.8–
199496–
1993105.2–
1992110.9–
1991113.8–
199092.7–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMadagascarZambia
202649.882.1
202750.677
202850.972.3
202950.967.2
203049.961.9
203149.756.7

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

Madagascar vs Zambia

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment