Madagascar recorded a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Madagascar averaged -2.79 percent of GDP from 2000 until 2017, reaching an all time high of -0.39 percent of GDP in 2006 and a record low of -4.65 percent of GDP in 2005.
Government Budget in Madagascar is expected to be -2.88 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Government Budget is projected to trend around -2.75 percent of GDP in 2020, according to our econometric models.