Madagascar: Short-term debt to reserves
* indicates monthly or quarterly data series
| Madagascar |
Short-term external debt, percent of international reserves |
|---|---|
| Latest value | 8.32 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1973 - 2022 |
| Average | 246.82 |
| Min - Max | 0.00 - 3,239.99 |
| Source | The World Bank |
The latest value from 2022 is 8.32 percent, a decline from 9.85 percent in 2021. In comparison, the world average is 43.27 percent, based on data from 85 countries. Historically, the average for Madagascar from 1973 to 2022 is 246.82 percent. The minimum value, 0 percent, was reached in 1973 while the maximum of 3239.99 percent was recorded in 1979.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 81.81 | 2021 | percent |
| Trade openness | 71.59 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 32.53 | 2023 | percent |
| Exports, billion dollars | 5.22 | 2023 | billion U.S. dollars |
| Growth of exports | 3.35 | 2023 | percent |
| Imports, percent of GDP | 39.06 | 2023 | percent |
| Imports, billion dollars | 6.26 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 3.06 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 0.47 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2022 | million dollars (current) |
| Current account, percent of GDP | -4.50 | 2023 | percent |
| Current account, in dollars | -0.83 | 2022 | billion U.S. dollars |
| Trade balance, percent of GDP | -8.86 | 2022 | percent |
| Trade balance, in dollars | -1.35 | 2022 | billion U.S. dollars |
| Reserves | 2.63 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 2.37 | 2023 | percent |
| Remittances | 380.00 | 2023 | million U.S. dollars |
| Net errors and omissions | -24.57 | 2022 | million USD |
| External debt | 39.91 | 2022 | percent |
| Short-term external debt | 3.03 | 2022 | percent |
| Short-term debt to reserves | 8.32 | 2022 | percent |
| Foreign exchange reserves | 2.50 | 5/2024 | billion |