Live side-by-side comparison of government debt. India currently owes about 544.3× more — a gap of $3.47 trillion. Updated every second from IMF baselines.
By total government debt, Madagascar ranks 126th-largest and India ranks 8th-largest among the 137 sovereigns tracked on this site.
On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in India is roughly 10.6× that in Madagascar ($2,415 vs $228 per person).
The debt-to-GDP picture is asymmetric here: India sits at 82% of GDP, well above Madagascar's 51%, meaning India owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.
The gap between them is widening: India's debt is growing faster in dollar terms ($7K/sec vs $9/sec for Madagascar), adding roughly $621,302,400 to the difference each day.
Scale is part of the story too: India's population (1.44B) is about 51.5× Madagascar's (28M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.
This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.