🇲🇬 Madagascar vs 🇮🇳 India

Live side-by-side comparison of government debt. India currently owes about 328.8× as much as Madagascar — a gap of $3.35 trillion. Updated every second from each country's baseline figure; sources below.

Among the 135 governments tracked here, Madagascar ranks 83rd by debt-to-GDP and India 31st. Measured per person, Madagascar is 133rd and India 97th.

Analysis

By total government debt, Madagascar ranks 124th and India 8th among the 135 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 government debt in India is roughly 7.2× that in Madagascar ($2,274 vs $316 per person).

The debt-to-GDP picture is asymmetric here: India sits at 84% of GDP, well above Madagascar's 48%, 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 ($3K/sec vs $36/sec for Madagascar), adding roughly $214,444,800 to the difference each day.

Scale is part of the story too: India's population (1.48B) is about 45.7× Madagascar's (32M), 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.

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