Macedonia
revenues: $2.508 billion
expenditures: $2.487 billion (2007 est.)

Madagascar
revenues: $1.319 billion
expenditures: $1.629 billion (2007 est.)

Malawi
revenues: $1.128 billion
expenditures: $1.185 billion (2007 est.)

Malaysia
revenues: $40.69 billion
expenditures: $46.7 billion (2007 est.)

Maldives
revenues: $508 million (including foreign grants)
expenditures: $671 million (2006 est.)

Mali
revenues: $1.5 billion
expenditures: $1.8 billion (2006 est.)

Malta
revenues: $3.485 billion
expenditures: $3.554 billion (2007 est.)

Marshall Islands
revenues: $42 million
expenditures: $40 million (1999)

Mauritania
revenues: $421 million
expenditures: $378 million (2002 est.)

Mauritius
revenues: $1.344 billion
expenditures: $1.773 billion; including capital expenditures of $NA
(2007 est.)