Madagascar vs Tanzania: Currency in circulation outside of depository corporations

Madagascar
5.59 trillion Domestic currency
in 2024
Tanzania
6.49 trillion Domestic currency
in 2023
Madagascar rank
21st
Tanzania rank
18th

Currency in circulation outside of depository corporations over time

  • Madagascar
  • Tanzania
02.0T4.0T6.0T200120122024

How they compare

Tanzania currently reports 6.49 trillion Domestic currency against 5.59 trillion Domestic currency in Madagascar, a difference of 894.94 billion Domestic currency.

That makes Tanzania's figure about 1.2 times Madagascar's.

Across all 18 years both countries report, Tanzania has been ahead every year.

Madagascar ranks 21st and Tanzania ranks 18th of 145 countries.

Tanzania has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Madagascar Tanzania Difference Ahead
2000s 873.99 billion Domestic currency 1.30 trillion Domestic currency 426.48 billion Domestic currency Tanzania
2010s 2.20 trillion Domestic currency 3.18 trillion Domestic currency 974.75 billion Domestic currency Tanzania
2020s 4.29 trillion Domestic currency 5.43 trillion Domestic currency 1.13 trillion Domestic currency Tanzania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher currency in circulation outside of depository corporations, Madagascar or Tanzania?
Tanzania, at 6.49 trillion Domestic currency against 5.59 trillion Domestic currency in Madagascar as of 2023.
What is the difference in currency in circulation outside of depository corporations between Madagascar and Tanzania?
894.94 billion Domestic currency, with Tanzania ahead.
How many years of comparable data are there for Madagascar and Tanzania?
18 years are reported by both, from 2006 to 2023.
How do Madagascar and Tanzania rank globally for currency in circulation outside of depository corporations?
Madagascar ranks 21st and Tanzania ranks 18th of 145 countries.
Where does this data come from?
International Monetary Fund, published as Currency in circulation outside of depository corporations (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Tanzania: Currency in circulation outside of depository corporations. Statizoid, drawing on International Monetary Fund. Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/currency-in-circulation-outside-of-depository-corporations-domestic-currency/madagascar/tanzania/

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About this data

Indicator
Currency in circulation outside of depository corporations (Domestic currency)
Unit
Domestic currency
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
147 places, 3,301 data points, 1997–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.