Madagascar vs Tanzania: Domestic credit to private sector by banks

Madagascar
16.3%
in 2024
Tanzania
16.6%
in 2024
Madagascar rank
151st
Tanzania rank
150th

Domestic credit to private sector by banks over time

  • Madagascar
  • Tanzania
05101520196119922024

How they compare

Tanzania currently reports 16.6% against 16.3% in Madagascar, a difference of 0.3%.

The two have swapped places 3 times across 63 shared years of data; in 1962 it was Madagascar ahead.

Madagascar ranks 151st and Tanzania ranks 150th of 187 countries.

Across the 7 decades both report, Madagascar averaged higher in 6 and Tanzania in 1.

Head to head by decade

Decade Madagascar Tanzania Difference Ahead
1960s 14.4% 2.0% 12.4% Madagascar
1970s 15.2% 1.8% 13.4% Madagascar
1980s 13.2% 1.9% 11.3% Madagascar
1990s 10.7% 5.5% 5.1% Madagascar
2000s 8.3% 7.4% 0.8% Madagascar
2010s 11.7% 12.8% 1.1% Tanzania
2020s 17.1% 14.7% 2.5% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Madagascar or Tanzania?
Tanzania, at 16.6% against 16.3% in Madagascar as of 2024.
What is the difference in domestic credit to private sector by banks between Madagascar and Tanzania?
0.3%, with Tanzania ahead.
How many years of comparable data are there for Madagascar and Tanzania?
63 years are reported by both, from 1962 to 2024.
How do Madagascar and Tanzania rank globally for domestic credit to private sector by banks?
Madagascar ranks 151st and Tanzania ranks 150th of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Tanzania: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/madagascar/tanzania/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.