Madagascar vs Somalia: Net domestic credit
Net domestic credit over time
- Madagascar
- Somalia
How they compare
Madagascar currently reports 17.77 trillion current LCU against 16.43 trillion current LCU in Somalia, a difference of 1.35 trillion current LCU.
That makes Madagascar's figure about 1.1 times Somalia's.
The two have swapped places 2 times across 35 shared years of data; in 1962 it was Madagascar ahead.
Madagascar ranks 38th and Somalia ranks 39th of 186 countries.
Across the 5 decades both report, Madagascar averaged higher in 4 and Somalia in 1.
Head to head by decade
| Decade | Madagascar | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.48 billion current LCU | 212.10 million current LCU | 4.27 billion current LCU | Madagascar |
| 1970s | 18.03 billion current LCU | 1.04 billion current LCU | 16.99 billion current LCU | Madagascar |
| 1980s | 132.89 billion current LCU | 23.82 billion current LCU | 109.06 billion current LCU | Madagascar |
| 2010s | 9.13 trillion current LCU | 3.23 trillion current LCU | 5.89 trillion current LCU | Madagascar |
| 2020s | 14.79 trillion current LCU | 15.63 trillion current LCU | 839.72 billion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, Madagascar or Somalia?
- Madagascar, at 17.77 trillion current LCU against 16.43 trillion current LCU in Somalia as of 2024.
- What is the difference in net domestic credit between Madagascar and Somalia?
- 1.35 trillion current LCU, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Somalia?
- 35 years are reported by both, from 1962 to 2024.
- How do Madagascar and Somalia rank globally for net domestic credit?
- Madagascar ranks 38th and Somalia ranks 39th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.