Ethiopia vs Madagascar: Private credit by deposit money banks to GDP

Ethiopia
18.0%
in 2008
Madagascar
17.4%
in 2021
Ethiopia rank
150th
Madagascar rank
152nd

Private credit by deposit money banks to GDP over time

  • Ethiopia
  • Madagascar
05101520196119912021

How they compare

Ethiopia currently reports 18.0% against 17.4% in Madagascar, a difference of 0.6%.

The two have swapped places 1 time across 46 shared years of data; in 1962 it was Madagascar ahead.

Ethiopia ranks 150th and Madagascar ranks 152nd of 187 countries.

Across the 5 decades both report, Ethiopia averaged higher in 1 and Madagascar in 4.

Head to head by decade

Decade Ethiopia Madagascar Difference Ahead
1960s 3.0% 14.4% 11.5% Madagascar
1970s 4.8% 15.2% 10.4% Madagascar
1980s 2.1% 13.1% 11.0% Madagascar
1990s 8.3% 10.7% 2.4% Madagascar
2000s 18.4% 8.1% 10.3% Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Ethiopia or Madagascar?
Ethiopia, at 18.0% against 17.4% in Madagascar as of 2008.
What is the difference in private credit by deposit money banks to gdp between Ethiopia and Madagascar?
0.6%, with Ethiopia ahead.
How many years of comparable data are there for Ethiopia and Madagascar?
46 years are reported by both, from 1962 to 2008.
How do Ethiopia and Madagascar rank globally for private credit by deposit money banks to gdp?
Ethiopia ranks 150th and Madagascar ranks 152nd of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Madagascar: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/ethiopia/madagascar/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).