Bank credit to bank deposits in Madagascar
Madagascar: Bank credit to bank deposits was 86.9% in 2021. ▼ Falling
Bank credit to bank deposits in Madagascar, 1962–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Madagascar stood at 86.9%.
That represents a change of up 10.3% on the previous year and up 38.7% over ten years.
Over the whole period, bank credit to bank deposits in Madagascar peaked at 241.1% in 1962 and was at its lowest, 49.1%, in 2002.
Madagascar ranks 63rd of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Bank credit to bank deposits in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1962 | 241.1% | — |
| 1963 | 238.9% | -0.9% |
| 1964 | 240.8% | +0.8% |
| 1965 | 210.1% | -12.8% |
| 1966 | 198.7% | -5.4% |
| 1967 | 194.9% | -1.9% |
| 1968 | 184.8% | -5.2% |
| 1969 | 167.1% | -9.6% |
| 1970 | 171.1% | +2.4% |
| 1971 | 172.3% | +0.7% |
| 1972 | 156.5% | -9.1% |
| 1973 | 150.9% | -3.6% |
| 1974 | 142.8% | -5.3% |
| 1975 | 149.2% | +4.4% |
| 1976 | 124.4% | -16.6% |
| 1977 | 126.6% | +1.8% |
| 1978 | 114.6% | -9.5% |
| 1979 | 138.1% | +20.6% |
| 1980 | 156.0% | +12.9% |
| 1981 | 135.6% | -13.1% |
| 1982 | 150.6% | +11.1% |
| 1983 | 187.4% | +24.4% |
| 1984 | 182.5% | -2.6% |
| 1985 | 187.7% | +2.8% |
| 1986 | 167.2% | -10.9% |
| 1987 | 169.4% | +1.3% |
| 1988 | 145.2% | -14.3% |
| 1989 | 117.5% | -19.0% |
| 1990 | 143.4% | +22.0% |
| 1991 | 123.8% | -13.6% |
| 1992 | 104.9% | -15.2% |
| 1993 | 96.3% | -8.2% |
| 1994 | 81.4% | -15.5% |
| 1995 | 83.4% | +2.5% |
| 1996 | 71.1% | -14.7% |
| 1997 | 67.7% | -4.8% |
| 1998 | 66.3% | -2.1% |
| 1999 | 60.2% | -9.1% |
| 2000 | 62.8% | +4.3% |
| 2001 | 54.4% | -13.4% |
| 2002 | 49.1% | -9.8% |
| 2003 | 55.5% | +13.0% |
| 2004 | 58.4% | +5.3% |
| 2005 | 69.6% | +19.2% |
| 2006 | 64.3% | -7.7% |
| 2007 | 62.0% | -3.6% |
| 2008 | 70.0% | +12.9% |
| 2009 | 66.7% | -4.7% |
| 2010 | 68.7% | +3.1% |
| 2011 | 62.7% | -8.7% |
| 2012 | 62.6% | -0.2% |
| 2013 | 70.4% | +12.4% |
| 2014 | 75.4% | +7.1% |
| 2015 | 75.3% | -0.1% |
| 2016 | 69.3% | -7.9% |
| 2017 | 70.8% | +2.1% |
| 2018 | 73.8% | +4.3% |
| 2019 | 78.5% | +6.4% |
| 2020 | 78.9% | +0.4% |
| 2021 | 86.9% | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 209.6% | 167.1% | 241.1% | 8 |
| 1970s | 144.7% | 114.6% | 172.3% | 10 |
| 1980s | 159.9% | 117.5% | 187.7% | 10 |
| 1990s | 89.8% | 60.2% | 143.4% | 10 |
| 2000s | 61.3% | 49.1% | 70.0% | 10 |
| 2010s | 70.7% | 62.6% | 78.5% | 10 |
| 2020s | 82.9% | 78.9% | 86.9% | 2 |
Countries ranked near Madagascar
- 60 Bahrain 90.6% compare
- 61 Germany 89.4% compare
- 62 Kyrgyzstan 87.3% compare
- 64 Azerbaijan 86.4% compare
- 65 Kosovo 86.1% compare
- 65 Kosovo (UNSCR 1244) 86.1% compare
More financial sector data for Madagascar
- Net domestic credit (current LCU), per capita 555,983 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,010 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 2.08 billion SDR (2024)
- Reserves excluding gold 2.14 billion SDR (2024)
- Total reserves (gold at market value) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is bank credit to bank deposits in Madagascar?
- Bank credit to bank deposits in Madagascar was 86.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Madagascar?
- The highest recorded value was 241.1% in 1962.
- What is the lowest bank credit to bank deposits recorded in Madagascar?
- The lowest recorded value was 49.1% in 2002.
- How does Madagascar rank for bank credit to bank deposits?
- Madagascar ranks 63rd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Madagascar?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).