Bank nonperforming loans to total gross loans in Madagascar
Madagascar: Bank nonperforming loans to total gross loans was 7.6% in 2024. ▬ Flat
Bank nonperforming loans to total gross loans in Madagascar, 2005–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, bank nonperforming loans to total gross loans in Madagascar stood at 7.6%.
The figure is down 1.4% on the previous year and down 25.9% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Madagascar peaked at 12.2% in 2013 and was at its lowest, 6.4%, in 2006.
Madagascar ranks 30th of 150 countries on this measure, in the top quarter.
Bank nonperforming loans to total gross loans in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 7.6% | — |
| 2006 | 6.4% | -16.4% |
| 2007 | 7.4% | +16.1% |
| 2008 | 7.2% | -2.8% |
| 2009 | 8.8% | +22.5% |
| 2010 | 10.0% | +14.0% |
| 2011 | 11.8% | +17.9% |
| 2012 | 11.6% | -2.2% |
| 2013 | 12.2% | +5.3% |
| 2014 | 10.3% | -15.5% |
| 2015 | 9.3% | -9.6% |
| 2016 | 8.8% | -5.2% |
| 2017 | 8.1% | -7.7% |
| 2018 | 7.6% | -6.4% |
| 2019 | 7.3% | -3.6% |
| 2020 | 8.5% | +15.2% |
| 2021 | 9.1% | +7.6% |
| 2022 | 8.0% | -11.9% |
| 2023 | 7.7% | -3.6% |
| 2024 | 7.6% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 6.4% | 8.8% | 5 |
| 2010s | 9.7% | 7.3% | 12.2% | 10 |
| 2020s | 8.2% | 7.6% | 9.1% | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.96 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1185 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 65.22 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 8.84 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at market value) (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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 0.9111 % change on previous year (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Madagascar?
- Bank nonperforming loans to total gross loans in Madagascar was 7.6% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Madagascar?
- The highest recorded value was 12.2% in 2013.
- What is the lowest bank nonperforming loans to total gross loans recorded in Madagascar?
- The lowest recorded value was 6.4% in 2006.
- How does Madagascar rank for bank nonperforming loans to total gross loans?
- Madagascar ranks 30th out of 150 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Madagascar?
- Over the last ten years it is down 25.9%. The long-run trend across the full record is flat.
- Where does this Madagascar data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.