Broad money in Madagascar
Madagascar: Broad money was 21.72 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
21.72 trillion current LCU
Change on year
up 13.9%
World rank
34th
of 167 countries
All-time high
21.72 trillion current LCU
in 2024
All-time low
5.31 billion current LCU
in 1962
Years of data
63
1962–2024
Broad money in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, broad money in Madagascar stood at 21.72 trillion current LCU. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 13.9% on the previous year and up 237.5% over ten years.
Over the whole period, broad money in Madagascar peaked at 21.72 trillion current LCU in 2024 and was at its lowest, 5.31 billion current LCU, in 1962.
Madagascar ranks 34th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1962 | 5.31 billion current LCU | — |
| 1963 | 5.52 billion current LCU | +4.0% |
| 1964 | 6.07 billion current LCU | +9.9% |
| 1965 | 6.48 billion current LCU | +6.9% |
| 1966 | 7.03 billion current LCU | +8.5% |
| 1967 | 8.14 billion current LCU | +15.7% |
| 1968 | 8.73 billion current LCU | +7.3% |
| 1969 | 9.54 billion current LCU | +9.3% |
| 1970 | 11.03 billion current LCU | +15.6% |
| 1971 | 11.71 billion current LCU | +6.1% |
| 1972 | 13.09 billion current LCU | +11.8% |
| 1973 | 13.60 billion current LCU | +3.9% |
| 1974 | 16.44 billion current LCU | +20.8% |
| 1975 | 16.74 billion current LCU | +1.9% |
| 1976 | 19.42 billion current LCU | +16.0% |
| 1977 | 22.06 billion current LCU | +13.6% |
| 1978 | 25.52 billion current LCU | +15.7% |
| 1979 | 28.13 billion current LCU | +10.2% |
| 1980 | 33.93 billion current LCU | +20.6% |
| 1981 | 42.04 billion current LCU | +23.9% |
| 1982 | 45.78 billion current LCU | +8.9% |
| 1983 | 41.62 billion current LCU | -9.1% |
| 1984 | 51.62 billion current LCU | +24.0% |
| 1985 | 58.47 billion current LCU | +13.3% |
| 1986 | 73.45 billion current LCU | +25.6% |
| 1987 | 87.00 billion current LCU | +18.4% |
| 1988 | 106.52 billion current LCU | +22.4% |
| 1989 | 142.40 billion current LCU | +33.7% |
| 1990 | 148.78 billion current LCU | +4.5% |
| 1991 | 195.07 billion current LCU | +31.1% |
| 1992 | 238.49 billion current LCU | +22.3% |
| 1993 | 296.25 billion current LCU | +24.2% |
| 1994 | 451.93 billion current LCU | +52.6% |
| 1995 | 525.22 billion current LCU | +16.2% |
| 1996 | 609.01 billion current LCU | +16.0% |
| 1997 | 735.79 billion current LCU | +20.8% |
| 1998 | 781.35 billion current LCU | +6.2% |
| 1999 | 931.22 billion current LCU | +19.2% |
| 2000 | 1.09 trillion current LCU | +17.2% |
| 2001 | 1.35 trillion current LCU | +23.8% |
| 2002 | 1.46 trillion current LCU | +8.0% |
| 2003 | 1.59 trillion current LCU | +8.8% |
| 2004 | 1.99 trillion current LCU | +25.2% |
| 2005 | 2.03 trillion current LCU | +2.2% |
| 2006 | 2.66 trillion current LCU | +30.9% |
| 2007 | 3.23 trillion current LCU | +21.3% |
| 2008 | 3.62 trillion current LCU | +12.2% |
| 2009 | 3.99 trillion current LCU | +10.1% |
| 2010 | 4.46 trillion current LCU | +11.8% |
| 2011 | 5.21 trillion current LCU | +16.9% |
| 2012 | 5.61 trillion current LCU | +7.6% |
| 2013 | 5.81 trillion current LCU | +3.6% |
| 2014 | 6.44 trillion current LCU | +10.8% |
| 2015 | 7.50 trillion current LCU | +16.5% |
| 2016 | 8.89 trillion current LCU | +18.5% |
| 2017 | 10.50 trillion current LCU | +18.1% |
| 2018 | 11.75 trillion current LCU | +12.0% |
| 2019 | 12.57 trillion current LCU | +7.0% |
| 2020 | 13.96 trillion current LCU | +11.0% |
| 2021 | 15.49 trillion current LCU | +10.9% |
| 2022 | 17.61 trillion current LCU | +13.7% |
| 2023 | 19.06 trillion current LCU | +8.2% |
| 2024 | 21.72 trillion current LCU | +13.9% |
Madagascar compared with similar countries
- Madagascar's 21.72 trillion current LCU is above the median for low income countries, which is 1.69 trillion current LCU, 12.9× the median. (24 countries reporting)
- Madagascar's 21.72 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.40 trillion current LCU, 15.6× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.10 billion current LCU | 5.31 billion current LCU | 9.54 billion current LCU | 8 |
| 1970s | 17.77 billion current LCU | 11.03 billion current LCU | 28.13 billion current LCU | 10 |
| 1980s | 68.28 billion current LCU | 33.93 billion current LCU | 142.40 billion current LCU | 10 |
| 1990s | 491.31 billion current LCU | 148.78 billion current LCU | 931.22 billion current LCU | 10 |
| 2000s | 2.30 trillion current LCU | 1.09 trillion current LCU | 3.99 trillion current LCU | 10 |
| 2010s | 7.87 trillion current LCU | 4.46 trillion current LCU | 12.57 trillion current LCU | 10 |
| 2020s | 17.57 trillion current LCU | 13.96 trillion current LCU | 21.72 trillion current LCU | 5 |
Countries ranked near Madagascar
- 31 Costa Rica 26.21 trillion current LCU compare
- 32 Democratic Republic of Congo 25.34 trillion current LCU compare
- 33 Cote d'Ivoire 24.53 trillion current LCU compare
- 35 Laos 21.30 trillion current LCU compare
- 36 Philippines 18.91 trillion current LCU compare
- 37 Angola 17.82 trillion current LCU compare
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money in Madagascar?
- Broad money in Madagascar was 21.72 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Madagascar?
- The highest recorded value was 21.72 trillion current LCU in 2024.
- What is the lowest broad money recorded in Madagascar?
- The lowest recorded value was 5.31 billion current LCU in 1962.
- How does Madagascar rank for broad money?
- Madagascar ranks 34th out of 167 countries with data for 2024.
- Is broad money rising or falling in Madagascar?
- Over the last ten years it is up 237.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. 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.