Broad Money (Domestic currency) in Madagascar
Madagascar: Broad Money (Domestic currency) was 21.72 trillion Domestic currency in 2024. ◆ Volatile
Broad Money in Madagascar, 2006–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Madagascar recorded 21.72 trillion Domestic currency for broad money in 2024. That is the highest value across all 19 years on record.
That represents a change of 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 Domestic currency in 2024 and was at its lowest, 2.66 trillion Domestic currency, in 2006.
Madagascar ranks 28th of 144 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 (Domestic currency) in Madagascar, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2006 | 2.66 trillion Domestic currency | — |
| 2007 | 3.23 trillion Domestic currency | +21.3% |
| 2008 | 3.62 trillion Domestic currency | +12.2% |
| 2009 | 3.99 trillion Domestic currency | +10.1% |
| 2010 | 4.46 trillion Domestic currency | +11.8% |
| 2011 | 5.21 trillion Domestic currency | +16.9% |
| 2012 | 5.61 trillion Domestic currency | +7.6% |
| 2013 | 5.81 trillion Domestic currency | +3.6% |
| 2014 | 6.44 trillion Domestic currency | +10.8% |
| 2015 | 7.50 trillion Domestic currency | +16.5% |
| 2016 | 8.89 trillion Domestic currency | +18.5% |
| 2017 | 10.50 trillion Domestic currency | +18.1% |
| 2018 | 11.75 trillion Domestic currency | +12.0% |
| 2019 | 12.57 trillion Domestic currency | +7.0% |
| 2020 | 13.96 trillion Domestic currency | +11.0% |
| 2021 | 15.49 trillion Domestic currency | +10.9% |
| 2022 | 17.61 trillion Domestic currency | +13.7% |
| 2023 | 19.06 trillion Domestic currency | +8.2% |
| 2024 | 21.72 trillion Domestic currency | +13.9% |
Madagascar compared with similar countries
- Madagascar's 21.72 trillion Domestic currency is above the median for low income countries, which is 1.88 trillion Domestic currency, 11.5× the median. (21 countries reporting)
- Madagascar's 21.72 trillion Domestic currency is above the median for Sub-Saharan Africa, which is 1.84 trillion Domestic currency, 11.8× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.37 trillion Domestic currency | 2.66 trillion Domestic currency | 3.99 trillion Domestic currency | 4 |
| 2010s | 7.87 trillion Domestic currency | 4.46 trillion Domestic currency | 12.57 trillion Domestic currency | 10 |
| 2020s | 17.57 trillion Domestic currency | 13.96 trillion Domestic currency | 21.72 trillion Domestic currency | 5 |
Countries ranked near Madagascar
- 25 Thailand 26.34 trillion Domestic currency compare
- 26 Costa Rica 26.21 trillion Domestic currency compare
- 27 Cote d'Ivoire 24.53 trillion Domestic currency compare
- 29 Philippines 18.91 trillion Domestic currency compare
- 30 Angola 17.82 trillion Domestic currency compare
- 31 Mexico 16.92 trillion Domestic currency 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 Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money recorded in Madagascar?
- The highest recorded value was 21.72 trillion Domestic currency in 2024.
- What is the lowest broad money recorded in Madagascar?
- The lowest recorded value was 2.66 trillion Domestic currency in 2006.
- How does Madagascar rank for broad money?
- Madagascar ranks 28th out of 144 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 Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.