Broad money growth in Madagascar
Madagascar: Broad money growth was 13.9% in 2024. ◆ Volatile
Broad money growth in Madagascar, 1963–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Madagascar is 13.9%, measured in 2024.
The figure is up 69.6% on the previous year and up 29.4% over ten years.
Over the whole period, broad money growth in Madagascar peaked at 52.6% in 1994 and was at its lowest, -9.1%, in 1983.
That places Madagascar 47th out of 166 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Madagascar, year by year
| Year | annual % | Change |
|---|---|---|
| 1963 | 4.0% | — |
| 1964 | 9.9% | +151.0% |
| 1965 | 6.9% | -30.9% |
| 1966 | 8.5% | +24.2% |
| 1967 | 15.7% | +84.2% |
| 1968 | 7.3% | -53.6% |
| 1969 | 9.3% | +27.7% |
| 1970 | 15.6% | +68.1% |
| 1971 | 6.1% | -60.7% |
| 1972 | 11.8% | +91.5% |
| 1973 | 3.9% | -66.5% |
| 1974 | 20.8% | +428.1% |
| 1975 | 1.9% | -91.0% |
| 1976 | 16.0% | +754.2% |
| 1977 | 13.6% | -14.6% |
| 1978 | 15.7% | +15.1% |
| 1979 | 10.2% | -34.9% |
| 1980 | 20.6% | +101.7% |
| 1981 | 23.9% | +16.2% |
| 1982 | 8.9% | -62.8% |
| 1983 | -9.1% | -202.2% |
| 1984 | 24.0% | -364.2% |
| 1985 | 13.3% | -44.8% |
| 1986 | 25.6% | +93.1% |
| 1987 | 18.4% | -28.0% |
| 1988 | 22.4% | +21.6% |
| 1989 | 33.7% | +50.1% |
| 1990 | 4.5% | -86.7% |
| 1991 | 31.1% | +594.2% |
| 1992 | 22.3% | -28.4% |
| 1993 | 24.2% | +8.8% |
| 1994 | 52.6% | +117.0% |
| 1995 | 16.2% | -69.1% |
| 1996 | 16.0% | -1.6% |
| 1997 | 20.8% | +30.5% |
| 1998 | 6.2% | -70.3% |
| 1999 | 19.2% | +209.7% |
| 2000 | 17.2% | -10.6% |
| 2001 | 23.8% | +38.9% |
| 2002 | 8.0% | -66.6% |
| 2003 | 8.8% | +10.8% |
| 2004 | 25.2% | +186.2% |
| 2005 | 2.2% | -91.1% |
| 2006 | 30.9% | +1276.1% |
| 2007 | 21.3% | -31.1% |
| 2008 | 12.2% | -42.6% |
| 2009 | 10.1% | -17.4% |
| 2010 | 11.8% | +16.3% |
| 2011 | 16.9% | +44.1% |
| 2012 | 7.6% | -55.3% |
| 2013 | 3.6% | -51.8% |
| 2014 | 10.8% | +195.5% |
| 2015 | 16.5% | +53.3% |
| 2016 | 18.5% | +11.8% |
| 2017 | 18.1% | -2.1% |
| 2018 | 12.0% | -33.9% |
| 2019 | 7.0% | -41.6% |
| 2020 | 11.0% | +58.3% |
| 2021 | 10.9% | -1.0% |
| 2022 | 13.7% | +25.6% |
| 2023 | 8.2% | -40.1% |
| 2024 | 13.9% | +69.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.8% | 4.0% | 15.7% | 7 |
| 1970s | 11.6% | 1.9% | 20.8% | 10 |
| 1980s | 18.2% | -9.1% | 33.7% | 10 |
| 1990s | 21.3% | 4.5% | 52.6% | 10 |
| 2000s | 16.0% | 2.2% | 30.9% | 10 |
| 2010s | 12.3% | 3.6% | 18.5% | 10 |
| 2020s | 11.6% | 8.2% | 13.9% | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Total reserves in months of imports, annual growth rate 0.9111 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- 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)
Frequently asked questions
- What is broad money growth in Madagascar?
- Broad money growth in Madagascar was 13.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Madagascar?
- The highest recorded value was 52.6% in 1994.
- What is the lowest broad money growth recorded in Madagascar?
- The lowest recorded value was -9.1% in 1983.
- How does Madagascar rank for broad money growth?
- Madagascar ranks 47th out of 166 countries with data for 2024.
- Is broad money growth rising or falling in Madagascar?
- Over the last ten years it is up 29.4%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.