Claims on central government (annual growth as % of broad money) in Madagascar
Madagascar: Claims on central government (annual growth as % of broad money) was 6.1% in 2024. ◆ Volatile
Claims on central government in Madagascar, 1963–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
The most recent figure for claims on central government in Madagascar is 6.1%, measured in 2024.
That represents a change of up 209.1% on the previous year and up 136.5% over ten years.
Over the whole period, claims on central government in Madagascar peaked at 54.5% in 1980 and was at its lowest, -13.2%, in 2004.
That places Madagascar 43rd out of 167 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.
Claims on central government (annual growth as % of broad money) in Madagascar, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1963 | 6.7% | — |
| 1964 | -4.0% | -159.4% |
| 1965 | 3.8% | -195.9% |
| 1966 | -0.7% | -117.7% |
| 1967 | -1.9% | +186.1% |
| 1968 | 6.0% | -409.4% |
| 1969 | 9.9% | +65.1% |
| 1970 | -8.2% | -182.8% |
| 1971 | -1.4% | -83.1% |
| 1972 | 9.2% | -762.9% |
| 1973 | -0.3% | -103.1% |
| 1974 | 14.1% | -5052.2% |
| 1975 | 8.8% | -37.4% |
| 1976 | 9.2% | +3.9% |
| 1977 | 4.0% | -56.0% |
| 1978 | 18.8% | +365.9% |
| 1979 | 33.6% | +79.3% |
| 1980 | 54.5% | +61.9% |
| 1981 | 34.2% | -37.2% |
| 1982 | 14.1% | -58.7% |
| 1983 | 15.6% | +10.7% |
| 1984 | 16.0% | +2.3% |
| 1985 | 8.0% | -50.2% |
| 1986 | 6.2% | -22.6% |
| 1987 | -2.9% | -147.1% |
| 1988 | -5.0% | +71.4% |
| 1989 | -5.4% | +9.1% |
| 1990 | -8.1% | +49.5% |
| 1991 | 6.8% | -184.2% |
| 1992 | 38.5% | +463.6% |
| 1993 | 11.6% | -69.9% |
| 1994 | 13.6% | +17.0% |
| 1995 | -10.3% | -175.6% |
| 1996 | -2.1% | -79.5% |
| 1997 | -4.6% | +120.0% |
| 1998 | 20.3% | -538.5% |
| 1999 | 6.0% | -70.3% |
| 2000 | 0.1% | -99.1% |
| 2001 | 8.9% | +15680.0% |
| 2002 | 9.8% | +9.8% |
| 2003 | 5.1% | -47.8% |
| 2004 | -13.2% | -359.6% |
| 2005 | -5.6% | -57.5% |
| 2006 | -10.5% | +86.1% |
| 2007 | 3.4% | -132.2% |
| 2008 | -7.0% | -307.7% |
| 2009 | 7.2% | -202.7% |
| 2010 | -5.4% | -175.7% |
| 2011 | 10.6% | -295.5% |
| 2012 | 5.7% | -46.6% |
| 2013 | 7.7% | +35.5% |
| 2014 | 2.6% | -66.4% |
| 2015 | 5.6% | +118.2% |
| 2016 | 3.7% | -33.8% |
| 2017 | 2.6% | -29.9% |
| 2018 | 2.7% | +2.7% |
| 2019 | -0.2% | -108.4% |
| 2020 | 4.5% | -2118.5% |
| 2021 | 0.4% | -90.8% |
| 2022 | 8.3% | +1885.8% |
| 2023 | -5.6% | -167.2% |
| 2024 | 6.1% | -209.1% |
Madagascar compared with similar countries
- Madagascar's 6.1% is below the median for low income countries, which is 6.3%, 97% of the median. (24 countries reporting)
- Madagascar's 6.1% is above the median for Sub-Saharan Africa, which is 4.3%, 1.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Claims on central government (annual growth as % of broad money) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +15680.0% | 0.1% | 8.9% |
| 1974 | +5052.2% | -0.3% | 14.1% |
| 2020 | +2118.5% | -0.2% | 4.5% |
| 2022 | +1885.8% | 0.4% | 8.3% |
| 1972 | +762.9% | -1.4% | 9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.8% | -4.0% | 9.9% | 7 |
| 1970s | 8.8% | -8.2% | 33.6% | 10 |
| 1980s | 13.5% | -5.4% | 54.5% | 10 |
| 1990s | 7.2% | -10.3% | 38.5% | 10 |
| 2000s | -0.2% | -13.2% | 9.8% | 10 |
| 2010s | 3.6% | -5.4% | 10.6% | 10 |
| 2020s | 2.8% | -5.6% | 8.3% | 5 |
Countries ranked near Madagascar
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 claims on central government in Madagascar?
- Claims on central government in Madagascar was 6.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government recorded in Madagascar?
- The highest recorded value was 54.5% in 1980.
- What is the lowest claims on central government recorded in Madagascar?
- The lowest recorded value was -13.2% in 2004.
- How does Madagascar rank for claims on central government?
- Madagascar ranks 43rd out of 167 countries with data for 2024.
- Is claims on central government rising or falling in Madagascar?
- Over the last ten years it is up 136.5%. 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 Claims on central government (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. 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 represents the annual percentage growth in the ratio of claims to broad money.