Domestic credit to private sector in Madagascar
Madagascar: Domestic credit to private sector was 16.2% in 2020. ▼ Falling
Domestic credit to private sector in Madagascar, 1962–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Madagascar stood at 16.2%.
The figure is up 14.7% on the previous year and up 49.0% over ten years.
Over the whole period, domestic credit to private sector in Madagascar peaked at 16.5% in 1971 and was at its lowest, 6.7%, in 2002.
That places Madagascar 155th out of 187 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 59 years of available data.
Domestic credit to private sector in Madagascar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 13.1% | — |
| 1963 | 14.0% | +7.0% |
| 1964 | 14.9% | +6.3% |
| 1965 | 13.6% | -8.8% |
| 1966 | 14.1% | +3.5% |
| 1967 | 15.6% | +10.7% |
| 1968 | 15.3% | -1.4% |
| 1969 | 15.0% | -2.0% |
| 1970 | 15.8% | +5.0% |
| 1971 | 16.5% | +4.7% |
| 1972 | 16.5% | -0.5% |
| 1973 | 15.2% | -8.0% |
| 1974 | 14.2% | -6.3% |
| 1975 | 13.7% | -3.7% |
| 1976 | 13.6% | -0.7% |
| 1977 | 14.9% | +9.7% |
| 1978 | 15.1% | +1.3% |
| 1979 | 16.3% | +8.1% |
| 1980 | 14.1% | -13.6% |
| 1981 | 13.3% | -5.8% |
| 1982 | 12.4% | -6.4% |
| 1983 | 12.2% | -2.1% |
| 1984 | 13.5% | +10.5% |
| 1985 | 14.4% | +7.0% |
| 1986 | 14.4% | +0.3% |
| 1987 | 14.5% | +0.7% |
| 1988 | 11.7% | -19.6% |
| 1989 | 11.4% | -2.2% |
| 1990 | 12.9% | +12.8% |
| 1991 | 14.3% | +10.6% |
| 1992 | 13.3% | -7.0% |
| 1993 | 13.7% | +2.9% |
| 1994 | 12.4% | -9.2% |
| 1995 | 9.5% | -23.6% |
| 1996 | 7.9% | -17.0% |
| 1997 | 8.3% | +5.4% |
| 1998 | 7.6% | -8.7% |
| 1999 | 7.2% | -4.7% |
| 2000 | 7.4% | +2.0% |
| 2001 | 7.0% | -5.1% |
| 2002 | 6.7% | -4.6% |
| 2003 | 7.5% | +13.2% |
| 2004 | 8.6% | +14.2% |
| 2005 | 8.5% | -1.3% |
| 2006 | 8.8% | +3.4% |
| 2007 | 8.8% | -0.1% |
| 2008 | 9.7% | +10.6% |
| 2009 | 10.1% | +4.5% |
| 2010 | 10.9% | +7.2% |
| 2011 | 10.2% | -6.3% |
| 2012 | 10.1% | -0.6% |
| 2013 | 11.1% | +9.6% |
| 2014 | 11.7% | +5.3% |
| 2015 | 12.3% | +5.5% |
| 2016 | 11.9% | -3.4% |
| 2017 | 12.7% | +6.9% |
| 2018 | 13.1% | +3.1% |
| 2019 | 14.1% | +7.8% |
| 2020 | 16.2% | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.4% | 13.1% | 15.6% | 8 |
| 1970s | 15.2% | 13.6% | 16.5% | 10 |
| 1980s | 13.2% | 11.4% | 14.5% | 10 |
| 1990s | 10.7% | 7.2% | 14.3% | 10 |
| 2000s | 8.3% | 6.7% | 10.1% | 10 |
| 2010s | 11.8% | 10.1% | 14.1% | 10 |
| 2020s | 16.2% | 16.2% | 16.2% | 1 |
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 domestic credit to private sector in Madagascar?
- Domestic credit to private sector in Madagascar was 16.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Madagascar?
- The highest recorded value was 16.5% in 1971.
- What is the lowest domestic credit to private sector recorded in Madagascar?
- The lowest recorded value was 6.7% in 2002.
- How does Madagascar rank for domestic credit to private sector?
- Madagascar ranks 155th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Madagascar?
- Over the last ten years it is up 49.0%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.