External loans and deposits of reporting banks vis-à-vis the banking in Madagascar
Madagascar: External loans and deposits of reporting banks vis-à-vis the banking was 13.5% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Madagascar, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Madagascar stood at 13.5%.
That represents a change of down 9.3% on the previous year and down 30.6% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Madagascar peaked at 74.5% in 2005 and was at its lowest, 10.9%, in 2017.
Madagascar ranks 80th of 180 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Madagascar, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 31.7% | — |
| 1996 | 37.4% | +18.2% |
| 1997 | 58.7% | +56.8% |
| 1998 | 33.8% | -42.3% |
| 1999 | 35.8% | +5.7% |
| 2000 | 40.4% | +13.1% |
| 2001 | 40.9% | +1.1% |
| 2002 | 52.7% | +29.0% |
| 2003 | 42.2% | -19.9% |
| 2004 | 26.5% | -37.2% |
| 2005 | 74.5% | +181.1% |
| 2006 | 68.4% | -8.2% |
| 2007 | 67.8% | -0.9% |
| 2008 | 22.5% | -66.8% |
| 2009 | 41.9% | +86.3% |
| 2010 | 32.2% | -23.2% |
| 2011 | 19.5% | -39.3% |
| 2012 | 17.8% | -8.8% |
| 2013 | 11.5% | -35.5% |
| 2014 | 16.1% | +39.9% |
| 2015 | 18.6% | +15.9% |
| 2016 | 28.7% | +54.4% |
| 2017 | 10.9% | -62.1% |
| 2018 | 14.7% | +35.0% |
| 2019 | 11.2% | -23.7% |
| 2020 | 14.9% | +33.2% |
| 2021 | 13.5% | -9.3% |
Madagascar compared with similar countries
- Madagascar's 13.5% is above the median for low income countries, which is 12.2%, 1.1× the median. (22 countries reporting)
- Madagascar's 13.5% is above the median for Sub-Saharan Africa, which is 9.6%, 1.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.5% | 31.7% | 58.7% | 5 |
| 2000s | 47.8% | 22.5% | 74.5% | 10 |
| 2010s | 18.1% | 10.9% | 32.2% | 10 |
| 2020s | 14.2% | 13.5% | 14.9% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the banking in Madagascar?
- External loans and deposits of reporting banks vis-à-vis the banking in Madagascar was 13.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Madagascar?
- The highest recorded value was 74.5% in 2005.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Madagascar?
- The lowest recorded value was 10.9% in 2017.
- How does Madagascar rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Madagascar ranks 80th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Madagascar?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.