External loans and deposits of reporting banks vis-à-vis the in Madagascar
Madagascar: External loans and deposits of reporting banks vis-à-vis the was 25.5% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis the in Madagascar, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Madagascar recorded 25.5% for external loans and deposits of reporting banks vis-à-vis the in 2021. That is the lowest value across all 27 years on record.
That represents a change of down 14.7% on the previous year and down 22.2% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Madagascar peaked at 86.0% in 1995 and was at its lowest, 25.5%, in 2021.
Madagascar ranks 38th of 180 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis the in Madagascar, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 86.0% | — |
| 1996 | 72.6% | -15.5% |
| 1997 | 79.6% | +9.5% |
| 1998 | 79.8% | +0.3% |
| 1999 | 78.7% | -1.4% |
| 2000 | 61.8% | -21.5% |
| 2001 | 61.5% | -0.5% |
| 2002 | 56.3% | -8.4% |
| 2003 | 49.4% | -12.3% |
| 2004 | 62.1% | +25.8% |
| 2005 | 54.8% | -11.8% |
| 2006 | 54.8% | -0.1% |
| 2007 | 54.9% | +0.2% |
| 2008 | 44.4% | -19.0% |
| 2009 | 58.4% | +31.3% |
| 2010 | 38.1% | -34.7% |
| 2011 | 32.7% | -14.2% |
| 2012 | 34.2% | +4.5% |
| 2013 | 32.3% | -5.4% |
| 2014 | 30.8% | -4.8% |
| 2015 | 34.1% | +10.8% |
| 2016 | 52.5% | +53.9% |
| 2017 | 33.6% | -35.9% |
| 2018 | 32.3% | -3.9% |
| 2019 | 30.2% | -6.7% |
| 2020 | 29.8% | -1.0% |
| 2021 | 25.5% | -14.7% |
Madagascar compared with similar countries
- Madagascar's 25.5% is above the median for low income countries, which is 11.4%, 2.2× the median. (21 countries reporting)
- Madagascar's 25.5% is above the median for Sub-Saharan Africa, which is 12.9%, 2.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.4% | 72.6% | 86.0% | 5 |
| 2000s | 55.9% | 44.4% | 62.1% | 10 |
| 2010s | 35.1% | 30.2% | 52.5% | 10 |
| 2020s | 27.6% | 25.5% | 29.8% | 2 |
Countries ranked near Madagascar
- 35 Singapore 28.6% compare
- 36 Eswatini 27.8% compare
- 37 Solomon Islands 27.5% compare
- 39 Malawi 25.3% compare
- 40 Mozambique 24.9% compare
- 41 Netherlands 24.2% 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 external loans and deposits of reporting banks vis-à-vis the in Madagascar?
- External loans and deposits of reporting banks vis-à-vis the in Madagascar was 25.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Madagascar?
- The highest recorded value was 86.0% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Madagascar?
- The lowest recorded value was 25.5% in 2021.
- How does Madagascar rank for external loans and deposits of reporting banks vis-à-vis the?
- Madagascar ranks 38th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Madagascar?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- 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 nonbanking sectors (% 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 7B: 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.