Monetary Sector credit to private sector in Madagascar
Madagascar: Monetary Sector credit to private sector was 16.5% in 2024. ▼ Falling
Monetary Sector credit to private sector in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Madagascar recorded 16.5% for monetary sector credit to private sector in 2024.
The figure is down 2.7% on the previous year and up 41.2% over ten years.
Over the whole period, monetary sector credit to private sector in Madagascar peaked at 18.6% in 2022 and was at its lowest, 6.7%, in 2002.
Madagascar ranks 149th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 63 years of available data.
Monetary Sector credit to private sector in Madagascar, year by year
| Year | % 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 | 13.0% | +2.1% |
| 2019 | 14.2% | +9.6% |
| 2020 | 16.4% | +15.5% |
| 2021 | 17.9% | +8.8% |
| 2022 | 18.6% | +4.3% |
| 2023 | 16.9% | -9.1% |
| 2024 | 16.5% | -2.7% |
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% | 14.2% | 10 |
| 2020s | 17.3% | 16.4% | 18.6% | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Net domestic credit (current LCU), per capita 555,983 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,010 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 2.08 billion SDR (2024)
- Reserves excluding gold 2.14 billion SDR (2024)
- Total reserves (gold at market value) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (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 monetary sector credit to private sector in Madagascar?
- Monetary sector credit to private sector in Madagascar was 16.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Madagascar?
- The highest recorded value was 18.6% in 2022.
- What is the lowest monetary sector credit to private sector recorded in Madagascar?
- The lowest recorded value was 6.7% in 2002.
- How does Madagascar rank for monetary sector credit to private sector?
- Madagascar ranks 149th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Madagascar?
- Over the last ten years it is up 41.2%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.