Money in Madagascar
Madagascar: Money was 2.84 trillion in 2016. ◆ Volatile
Latest (2016)
2.84 trillion
Change on year
down 35.4%
World rank
26th
of 162 countries
All-time high
4.40 trillion
in 2015
All-time low
5.20 billion
in 1962
Years of data
55
1962–2016
Money in Madagascar, 1962–2016
Source: International Monetary Fund.
Analysis
The most recent figure for money in Madagascar is 2.84 trillion, measured in 2016.
Compared with earlier readings it is down 35.4% on the previous year and up 62.4% over ten years.
Over the whole period, money in Madagascar peaked at 4.40 trillion in 2015 and was at its lowest, 5.20 billion, in 1962.
Madagascar ranks 26th of 162 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 5.20 billion | — |
| 1963 | 5.37 billion | +3.2% |
| 1964 | 5.81 billion | +8.2% |
| 1965 | 6.17 billion | +6.2% |
| 1966 | 6.55 billion | +6.3% |
| 1967 | 7.31 billion | +11.5% |
| 1968 | 7.88 billion | +7.8% |
| 1969 | 8.31 billion | +5.4% |
| 1970 | 9.24 billion | +11.2% |
| 1971 | 9.39 billion | +1.6% |
| 1972 | 10.67 billion | +13.6% |
| 1973 | 11.46 billion | +7.5% |
| 1974 | 13.59 billion | +18.5% |
| 1975 | 13.87 billion | +2.1% |
| 1976 | 15.93 billion | +14.9% |
| 1977 | 18.77 billion | +17.8% |
| 1978 | 20.83 billion | +11.0% |
| 1979 | 24.85 billion | +19.3% |
| 1980 | 30.26 billion | +21.8% |
| 1981 | 38.76 billion | +28.1% |
| 1982 | 41.60 billion | +7.3% |
| 1983 | 38.53 billion | -7.4% |
| 1984 | 47.98 billion | +24.5% |
| 1985 | 47.72 billion | -0.6% |
| 1986 | 57.91 billion | +21.4% |
| 1987 | 74.36 billion | +28.4% |
| 1988 | 90.99 billion | +22.4% |
| 1989 | 119.67 billion | +31.5% |
| 1990 | 114.89 billion | -4.0% |
| 1991 | 150.51 billion | +31.0% |
| 1992 | 183.06 billion | +21.6% |
| 1993 | 204.88 billion | +11.9% |
| 1994 | 320.70 billion | +56.5% |
| 1995 | 369.60 billion | +15.2% |
| 1996 | 433.54 billion | +17.3% |
| 1997 | 532.79 billion | +22.9% |
| 1998 | 590.63 billion | +10.9% |
| 1999 | 710.07 billion | +20.2% |
| 2000 | 803.59 billion | +13.2% |
| 2001 | 1.05 trillion | +30.3% |
| 2002 | 1.13 trillion | +7.5% |
| 2003 | 1.17 trillion | +4.2% |
| 2004 | 1.40 trillion | +19.4% |
| 2005 | 1.41 trillion | +1.1% |
| 2006 | 1.75 trillion | +23.8% |
| 2007 | 2.07 trillion | +18.5% |
| 2008 | 2.26 trillion | +9.1% |
| 2009 | 2.40 trillion | +6.2% |
| 2010 | 2.62 trillion | +9.0% |
| 2011 | 3.25 trillion | +24.0% |
| 2012 | 3.39 trillion | +4.3% |
| 2013 | 3.55 trillion | +4.8% |
| 2014 | 3.91 trillion | +10.1% |
| 2015 | 4.40 trillion | +12.5% |
| 2016 | 2.84 trillion | -35.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.57 billion | 5.20 billion | 8.31 billion | 8 |
| 1970s | 14.86 billion | 9.24 billion | 24.85 billion | 10 |
| 1980s | 58.78 billion | 30.26 billion | 119.67 billion | 10 |
| 1990s | 361.07 billion | 114.89 billion | 710.07 billion | 10 |
| 2000s | 1.55 trillion | 803.59 billion | 2.40 trillion | 10 |
| 2010s | 3.42 trillion | 2.62 trillion | 4.40 trillion | 7 |
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 money in Madagascar?
- Money in Madagascar was 2.84 trillion in 2016, according to International Monetary Fund.
- What is the highest money recorded in Madagascar?
- The highest recorded value was 4.40 trillion in 2015.
- What is the lowest money recorded in Madagascar?
- The lowest recorded value was 5.20 billion in 1962.
- How does Madagascar rank for money?
- Madagascar ranks 26th out of 162 countries with data for 2016.
- Is money rising or falling in Madagascar?
- Over the last ten years it is up 62.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.