Net domestic credit (current LCU), annual growth rate in Madagascar

Madagascar: Net domestic credit (current LCU), annual growth rate was 14.89 % change on previous year in 2024. ◆ Volatile

Latest (2024)
14.89 % change on previous year
Change on year
up 397.7%
World rank
54th
of 186 countries
All-time high
60.06 % change on previous year
in 1979
All-time low
-5 % change on previous year
in 2023
Years of data
62
1963–2024

Net domestic credit (current LCU), annual growth rate in Madagascar, 1963–2024

0204060196319932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Madagascar recorded 14.89 % change on previous year for net domestic credit (current lcu), annual growth rate in 2024.

The figure is up 397.7% on the previous year and down 4.1% over ten years.

Over the whole period, net domestic credit (current lcu), annual growth rate in Madagascar peaked at 60.06 % change on previous year in 1979 and was at its lowest, -5 % change on previous year, in 2023.

That places Madagascar 54th out of 186 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Net domestic credit (current LCU), annual growth rate in Madagascar, year by year

Annual values for Net domestic credit (current LCU), annual growth rate in Madagascar, 1963 to 2024.
Year % change on previous year Change
1963 34.35 % change on previous year
1964 13.19 % change on previous year -61.6%
1965 -2.18 % change on previous year -116.5%
1966 17.08 % change on previous year -884.6%
1967 22.92 % change on previous year +34.2%
1968 18.53 % change on previous year -19.2%
1969 21.22 % change on previous year +14.5%
1970 9.67 % change on previous year -54.4%
1971 13.39 % change on previous year +38.4%
1972 13.15 % change on previous year -1.8%
1973 -0.0382 % change on previous year -100.3%
1974 36.94 % change on previous year -96676.9%
1975 12.07 % change on previous year -67.3%
1976 14.44 % change on previous year +19.6%
1977 21.21 % change on previous year +46.9%
1978 22.71 % change on previous year +7.1%
1979 60.06 % change on previous year +164.4%
1980 50.42 % change on previous year -16.0%
1981 22.77 % change on previous year -54.8%
1982 16.26 % change on previous year -28.6%
1983 19.58 % change on previous year +20.4%
1984 17.75 % change on previous year -9.4%
1985 11.62 % change on previous year -34.5%
1986 10.49 % change on previous year -9.7%
1987 8.23 % change on previous year -21.6%
1988 -0.2852 % change on previous year -103.5%
1989 3.26 % change on previous year -1243.2%
1990 12.33 % change on previous year +278.1%
1991 14.35 % change on previous year +16.4%
1992 36.8 % change on previous year +156.6%
1993 17.57 % change on previous year -52.3%
1994 25.42 % change on previous year +44.7%
1995 -0.6034 % change on previous year -102.4%
1996 -1.31 % change on previous year +116.3%
1997 3.64 % change on previous year -379.1%
1998 31.84 % change on previous year +774.1%
1999 11.44 % change on previous year -64.1%
2000 13.19 % change on previous year +15.3%
2001 21.3 % change on previous year +61.5%
2002 14.1 % change on previous year -33.8%
2003 10.27 % change on previous year -27.2%
2004 0.8409 % change on previous year -91.8%
2005 5.83 % change on previous year +592.8%
2006 0.7811 % change on previous year -86.6%
2007 22.44 % change on previous year +2773.0%
2008 9.35 % change on previous year -58.4%
2009 23.38 % change on previous year +150.2%
2010 6.34 % change on previous year -72.9%
2011 25.57 % change on previous year +303.4%
2012 17.48 % change on previous year -31.6%
2013 26.61 % change on previous year +52.2%
2014 15.52 % change on previous year -41.7%
2015 18.31 % change on previous year +18.0%
2016 11.46 % change on previous year -37.4%
2017 14.52 % change on previous year +26.7%
2018 13.54 % change on previous year -6.8%
2019 15.09 % change on previous year +11.5%
2020 14.84 % change on previous year -1.7%
2021 17.65 % change on previous year +18.9%
2022 23.42 % change on previous year +32.7%
2023 -5 % change on previous year -121.4%
2024 14.89 % change on previous year -397.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.87 % change on previous year -2.18 % change on previous year 34.35 % change on previous year 7
1970s 20.36 % change on previous year -0.0382 % change on previous year 60.06 % change on previous year 10
1980s 16.01 % change on previous year -0.2852 % change on previous year 50.42 % change on previous year 10
1990s 15.15 % change on previous year -1.31 % change on previous year 36.8 % change on previous year 10
2000s 12.15 % change on previous year 0.7811 % change on previous year 23.38 % change on previous year 10
2010s 16.44 % change on previous year 6.34 % change on previous year 26.61 % change on previous year 10
2020s 13.16 % change on previous year -5 % change on previous year 23.42 % change on previous year 5

Countries ranked near Madagascar

  1. 51 Kuwait 15.75 % change on previous year compare
  2. 52 Israel 15.29 % change on previous year compare
  3. 53 Myanmar 15.1 % change on previous year compare
  4. 55 Benin 13.87 % change on previous year compare
  5. 56 Bosnia and Herzegovina 13.66 % change on previous year compare
  6. 57 India 13.56 % change on previous year compare

See the full ranking of 186 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is net domestic credit (current lcu), annual growth rate in Madagascar?
Net domestic credit (current lcu), annual growth rate in Madagascar was 14.89 % change on previous year in 2024, according to Statizoid (derived).
What is the highest net domestic credit (current lcu), annual growth rate recorded in Madagascar?
The highest recorded value was 60.06 % change on previous year in 1979.
What is the lowest net domestic credit (current lcu), annual growth rate recorded in Madagascar?
The lowest recorded value was -5 % change on previous year in 2023.
How does Madagascar rank for net domestic credit (current lcu), annual growth rate?
Madagascar ranks 54th out of 186 countries with data for 2024.
Is net domestic credit (current lcu), annual growth rate rising or falling in Madagascar?
Over the last ten years it is down 4.1%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Net domestic credit (current LCU), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/net-domestic-credit-current-lcu-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Net domestic credit (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,697 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.