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
Net domestic credit (current LCU), annual growth rate in Madagascar, 1963–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
- 51 Kuwait 15.75 % change on previous year compare
- 52 Israel 15.29 % change on previous year compare
- 53 Myanmar 15.1 % change on previous year compare
- 55 Benin 13.87 % change on previous year compare
- 56 Bosnia and Herzegovina 13.66 % change on previous year compare
- 57 India 13.56 % change on previous year compare
More financial sector data for Madagascar
- Total reserves in months of imports, annual growth rate 0.9111 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.96 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1185 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 65.22 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 8.84 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at market value) (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 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.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
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
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.