Net domestic credit (current LCU), per unit of GDP in Madagascar
Madagascar: Net domestic credit (current LCU), per unit of GDP was 1,010 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
1,010 current LCU per US$ of GDP
Change on year
up 4.7%
World rank
14th
of 186 countries
All-time high
1,061 current LCU per US$ of GDP
in 2022
All-time low
3.27 current LCU per US$ of GDP
in 1962
Years of data
63
1962–2024
Net domestic credit (current LCU), per unit of GDP in Madagascar, 1962–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Madagascar is 1,010 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 4.7% on the previous year and up 155.6% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Madagascar peaked at 1,061 current LCU per US$ of GDP in 2022 and was at its lowest, 3.27 current LCU per US$ of GDP, in 1962.
Madagascar ranks 14th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Madagascar, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1962 | 3.27 current LCU per US$ of GDP | — |
| 1963 | 4.27 current LCU per US$ of GDP | +30.8% |
| 1964 | 4.58 current LCU per US$ of GDP | +7.1% |
| 1965 | 4.31 current LCU per US$ of GDP | -5.8% |
| 1966 | 4.67 current LCU per US$ of GDP | +8.4% |
| 1967 | 5.41 current LCU per US$ of GDP | +15.7% |
| 1968 | 5.94 current LCU per US$ of GDP | +9.9% |
| 1969 | 7.04 current LCU per US$ of GDP | +18.4% |
| 1970 | 7.33 current LCU per US$ of GDP | +4.2% |
| 1971 | 7.71 current LCU per US$ of GDP | +5.1% |
| 1972 | 7.8 current LCU per US$ of GDP | +1.2% |
| 1973 | 6.32 current LCU per US$ of GDP | -18.9% |
| 1974 | 7.47 current LCU per US$ of GDP | +18.1% |
| 1975 | 7.03 current LCU per US$ of GDP | -5.9% |
| 1976 | 8.41 current LCU per US$ of GDP | +19.7% |
| 1977 | 9.43 current LCU per US$ of GDP | +12.1% |
| 1978 | 10.23 current LCU per US$ of GDP | +8.4% |
| 1979 | 12.62 current LCU per US$ of GDP | +23.4% |
| 1980 | 12.64 current LCU per US$ of GDP | +0.2% |
| 1981 | 16.96 current LCU per US$ of GDP | +34.2% |
| 1982 | 19.61 current LCU per US$ of GDP | +15.6% |
| 1983 | 23.94 current LCU per US$ of GDP | +22.1% |
| 1984 | 33.83 current LCU per US$ of GDP | +41.3% |
| 1985 | 38.78 current LCU per US$ of GDP | +14.7% |
| 1986 | 37.48 current LCU per US$ of GDP | -3.4% |
| 1987 | 54.89 current LCU per US$ of GDP | +46.5% |
| 1988 | 55.13 current LCU per US$ of GDP | +0.4% |
| 1989 | 57.18 current LCU per US$ of GDP | +3.7% |
| 1990 | 51.88 current LCU per US$ of GDP | -9.3% |
| 1991 | 71.66 current LCU per US$ of GDP | +38.1% |
| 1992 | 85.89 current LCU per US$ of GDP | +19.9% |
| 1993 | 92.32 current LCU per US$ of GDP | +7.5% |
| 1994 | 133.57 current LCU per US$ of GDP | +44.7% |
| 1995 | 121.84 current LCU per US$ of GDP | -8.8% |
| 1996 | 93.58 current LCU per US$ of GDP | -23.2% |
| 1997 | 112.21 current LCU per US$ of GDP | +19.9% |
| 1998 | 143.26 current LCU per US$ of GDP | +27.7% |
| 1999 | 164.29 current LCU per US$ of GDP | +14.7% |
| 2000 | 171.85 current LCU per US$ of GDP | +4.6% |
| 2001 | 177.44 current LCU per US$ of GDP | +3.3% |
| 2002 | 205.75 current LCU per US$ of GDP | +15.9% |
| 2003 | 190.53 current LCU per US$ of GDP | -7.4% |
| 2004 | 241.74 current LCU per US$ of GDP | +26.9% |
| 2005 | 221.13 current LCU per US$ of GDP | -8.5% |
| 2006 | 204.16 current LCU per US$ of GDP | -7.7% |
| 2007 | 187.55 current LCU per US$ of GDP | -8.1% |
| 2008 | 163 current LCU per US$ of GDP | -13.1% |
| 2009 | 224.28 current LCU per US$ of GDP | +37.6% |
| 2010 | 229.76 current LCU per US$ of GDP | +2.4% |
| 2011 | 249.31 current LCU per US$ of GDP | +8.5% |
| 2012 | 292.21 current LCU per US$ of GDP | +17.2% |
| 2013 | 344.81 current LCU per US$ of GDP | +18.0% |
| 2014 | 395.16 current LCU per US$ of GDP | +14.6% |
| 2015 | 517.06 current LCU per US$ of GDP | +30.8% |
| 2016 | 550.77 current LCU per US$ of GDP | +6.5% |
| 2017 | 567.2 current LCU per US$ of GDP | +3.0% |
| 2018 | 616.66 current LCU per US$ of GDP | +8.7% |
| 2019 | 692.36 current LCU per US$ of GDP | +12.3% |
| 2020 | 859.26 current LCU per US$ of GDP | +24.1% |
| 2021 | 919.13 current LCU per US$ of GDP | +7.0% |
| 2022 | 1,061 current LCU per US$ of GDP | +15.5% |
| 2023 | 964.61 current LCU per US$ of GDP | -9.1% |
| 2024 | 1,010 current LCU per US$ of GDP | +4.7% |
Madagascar compared with similar countries
- Madagascar's 1,010 current LCU per US$ of GDP is above the median for low income countries, which is 104.17 current LCU per US$ of GDP, 9.7× the median. (24 countries reporting)
- Madagascar's 1,010 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 99.93 current LCU per US$ of GDP, 10.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.94 current LCU per US$ of GDP | 3.27 current LCU per US$ of GDP | 7.04 current LCU per US$ of GDP | 8 |
| 1970s | 8.43 current LCU per US$ of GDP | 6.32 current LCU per US$ of GDP | 12.62 current LCU per US$ of GDP | 10 |
| 1980s | 35.04 current LCU per US$ of GDP | 12.64 current LCU per US$ of GDP | 57.18 current LCU per US$ of GDP | 10 |
| 1990s | 107.05 current LCU per US$ of GDP | 51.88 current LCU per US$ of GDP | 164.29 current LCU per US$ of GDP | 10 |
| 2000s | 198.74 current LCU per US$ of GDP | 163 current LCU per US$ of GDP | 241.74 current LCU per US$ of GDP | 10 |
| 2010s | 445.53 current LCU per US$ of GDP | 229.76 current LCU per US$ of GDP | 692.36 current LCU per US$ of GDP | 10 |
| 2020s | 962.91 current LCU per US$ of GDP | 859.26 current LCU per US$ of GDP | 1,061 current LCU per US$ of GDP | 5 |
Countries ranked near Madagascar
- 11 Colombia 2,123 current LCU per US$ of GDP compare
- 12 Mongolia 1,523 current LCU per US$ of GDP compare
- 13 Somalia 1,373 current LCU per US$ of GDP compare
- 15 Burundi 977.51 current LCU per US$ of GDP compare
- 16 Uganda 810.27 current LCU per US$ of GDP compare
- 17 Chile 781.99 current LCU per US$ of GDP 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 net domestic credit (current lcu), per unit of gdp in Madagascar?
- Net domestic credit (current lcu), per unit of gdp in Madagascar was 1,010 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Madagascar?
- The highest recorded value was 1,061 current LCU per US$ of GDP in 2022.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Madagascar?
- The lowest recorded value was 3.27 current LCU per US$ of GDP in 1962.
- How does Madagascar rank for net domestic credit (current lcu), per unit of gdp?
- Madagascar ranks 14th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Madagascar?
- Over the last ten years it is up 155.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.