Net domestic credit (current LCU) in Madagascar
Madagascar: Net domestic credit (current LCU) was 17.77 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
17.77 trillion current LCU
Change on year
up 14.9%
World rank
38th
of 187 countries
All-time high
17.77 trillion current LCU
in 2024
All-time low
2.42 billion current LCU
in 1962
Years of data
63
1962–2024
Net domestic credit in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net domestic credit in Madagascar stood at 17.77 trillion current LCU. That is the highest value across all 63 years on record.
The figure is up 14.9% on the previous year and up 259.1% over ten years.
Over the whole period, net domestic credit in Madagascar peaked at 17.77 trillion current LCU in 2024 and was at its lowest, 2.42 billion current LCU, in 1962.
That places Madagascar 38th out of 187 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1962 | 2.42 billion current LCU | — |
| 1963 | 3.25 billion current LCU | +34.4% |
| 1964 | 3.67 billion current LCU | +13.2% |
| 1965 | 3.59 billion current LCU | -2.2% |
| 1966 | 4.21 billion current LCU | +17.1% |
| 1967 | 5.17 billion current LCU | +22.9% |
| 1968 | 6.13 billion current LCU | +18.5% |
| 1969 | 7.43 billion current LCU | +21.2% |
| 1970 | 8.15 billion current LCU | +9.7% |
| 1971 | 9.24 billion current LCU | +13.4% |
| 1972 | 10.46 billion current LCU | +13.1% |
| 1973 | 10.45 billion current LCU | -0.0% |
| 1974 | 14.32 billion current LCU | +36.9% |
| 1975 | 16.04 billion current LCU | +12.1% |
| 1976 | 18.36 billion current LCU | +14.4% |
| 1977 | 22.25 billion current LCU | +21.2% |
| 1978 | 27.31 billion current LCU | +22.7% |
| 1979 | 43.71 billion current LCU | +60.1% |
| 1980 | 65.75 billion current LCU | +50.4% |
| 1981 | 80.72 billion current LCU | +22.8% |
| 1982 | 93.84 billion current LCU | +16.3% |
| 1983 | 112.22 billion current LCU | +19.6% |
| 1984 | 132.13 billion current LCU | +17.7% |
| 1985 | 147.48 billion current LCU | +11.6% |
| 1986 | 162.95 billion current LCU | +10.5% |
| 1987 | 176.35 billion current LCU | +8.2% |
| 1988 | 175.85 billion current LCU | -0.3% |
| 1989 | 181.59 billion current LCU | +3.3% |
| 1990 | 203.97 billion current LCU | +12.3% |
| 1991 | 233.23 billion current LCU | +14.3% |
| 1992 | 319.07 billion current LCU | +36.8% |
| 1993 | 375.12 billion current LCU | +17.6% |
| 1994 | 470.47 billion current LCU | +25.4% |
| 1995 | 467.63 billion current LCU | -0.6% |
| 1996 | 461.53 billion current LCU | -1.3% |
| 1997 | 478.34 billion current LCU | +3.6% |
| 1998 | 630.62 billion current LCU | +31.8% |
| 1999 | 702.80 billion current LCU | +11.4% |
| 2000 | 795.53 billion current LCU | +13.2% |
| 2001 | 965.01 billion current LCU | +21.3% |
| 2002 | 1.10 trillion current LCU | +14.1% |
| 2003 | 1.21 trillion current LCU | +10.3% |
| 2004 | 1.22 trillion current LCU | +0.8% |
| 2005 | 1.30 trillion current LCU | +5.8% |
| 2006 | 1.31 trillion current LCU | +0.8% |
| 2007 | 1.60 trillion current LCU | +22.4% |
| 2008 | 1.75 trillion current LCU | +9.3% |
| 2009 | 2.16 trillion current LCU | +23.4% |
| 2010 | 2.29 trillion current LCU | +6.3% |
| 2011 | 2.88 trillion current LCU | +25.6% |
| 2012 | 3.38 trillion current LCU | +17.5% |
| 2013 | 4.28 trillion current LCU | +26.6% |
| 2014 | 4.95 trillion current LCU | +15.5% |
| 2015 | 5.85 trillion current LCU | +18.3% |
| 2016 | 6.53 trillion current LCU | +11.5% |
| 2017 | 7.47 trillion current LCU | +14.5% |
| 2018 | 8.49 trillion current LCU | +13.5% |
| 2019 | 9.77 trillion current LCU | +15.1% |
| 2020 | 11.21 trillion current LCU | +14.8% |
| 2021 | 13.19 trillion current LCU | +17.6% |
| 2022 | 16.28 trillion current LCU | +23.4% |
| 2023 | 15.47 trillion current LCU | -5.0% |
| 2024 | 17.77 trillion current LCU | +14.9% |
Madagascar compared with similar countries
- Madagascar's 17.77 trillion current LCU is above the median for low income countries, which is 2.33 trillion current LCU, 7.6× the median. (24 countries reporting)
- Madagascar's 17.77 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 9.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.48 billion current LCU | 2.42 billion current LCU | 7.43 billion current LCU | 8 |
| 1970s | 18.03 billion current LCU | 8.15 billion current LCU | 43.71 billion current LCU | 10 |
| 1980s | 132.89 billion current LCU | 65.75 billion current LCU | 181.59 billion current LCU | 10 |
| 1990s | 434.28 billion current LCU | 203.97 billion current LCU | 702.80 billion current LCU | 10 |
| 2000s | 1.34 trillion current LCU | 795.53 billion current LCU | 2.16 trillion current LCU | 10 |
| 2010s | 5.59 trillion current LCU | 2.29 trillion current LCU | 9.77 trillion current LCU | 10 |
| 2020s | 14.79 trillion current LCU | 11.21 trillion current LCU | 17.77 trillion current LCU | 5 |
Countries ranked near Madagascar
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 in Madagascar?
- Net domestic credit in Madagascar was 17.77 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Madagascar?
- The highest recorded value was 17.77 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Madagascar?
- The lowest recorded value was 2.42 billion current LCU in 1962.
- How does Madagascar rank for net domestic credit?
- Madagascar ranks 38th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Madagascar?
- Over the last ten years it is up 259.1%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.