Net foreign assets in Madagascar
Madagascar: Net foreign assets was 10.30 trillion current LCU in 2024. ◆ Volatile
Net foreign assets in Madagascar, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net foreign assets in Madagascar stood at 10.30 trillion current LCU. That is the highest value across all 63 years on record.
The figure is up 23.1% on the previous year and up 383.7% over ten years.
Over the whole period, net foreign assets in Madagascar peaked at 10.30 trillion current LCU in 2024 and was at its lowest, -581.28 billion current LCU, in 1991.
Madagascar ranks 27th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.68 billion current LCU | 2.00 billion current LCU | 3.09 billion current LCU | 8 |
| 1970s | 1.78 billion current LCU | -8.74 billion current LCU | 3.87 billion current LCU | 10 |
| 1980s | -179.71 billion current LCU | -409.38 billion current LCU | -25.16 billion current LCU | 10 |
| 1990s | -31.68 billion current LCU | -581.28 billion current LCU | 284.97 billion current LCU | 10 |
| 2000s | 1.12 trillion current LCU | 339.38 billion current LCU | 2.30 trillion current LCU | 10 |
| 2010s | 3.23 trillion current LCU | 1.88 trillion current LCU | 4.93 trillion current LCU | 10 |
| 2020s | 6.72 trillion current LCU | 4.92 trillion current LCU | 10.30 trillion current LCU | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Domestic credit to private sector by banks 16.3% (2024)
- Total reserves in months of imports 5.5 (2024)
- Net domestic credit 17.77 trillion current LCU (2024)
- Monetary Sector credit to private sector 16.5% (2024)
- Broad money 27.3% (2024)
- Claims on central government, etc. 5.7% (2024)
- Domestic credit to private sector 16.5% (2024)
- Official exchange rate 4,530 LCU per US$, period average (2025)
- Net migration -2,227 (2025)
- Claims on central government 6.1% (2024)
Frequently asked questions
- What is net foreign assets in Madagascar?
- Net foreign assets in Madagascar was 10.30 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Madagascar?
- The highest recorded value was 10.30 trillion current LCU in 2024.
- What is the lowest net foreign assets recorded in Madagascar?
- The lowest recorded value was -581.28 billion current LCU in 1991.
- How does Madagascar rank for net foreign assets?
- Madagascar ranks 27th out of 186 countries with data for 2024.
- Is net foreign assets rising or falling in Madagascar?
- Over the last ten years it is up 383.7%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.