Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Madagascar
Madagascar: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 4.16 trillion in 2024. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Madagascar, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding loans, commercial banks, of which: household sector loans in Madagascar is 4.16 trillion, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 14.8% on the previous year and up 544.0% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Madagascar peaked at 4.16 trillion in 2024 and was at its lowest, 68.98 billion, in 2004.
Madagascar ranks 23rd of 134 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 68.98 billion | — |
| 2005 | 263.30 billion | +281.7% |
| 2006 | 321.10 billion | +22.0% |
| 2007 | 397.72 billion | +23.9% |
| 2008 | 488.35 billion | +22.8% |
| 2009 | 505.87 billion | +3.6% |
| 2010 | 580.12 billion | +14.7% |
| 2011 | 574.52 billion | -1.0% |
| 2012 | 708.78 billion | +23.4% |
| 2013 | 900.65 billion | +27.1% |
| 2014 | 645.78 billion | -28.3% |
| 2015 | 758.25 billion | +17.4% |
| 2016 | 851.56 billion | +12.3% |
| 2017 | 1.03 trillion | +21.1% |
| 2018 | 1.08 trillion | +4.3% |
| 2019 | 1.77 trillion | +64.1% |
| 2020 | 2.06 trillion | +16.9% |
| 2021 | 2.60 trillion | +25.8% |
| 2022 | 3.08 trillion | +18.8% |
| 2023 | 3.62 trillion | +17.5% |
| 2024 | 4.16 trillion | +14.8% |
Madagascar compared with similar countries
- Madagascar's 4.16 trillion is above the median for low income countries, which is 221.74 billion, 18.8× the median. (10 countries reporting)
- Madagascar's 4.16 trillion is above the median for Sub-Saharan Africa, which is 211.43 billion, 19.7× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +281.7% | 68.98 billion | 263.30 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 340.89 billion | 68.98 billion | 505.87 billion | 6 |
| 2010s | 889.21 billion | 574.52 billion | 1.77 trillion | 10 |
| 2020s | 3.10 trillion | 2.06 trillion | 4.16 trillion | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Net domestic credit (current LCU), per capita 555,983 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,010 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 2.08 billion SDR (2024)
- Reserves excluding gold 2.14 billion SDR (2024)
- Total reserves (gold at market value) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (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 outstanding loans, commercial banks, of which: household sector loans in Madagascar?
- Outstanding loans, commercial banks, of which: household sector loans in Madagascar was 4.16 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Madagascar?
- The highest recorded value was 4.16 trillion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Madagascar?
- The lowest recorded value was 68.98 billion in 2004.
- How does Madagascar rank for outstanding loans, commercial banks, of which: household sector loans?
- Madagascar ranks 23rd out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Madagascar?
- Over the last ten years it is up 544.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.