Private credit by deposit money banks and other financial in Madagascar
Madagascar: Private credit by deposit money banks and other financial was 17.4% in 2021. ▼ Falling
Private credit by deposit money banks and other financial in Madagascar, 1962–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Madagascar recorded 17.4% for private credit by deposit money banks and other financial in 2021. That is the highest value across all 60 years on record.
The figure is up 11.8% on the previous year and up 84.9% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Madagascar peaked at 17.4% in 2021 and was at its lowest, 6.7%, in 2002.
Madagascar ranks 153rd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 60 years of available data.
Private credit by deposit money banks and other financial in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1962 | 13.1% | — |
| 1963 | 14.0% | +7.0% |
| 1964 | 14.9% | +6.3% |
| 1965 | 13.6% | -8.8% |
| 1966 | 14.1% | +3.5% |
| 1967 | 15.6% | +10.7% |
| 1968 | 15.3% | -1.4% |
| 1969 | 15.0% | -2.0% |
| 1970 | 15.8% | +5.0% |
| 1971 | 16.5% | +4.7% |
| 1972 | 16.5% | -0.5% |
| 1973 | 15.2% | -8.0% |
| 1974 | 14.2% | -6.3% |
| 1975 | 13.7% | -3.7% |
| 1976 | 13.6% | -0.7% |
| 1977 | 14.9% | +9.7% |
| 1978 | 15.1% | +1.3% |
| 1979 | 16.3% | +8.1% |
| 1980 | 14.1% | -13.6% |
| 1981 | 13.3% | -5.8% |
| 1982 | 12.4% | -6.4% |
| 1983 | 12.2% | -2.1% |
| 1984 | 13.5% | +10.5% |
| 1985 | 14.4% | +7.0% |
| 1986 | 14.4% | +0.3% |
| 1987 | 14.5% | +0.7% |
| 1988 | 11.7% | -19.6% |
| 1989 | 11.4% | -2.2% |
| 1990 | 12.9% | +12.8% |
| 1991 | 14.3% | +10.6% |
| 1992 | 13.3% | -7.0% |
| 1993 | 13.7% | +2.9% |
| 1994 | 12.4% | -9.2% |
| 1995 | 9.5% | -23.6% |
| 1996 | 7.9% | -17.0% |
| 1997 | 8.3% | +5.4% |
| 1998 | 7.6% | -8.7% |
| 1999 | 7.2% | -4.7% |
| 2000 | 7.4% | +2.0% |
| 2001 | 7.0% | -5.1% |
| 2002 | 6.7% | -4.6% |
| 2003 | 7.5% | +13.2% |
| 2004 | 8.6% | +14.2% |
| 2005 | 8.5% | -1.3% |
| 2006 | 8.7% | +2.3% |
| 2007 | 8.8% | +0.6% |
| 2008 | 9.8% | +12.0% |
| 2009 | 10.2% | +4.4% |
| 2010 | 10.2% | -0.1% |
| 2011 | 9.4% | -7.8% |
| 2012 | 9.4% | +0.1% |
| 2013 | 10.2% | +7.9% |
| 2014 | 11.0% | +7.8% |
| 2015 | 11.5% | +4.5% |
| 2016 | 11.1% | -3.6% |
| 2017 | 12.6% | +14.3% |
| 2018 | 12.7% | +0.8% |
| 2019 | 13.6% | +7.2% |
| 2020 | 15.6% | +14.3% |
| 2021 | 17.4% | +11.8% |
Madagascar compared with similar countries
- Madagascar's 17.4% is above the median for low income countries, which is 13.8%, 1.3× the median. (23 countries reporting)
- Madagascar's 17.4% is above the median for Sub-Saharan Africa, which is 15.4%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.4% | 13.1% | 15.6% | 8 |
| 1970s | 15.2% | 13.6% | 16.5% | 10 |
| 1980s | 13.2% | 11.4% | 14.5% | 10 |
| 1990s | 10.7% | 7.2% | 14.3% | 10 |
| 2000s | 8.3% | 6.7% | 10.2% | 10 |
| 2010s | 11.2% | 9.4% | 13.6% | 10 |
| 2020s | 16.5% | 15.6% | 17.4% | 2 |
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 private credit by deposit money banks and other financial in Madagascar?
- Private credit by deposit money banks and other financial in Madagascar was 17.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Madagascar?
- The highest recorded value was 17.4% in 2021.
- What is the lowest private credit by deposit money banks and other financial recorded in Madagascar?
- The lowest recorded value was 6.7% in 2002.
- How does Madagascar rank for private credit by deposit money banks and other financial?
- Madagascar ranks 153rd out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Madagascar?
- Over the last ten years it is up 84.9%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)