Financial Sector in Madagascar
36 indicators covering financial sector for Madagascar.
| Indicator | Latest | Year | 10-yr change | Rank |
|---|---|---|---|---|
| Net migration | -2,227 | 2025 | up 14.1% | 119th |
| Total reserves in months of imports | 5.5 | 2024 | up 160.7% | 62nd |
| Net domestic credit | 17.77 trillion current LCU | 2024 | up 259.1% | 38th |
| Domestic credit to private sector by banks | 16.3% | 2024 | up 40.0% | 150th |
| Net foreign assets | 10.30 trillion current LCU | 2024 | up 383.7% | 27th |
| Claims on central government, etc. | 5.7% | 2024 | up 29.5% | 122nd |
| Monetary Sector credit to private sector | 16.5% | 2024 | up 41.2% | 149th |
| Domestic credit to private sector | 16.5% | 2024 | up 41.2% | 152nd |
| Broad money | 27.3% | 2024 | up 28.2% | 144th |
| Official exchange rate | 4,530 LCU per US$, period average | 2025 | up 54.4% | 11th |
| Claims on private sector | 5.7% | 2024 | down 32.1% | 79th |
| Broad money | 21.72 trillion current LCU | 2024 | up 237.5% | 34th |
| Broad money growth | 13.9% | 2024 | up 29.4% | 47th |
| Claims on central government | 6.1% | 2024 | up 136.5% | 46th |
| GDP deflator: linked series | 358.35 base year varies by country | 2025 | up 102.7% | 28th |
| Inflation, GDP deflator: linked series | 8.4% | 2025 | up 28.8% | 33rd |
| Broad money to total reserves ratio | 1.72 | 2024 | down 50.0% | 137th |
| Total reserves | 41.9% | 2024 | up 60.3% | 45th |
| Interest rate spread | 47.9% | 2025 | up 14.0% | 1st |
| Deposit interest rate | 12.1% | 2025 | down 17.7% | 11th |
| Consumer price index | 280.82 2010 = 100 | 2025 | up 101.2% | 37th |
| Bank liquid reserves to bank assets ratio | 21.7% | 2024 | down 0.1% | 65th |
| Lending interest rate | 60.0% | 2025 | up 5.8% | 1st |
| Real interest rate | 47.6% | 2025 | up 1.0% | 2nd |
| Commercial bank branches | 2.71 per 100,000 adults | 2024 | up 48.9% | 168th |
| Automated teller machines (ATMs) | 3.02 per 100,000 adults | 2024 | up 53.8% | 180th |
| Claims on other sectors of the domestic economy | 6.0% | 2024 | down 32.5% | 75th |
| Bank nonperforming loans to total gross loans | 7.6% | 2024 | down 25.9% | 30th |
| International migrant stock | 0.1% | 2024 | unchanged | 210th |
| International migrant stock, total | 38,625 | 2024 | up 20.4% | 166th |
| Bank capital to assets ratio | 7.5% | 2024 | down 12.3% | 106th |
| Borrowers from commercial banks | 121.6 per 1,000 adults | 2024 | up 335.9% | 69th |
| Depositors with commercial banks | 466.59 per 1,000 adults | 2024 | up 709.6% | 70th |
| Risk premium on lending | 48.7% | 2025 | up 1.9% | 1st |
| Account ownership at a financial institution or with a mobile-money-se | 24.5% | 2024 | up 185.9% | 112th |
| Average transaction cost of sending remittances to a specific country | 2.9% | 2023 | down 69.0% | 48th |