Net domestic credit in Madagascar
Madagascar: Net domestic credit was 17.77 trillion current LCU in 2024. ◆ Volatile
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 186 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.
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
- Domestic credit to private sector 16.5% (2024)
- Claims on central government, etc. 5.7% (2024)
- Broad money 27.3% (2024)
- Monetary Sector credit to private sector 16.5% (2024)
- Net foreign assets 10.30 trillion current LCU (2024)
- Total reserves in months of imports 5.5 (2024)
- Net migration -2,227 (2025)
- Domestic credit to private sector by banks 16.3% (2024)
- Official exchange rate 4,530 LCU per US$, period average (2025)
- Claims on central government 6.1% (2024)
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 186 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.