Madagascar: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 12991.74 billion Malagasy Ariary as of June 2025, an increase compared to the previous value of 12739.79 billion Malagasy Ariary. Historically, the average for Madagascar from January 2015 to June 2025 is 7278.15 billion Malagasy Ariary. The minimum of 3256.86 billion Malagasy Ariary was recorded in January 2015, while the maximum of 12991.74 billion Malagasy Ariary was reached in June 2025. Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Malagasy Ariary
  • Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
  • Source: Central bank of Madagascar

Recent values Madagascar: Private sector credit, billion currency units
2025  Jun 12991.74
2025  May 12739.79
2025  Apr 12416.48
2025  Mar 12417.08
2025  Feb 12335.3
2025  Jan 12263.86
2024  Dec 12165.89
2024  Nov 12128.88


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Other resources:

All indicators for Madagascar

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 8.1 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 4,339.2521 9/2026 Local Currency Units per USD
 Money supply (broad money) 20,543.56 6/2025 billion
 Consumer Price Index (CPI) 200.2611 3/2026 index points
 Inflation, monthly 0.67 3/2026 percent
 Inflation, annual 6.77 3/2026 percent
 Private sector credit 12,991.74 6/2025 billion
 Business credit 8,125.19 6/2025 billion
 Household credit 4,866.54 6/2025 billion
 Deposit interest rate 6.84 6/2025 percent
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