Madagascar: Business credit

* indicates monthly or quarterly data series
The most recent value is 6900.34 billion Malagasy Ariary as of March 2024, a decline compared to the previous value of 6911.1 billion Malagasy Ariary. Historically, the average for Madagascar from January 2015 to March 2024 is 4574.91 billion Malagasy Ariary. The minimum of 2392.48 billion Malagasy Ariary was recorded in January 2015, while the maximum of 7540.83 billion Malagasy Ariary was reached in December 2022. Click on the following link to see the values of: Business credit around the world.
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* indicates monthly or quarterly data series

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Recent values Madagascar: Business credit, billion currency units
2024  Mar 6900.34
2024  Feb 6911.1
2024  Jan 6875.2
2023  Dec 7275.63
2023  Nov 7145.59
2023  Oct 6987.49
2023  Sep 7083.3
2023  Aug 7048.15


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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 9.9 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 4,651.8303 11/2024 Local Currency Units per USD
 Money supply (broad money) 17,689.49 3/2024 billion
 Consumer Price Index (CPI) 177.1156 8/2024 index points
 Inflation, monthly 0.62 8/2024 percent
 Inflation, annual 7.83 8/2024 percent
 Private sector credit 11,059.97 3/2024 billion
 Business credit 6,900.34 3/2024 billion
 Household credit 4,159.63 3/2024 billion
 Deposit interest rate 4.92 3/2024 percent
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