Madagascar: Domestic credit to the private sector

* indicates monthly or quarterly data series
 Madagascar

Domestic credit to the private sector, percent of GDP

 Latest value 16.20
 Year 2020
 Measure percent
 Data availability 1962 - 2020
 Average 12.26
 Min - Max 6.66 - 16.54
 Source The World Bank
The latest value from 2020 is 16.2 percent, an increase from 14.12 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for Madagascar from 1962 to 2020 is 12.26 percent. The minimum value, 6.66 percent, was reached in 2002 while the maximum of 16.54 percent was recorded in 1971. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Madagascar - Domestic credit to the private sector - Recent values chart

Historical series
Madagascar - Domestic credit to the private sector - historical chart - 1962-2020




Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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 Firms using credit to finance investment 13.00 2013 percent
 Small firms with bank credit 3.80 2013 percent
 Percent people with credit cards 0.96 2017 percent
 Percent people with debit cards 3.25 2017 percent
 Domestic credit to the private sector 16.20 2020 percent
 Bank credit to the private sector 16.74 2023 percent
 Liquid liabilities, percent of GDP 27.61 2021 percent
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 Financial system deposits, percent of GDP 20.05 2021 percent
 Bank credit to government 5.18 2020 percent
 Banking system concentration 81.81 2020 percent
 Foreign bank assets 100.00 2013 percent of total bank assets
 Percent people with bank accounts 9.57 2017 percent
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