Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Madagascar
Madagascar: Commercial banks and other lending (PPG + PNG) (NFL, current US$) was -10.24 million NFL, current US$ in 2025. ◆ Volatile
Commercial banks and other lending (PPG + PNG) in Madagascar, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2025, commercial banks and other lending (ppg + png) in Madagascar stood at -10.24 million NFL, current US$.
Compared with earlier readings it is down 163.5% on the previous year and down 116.7% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Madagascar peaked at 166.24 million NFL, current US$ in 1979 and was at its lowest, -49.71 million NFL, current US$, in 1986.
That places Madagascar 78th out of 116 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Madagascar, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | -769,000 NFL, current US$ | — |
| 1971 | 1.74 million NFL, current US$ | -325.9% |
| 1972 | 5.97 million NFL, current US$ | +243.5% |
| 1973 | 170,000 NFL, current US$ | -97.2% |
| 1974 | -939,000 NFL, current US$ | -652.4% |
| 1975 | -940,000 NFL, current US$ | +0.1% |
| 1976 | 1.83 million NFL, current US$ | -294.4% |
| 1977 | 21.66 million NFL, current US$ | +1085.7% |
| 1978 | 18.69 million NFL, current US$ | -13.7% |
| 1979 | 166.24 million NFL, current US$ | +789.5% |
| 1980 | 139.74 million NFL, current US$ | -15.9% |
| 1981 | 63.16 million NFL, current US$ | -54.8% |
| 1982 | 48.10 million NFL, current US$ | -23.8% |
| 1983 | 74.25 million NFL, current US$ | +54.3% |
| 1984 | 3.27 million NFL, current US$ | -95.6% |
| 1985 | 588,000 NFL, current US$ | -82.0% |
| 1986 | -49.71 million NFL, current US$ | -8554.4% |
| 1987 | -15.25 million NFL, current US$ | -69.3% |
| 1988 | -14.64 million NFL, current US$ | -4.0% |
| 1989 | -16.91 million NFL, current US$ | +15.5% |
| 1990 | -15.00 million NFL, current US$ | -11.3% |
| 1991 | -10.81 million NFL, current US$ | -27.9% |
| 1992 | -8.36 million NFL, current US$ | -22.7% |
| 1993 | -8.01 million NFL, current US$ | -4.2% |
| 1994 | -4.93 million NFL, current US$ | -38.5% |
| 1995 | -4.06 million NFL, current US$ | -17.6% |
| 1996 | -4.83 million NFL, current US$ | +18.8% |
| 1997 | -1.36 million NFL, current US$ | -71.8% |
| 1998 | -753,000 NFL, current US$ | -44.6% |
| 1999 | -747,000 NFL, current US$ | -0.8% |
| 2000 | -421,000 NFL, current US$ | -43.6% |
| 2001 | -1.95 million NFL, current US$ | +364.1% |
| 2002 | -44,000 NFL, current US$ | -97.7% |
| 2004 | -1.09 million NFL, current US$ | +2372.7% |
| 2005 | -1.02 million NFL, current US$ | -6.6% |
| 2006 | -3.20 million NFL, current US$ | +214.8% |
| 2007 | -428,000 NFL, current US$ | -86.6% |
| 2008 | -565,000 NFL, current US$ | +32.0% |
| 2010 | -1.21 million NFL, current US$ | +114.5% |
| 2011 | -922,000 NFL, current US$ | -23.9% |
| 2012 | -2.33 million NFL, current US$ | +152.4% |
| 2013 | 19.36 million NFL, current US$ | -932.1% |
| 2015 | 61.46 million NFL, current US$ | +217.4% |
| 2016 | -15.38 million NFL, current US$ | -125.0% |
| 2017 | 68.25 million NFL, current US$ | -543.6% |
| 2018 | 97.63 million NFL, current US$ | +43.0% |
| 2019 | 8.64 million NFL, current US$ | -91.2% |
| 2020 | -9.89 million NFL, current US$ | -214.5% |
| 2021 | -33.56 million NFL, current US$ | +239.2% |
| 2022 | -25.20 million NFL, current US$ | -24.9% |
| 2023 | 8.12 million NFL, current US$ | -132.2% |
| 2024 | 16.12 million NFL, current US$ | +98.6% |
| 2025 | -10.24 million NFL, current US$ | -163.5% |
Madagascar compared with similar countries
- Madagascar's -10.24 million NFL, current US$ is below the median for Sub-Saharan Africa, which is -417,000 NFL, current US$, 24.6× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -8554.4% | 588,000 NFL, current US$ | -49.71 million NFL, current US$ |
| 2004 | -2372.7% | -44,000 NFL, current US$ | -1.09 million NFL, current US$ |
| 1977 | +1085.7% | 1.83 million NFL, current US$ | 21.66 million NFL, current US$ |
| 2013 | +932.1% | -2.33 million NFL, current US$ | 19.36 million NFL, current US$ |
| 1979 | +789.5% | 18.69 million NFL, current US$ | 166.24 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.36 million NFL, current US$ | -940,000 NFL, current US$ | 166.24 million NFL, current US$ | 10 |
| 1980s | 23.26 million NFL, current US$ | -49.71 million NFL, current US$ | 139.74 million NFL, current US$ | 10 |
| 1990s | -5.88 million NFL, current US$ | -15.00 million NFL, current US$ | -747,000 NFL, current US$ | 10 |
| 2000s | -1.09 million NFL, current US$ | -3.20 million NFL, current US$ | -44,000 NFL, current US$ | 8 |
| 2010s | 26.17 million NFL, current US$ | -15.38 million NFL, current US$ | 97.63 million NFL, current US$ | 9 |
| 2020s | -9.11 million NFL, current US$ | -33.56 million NFL, current US$ | 16.12 million NFL, current US$ | 6 |
Countries ranked near Madagascar
- 75 Botswana -5.10 million NFL, current US$ compare
- 76 Kyrgyzstan -7.15 million NFL, current US$ compare
- 77 Iran -7.84 million NFL, current US$ compare
- 79 Saint Kitts and Nevis -10.49 million NFL, current US$ compare
- 80 Bolivia -17.42 million NFL, current US$ compare
- 81 Niger -23.21 million NFL, current US$ compare
More external debt data for Madagascar
- Net financial flows, IBRD 0 NFL, current US$ (2000)
- IFC, private nonguaranteed (NFL, US$), per capita 1.14 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0021 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 43.93 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 10.45 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.019 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 565.13 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 1.48 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 5.67 billion DOD, current US$ (2025)
- External debt stocks, long-term 6.15 billion DOD, current US$ (2025)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Madagascar?
- Commercial banks and other lending (ppg + png) in Madagascar was -10.24 million NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Madagascar?
- The highest recorded value was 166.24 million NFL, current US$ in 1979.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Madagascar?
- The lowest recorded value was -49.71 million NFL, current US$ in 1986.
- How does Madagascar rank for commercial banks and other lending (ppg + png)?
- Madagascar ranks 78th out of 116 countries with data for 2025.
- Is commercial banks and other lending (ppg + png) rising or falling in Madagascar?
- Over the last ten years it is down 116.7%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).