Commercial banks and other lending (PPG + PNG) in Madagascar

Madagascar: Commercial banks and other lending (PPG + PNG) was 16.12 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
16.12 million NFL, current US$
Change on year
up 98.6%
World rank
40th
of 115 countries
All-time high
166.24 million NFL, current US$
in 1979
All-time low
-49.71 million NFL, current US$
in 1986
Years of data
52
1970–2024

Commercial banks and other lending (PPG + PNG) in Madagascar, 1970–2024

-50.0M050.0M100.0M150.0M197019972024

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

In 2024, commercial banks and other lending (ppg + png) in Madagascar stood at 16.12 million NFL, current US$.

Compared with earlier readings it is up 98.6% on the previous year and down 16.7% 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 40th out of 115 countries with data for 2024, 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) in Madagascar, year by year

Annual values for Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Madagascar, 1970 to 2024.
Year NFL, current US$ 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%

Averages by decade

DecadeAverage LowestHighest 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 -8.88 million NFL, current US$ -33.56 million NFL, current US$ 16.12 million NFL, current US$ 5

Countries ranked near Madagascar

  1. 37 Guinea 37.07 million NFL, current US$ compare
  2. 38 Tajikistan 29.12 million NFL, current US$ compare
  3. 39 Uganda 20.77 million NFL, current US$ compare
  4. 41 Algeria 12.51 million NFL, current US$ compare
  5. 42 Lesotho 11.24 million NFL, current US$ compare
  6. 43 Guinea-Bissau 2.95 million NFL, current US$ compare

See the full ranking of 127 places →

More external debt data for Madagascar

All data for Madagascar →

Frequently asked questions

What is commercial banks and other lending (ppg + png) in Madagascar?
Commercial banks and other lending (ppg + png) in Madagascar was 16.12 million NFL, current US$ in 2024, 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 40th out of 115 countries with data for 2024.
Is commercial banks and other lending (ppg + png) rising or falling in Madagascar?
Over the last ten years it is down 16.7%. 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.

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Commercial banks and other lending (PPG + PNG) in Madagascar. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 03 September 2026, from https://debt.statizoid.com/stat/commercial-banks-and-other-lending-ppg-png-nfl-current-us/madagascar/

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About this data

Indicator
Commercial banks and other lending (PPG + PNG) (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 4,641 data points, 1970–2024
Last refreshed

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).