Total Credit — Value Standard Local Currency in Madagascar
Madagascar: Total Credit — Value Standard Local Currency was 12.93 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Madagascar, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Madagascar recorded 12.93 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 34 years on record.
The figure is up 7.5% on the previous year and up 266.4% over ten years.
Over the whole period, total credit — value standard local currency in Madagascar peaked at 12.93 million million SLC in 2024 and was at its lowest, 163,967 million SLC, in 1991.
Madagascar ranks 30th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 276,977 million SLC | 163,967 million SLC | 391,326 million SLC | 9 |
| 2000s | 1.01 million million SLC | 447,964 million SLC | 1.91 million million SLC | 10 |
| 2010s | 4.08 million million SLC | 2.27 million million SLC | 7.25 million million SLC | 10 |
| 2020s | 10.92 million million SLC | 8.11 million million SLC | 12.93 million million SLC | 5 |
Countries ranked near Madagascar
More agriculture & rural data for Madagascar
- Agriculture share gdp 21.7 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 21.7 (2025)
- Agricultural raw materials exports 1.6% (2024)
- Agricultural raw materials imports 2.3% (2024)
- Rural population 67.1% (2025)
- Rural population growth 1.7% (2025)
- Rural population 21.97 million (2025)
- Agriculture, forestry, and fishing, value added 21.7% (2025)
- Agriculture, forestry, and fishing, value added 4.26 billion current US$ (2025)
- Cereal yield vs gdp per capita 2.43 (2023)
Frequently asked questions
- What is total credit — value standard local currency in Madagascar?
- Total credit — value standard local currency in Madagascar was 12.93 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Madagascar?
- The highest recorded value was 12.93 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Madagascar?
- The lowest recorded value was 163,967 million SLC in 1991.
- How does Madagascar rank for total credit — value standard local currency?
- Madagascar ranks 30th out of 174 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Madagascar?
- Over the last ten years it is up 266.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.