Total Credit — Value US$, 2015 prices in Madagascar
Madagascar: Total Credit — Value US$, 2015 prices was 2,419 million USD in 2024. ◆ Volatile
Total Credit — Value US$, 2015 prices in Madagascar, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Madagascar recorded 2,419 million USD for total credit — value us$, 2015 prices in 2024.
The figure is up 1.6% on the previous year and up 88.8% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Madagascar peaked at 2,488 million USD in 2022 and was at its lowest, 475.26 million USD, in 2002.
Madagascar ranks 123rd of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$, 2015 prices in Madagascar, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 867.35 million USD | — |
| 1992 | 816.45 million USD | -5.9% |
| 1993 | 857.91 million USD | +5.1% |
| 1994 | 778.04 million USD | -9.3% |
| 1995 | 604.88 million USD | -22.3% |
| 1996 | 512.61 million USD | -15.3% |
| 1997 | 560.39 million USD | +9.3% |
| 1998 | 531.79 million USD | -5.1% |
| 1999 | 530.55 million USD | -0.2% |
| 2000 | 566.82 million USD | +6.8% |
| 2001 | 570.32 million USD | +0.6% |
| 2002 | 475.26 million USD | -16.7% |
| 2003 | 590.75 million USD | +24.3% |
| 2004 | 709.94 million USD | +20.2% |
| 2005 | 732.99 million USD | +3.2% |
| 2006 | 795.71 million USD | +8.6% |
| 2007 | 844.83 million USD | +6.2% |
| 2008 | 996.69 million USD | +18.0% |
| 2009 | 1,000 million USD | +0.4% |
| 2010 | 1,079 million USD | +7.8% |
| 2011 | 1,026 million USD | -4.9% |
| 2012 | 1,051 million USD | +2.4% |
| 2013 | 1,178 million USD | +12.1% |
| 2014 | 1,281 million USD | +8.8% |
| 2015 | 1,394 million USD | +8.8% |
| 2016 | 1,400 million USD | +0.4% |
| 2017 | 1,555 million USD | +11.1% |
| 2018 | 1,638 million USD | +5.3% |
| 2019 | 1,874 million USD | +14.4% |
| 2020 | 2,010 million USD | +7.3% |
| 2021 | 2,288 million USD | +13.8% |
| 2022 | 2,488 million USD | +8.7% |
| 2023 | 2,380 million USD | -4.3% |
| 2024 | 2,419 million USD | +1.6% |
Madagascar compared with similar countries
- Madagascar's 2,419 million USD is above the median for low income countries, which is 1,557 million USD, 1.6× the median. (21 countries reporting)
- Madagascar's 2,419 million USD is above the median for Sub-Saharan Africa, which is 1,755 million USD, 1.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 673.33 million USD | 512.61 million USD | 867.35 million USD | 9 |
| 2000s | 728.37 million USD | 475.26 million USD | 1,000 million USD | 10 |
| 2010s | 1,347 million USD | 1,026 million USD | 1,874 million USD | 10 |
| 2020s | 2,317 million USD | 2,010 million USD | 2,488 million USD | 5 |
Countries ranked near Madagascar
- 120 Montenegro 2,493 million USD compare
- 121 Kyrgyzstan 2,464 million USD compare
- 122 Niger 2,459 million USD compare
- 124 Maldives 2,177 million USD compare
- 125 Aruba 2,094 million USD compare
- 126 Mauritania 1,954 million USD compare
More agriculture & rural data for Madagascar
- Agriculture, forestry, and fishing, value added (current US$), annual 10.42 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.217 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 130.06 current US$ per person (2025)
- Rural population, annual growth rate 1.72 % change on previous year (2025)
- Rural population, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Rural population, per capita 0.671 units per person (2025)
- Share of GDP from agriculture 21.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 21.7% (2025)
- Agricultural raw materials exports 1.6% (2024)
- Agricultural raw materials imports 2.3% (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Madagascar?
- Total credit — value us$, 2015 prices in Madagascar was 2,419 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Madagascar?
- The highest recorded value was 2,488 million USD in 2022.
- What is the lowest total credit — value us$, 2015 prices recorded in Madagascar?
- The lowest recorded value was 475.26 million USD in 2002.
- How does Madagascar rank for total credit — value us$, 2015 prices?
- Madagascar ranks 123rd out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in Madagascar?
- Over the last ten years it is up 88.8%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.