Outstanding Loans, Deposit-Taking Microfinance Institutions, of in Madagascar

Madagascar: Outstanding Loans, Deposit-Taking Microfinance Institutions, of was 349.67 billion in 2024. ◆ Volatile

Latest (2024)
349.67 billion
Change on year
down 21.8%
World rank
8th
of 23 countries
All-time high
446.88 billion
in 2023
All-time low
5.55 billion
in 2004
Years of data
21
2004–2024

Outstanding Loans, Deposit-Taking Microfinance Institutions, of in Madagascar, 2004–2024

0100.0B200.0B300.0B400.0B2004201420242004: 5.6B2005: 5.8B2006: 14.4B2007: 19.7B2008: 33.4B2009: 33.9B2010: 42.5B2011: 57.2B2012: 63.9B2013: 74.6B2014: 91.8B2015: 103.3B2016: 76.4B2017: 195.2B2018: 216.4B2019: 246.6B2020: 342.9B2021: 396.9B2022: 437.6B2023: 446.9B2024: 349.7B

Source: International Monetary Fund.

Analysis

The most recent figure for outstanding loans, deposit-taking microfinance institutions, of in Madagascar is 349.67 billion, measured in 2024.

Compared with earlier readings it is down 21.8% on the previous year and up 280.9% over ten years.

Over the whole period, outstanding loans, deposit-taking microfinance institutions, of in Madagascar peaked at 446.88 billion in 2023 and was at its lowest, 5.55 billion, in 2004.

Madagascar ranks 8th of 23 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.

Outstanding Loans, Deposit-Taking Microfinance Institutions, of in Madagascar, year by year

Annual values for Outstanding Loans, Deposit-Taking Microfinance Institutions, of Which: Household Sector Loans in Madagascar, 2004 to 2024.
Year Value Change
2004 5.55 billion
2005 5.79 billion +4.3%
2006 14.43 billion +149.3%
2007 19.74 billion +36.8%
2008 33.37 billion +69.0%
2009 33.85 billion +1.4%
2010 42.46 billion +25.4%
2011 57.17 billion +34.7%
2012 63.86 billion +11.7%
2013 74.62 billion +16.9%
2014 91.79 billion +23.0%
2015 103.34 billion +12.6%
2016 76.38 billion -26.1%
2017 195.23 billion +155.6%
2018 216.38 billion +10.8%
2019 246.59 billion +14.0%
2020 342.91 billion +39.1%
2021 396.88 billion +15.7%
2022 437.55 billion +10.2%
2023 446.88 billion +2.1%
2024 349.67 billion -21.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.79 billion 5.55 billion 33.85 billion 6
2010s 116.78 billion 42.46 billion 246.59 billion 10
2020s 394.78 billion 342.91 billion 446.88 billion 5

Countries ranked near Madagascar

  1. 5 Senegal 606.48 billion compare
  2. 6 Uganda 501.33 billion compare
  3. 7 Pakistan 444.29 billion compare
  4. 9 Togo 286.82 billion compare
  5. 10 Zimbabwe 284.44 billion compare
  6. 11 Armenia 214.68 billion compare

See the full ranking of 23 places →

More gender data for Madagascar

All data for Madagascar →

Frequently asked questions

What is outstanding loans, deposit-taking microfinance institutions, of in Madagascar?
Outstanding loans, deposit-taking microfinance institutions, of in Madagascar was 349.67 billion in 2024, according to International Monetary Fund.
What is the highest outstanding loans, deposit-taking microfinance institutions, of recorded in Madagascar?
The highest recorded value was 446.88 billion in 2023.
What is the lowest outstanding loans, deposit-taking microfinance institutions, of recorded in Madagascar?
The lowest recorded value was 5.55 billion in 2004.
How does Madagascar rank for outstanding loans, deposit-taking microfinance institutions, of?
Madagascar ranks 8th out of 23 countries with data for 2024.
Is outstanding loans, deposit-taking microfinance institutions, of rising or falling in Madagascar?
Over the last ten years it is up 280.9%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, published as part of Outstanding Loans, Deposit-Taking Microfinance Institutions, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.

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Outstanding Loans, Deposit-Taking Microfinance Institutions, of in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 04 September 2026, from https://gender.statizoid.com/stat/outstanding-loans-deposit-taking-microfinance-institutions-of-which-household-sector-loans/madagascar/

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About this data

Indicator
Outstanding Loans, Deposit-Taking Microfinance Institutions, of Which: Household Sector Loans
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
23 places, 296 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.