Non-performing loans net of provisions to capital in Madagascar

Madagascar: Non-performing loans net of provisions to capital was 21.8% in 2024. ▲ Rising

Latest (2024)
21.8%
Change on year
down 8.7%
World rank
20th
of 138 countries
All-time high
42.0%
in 2021
All-time low
21.2%
in 2018
Years of data
20
2005–2024

Non-performing loans net of provisions to capital in Madagascar, 2005–2024

0102030402005201420242005: 24.82006: 21.92007: 23.82008: 24.12009: 30.62010: 31.62011: 32.82012: 28.12013: 342014: 29.42015: 28.22016: 23.42017: 23.82018: 21.22019: 222020: 32.62021: 422022: 36.42023: 23.92024: 21.8

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, non-performing loans net of provisions to capital in Madagascar stood at 21.8%.

Compared with earlier readings it is down 8.7% on the previous year and down 25.8% over ten years.

Over the whole period, non-performing loans net of provisions to capital in Madagascar peaked at 42.0% in 2021 and was at its lowest, 21.2%, in 2018.

Madagascar ranks 20th of 138 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Non-performing loans net of provisions to capital in Madagascar, year by year

Annual values for Non-performing loans net of provisions to capital (%) in Madagascar, 2005 to 2024.
Year Value Change
2005 24.8%
2006 21.9% -11.7%
2007 23.8% +9.0%
2008 24.1% +1.1%
2009 30.6% +26.9%
2010 31.6% +3.2%
2011 32.8% +4.1%
2012 28.1% -14.4%
2013 34.0% +20.9%
2014 29.4% -13.5%
2015 28.2% -4.0%
2016 23.4% -17.1%
2017 23.8% +1.6%
2018 21.2% -10.7%
2019 22.0% +3.9%
2020 32.6% +48.0%
2021 42.0% +28.7%
2022 36.4% -13.3%
2023 23.9% -34.5%
2024 21.8% -8.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.0% 21.9% 30.6% 5
2010s 27.5% 21.2% 34.0% 10
2020s 31.4% 21.8% 42.0% 5

Countries ranked near Madagascar

  1. 17 Congo 26.4% compare
  2. 18 Central African Republic 25.4% compare
  3. 19 Ukraine 22.1% compare
  4. 21 Ethiopia 21.3% compare
  5. 22 Ghana 18.1% compare
  6. 23 Solomon Islands 17.7% compare

See the full ranking of 149 places →

More development goals data for Madagascar

All data for Madagascar →

Frequently asked questions

What is non-performing loans net of provisions to capital in Madagascar?
Non-performing loans net of provisions to capital in Madagascar was 21.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans net of provisions to capital recorded in Madagascar?
The highest recorded value was 42.0% in 2021.
What is the lowest non-performing loans net of provisions to capital recorded in Madagascar?
The lowest recorded value was 21.2% in 2018.
How does Madagascar rank for non-performing loans net of provisions to capital?
Madagascar ranks 20th out of 138 countries with data for 2024.
Is non-performing loans net of provisions to capital rising or falling in Madagascar?
Over the last ten years it is down 25.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.

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Non-performing loans net of provisions to capital in Madagascar. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 31 August 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/madagascar/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,200 data points, 2000–2025
Last refreshed