Broad Money (Local Currency) rose 8.23% to MGA 19,064 bil in Madagascar in 2023

Broad Money (Local Currency) (MGA bil), 2023
Economy | Madagascar | September 1, 2025
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Broad money rose 8.23% to MGA 19,064 bil in Madagascar in 2023, according to the National Statistical Office.

Historically, broad money in Madagascar reached an all time high of MGA 19,064 bil in 2023 and an all time low of MGA 5.31 bil in 1962.

Madagascar has been ranked 23rd within the group of 107 countries we follow in terms of broad money, 9 places above the position seen 10 years ago.

Broad Money (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Botswana BWP bil 78.5 84.8 89.8 94.3 101
Kenya KES bil 3,676 3,898 4,415 4,689 5,042 ...
Lesotho LSL bil 13.4 12.2 14.3 ... ... ... ...
Madagascar MGA bil 11,751 12,571 13,959 15,486 17,615 ...
Malawi MWK bil 1,198 1,320 1,541 2,004 2,782 ...
Mozambique MZN bil 418 473 584 595 647 ...
Namibia NAD bil 104 115 125 133 ... ... ...
South Africa ZAR bil 3,547 3,764 4,119 4,354 4,730
Swaziland SZL bil 18.0 18.4 21.2 21.3 22.0 ... ...
Tanzania TNS bil 25,823 28,313 29,921 34,558 38,580 ...
Uganda UGX bil 23,395 27,109 31,753 33,352 35,854
Zambia ZMW bil 63.0 70.9 104 108 134 ...