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FX Denominated Bank Loans (Local Currency) in Madagascar

Source: IMF
Last Updated: January 27, 2022

Fx denominated bank loans reached MGA 1,085 bil in 2020 in Madagascar, according to the National Central Bank. This is 27.5% more than in the previous year.

Historically, FX denominated bank loans in Madagascar reached an all time high of MGA 1,085 bil in 2020 and an all time low of MGA 535 bil in 2013.

Madagascar has been ranked 25th within the group of 78 countries we follow in terms of FX denominated bank loans.

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