Madagascar: Money supply (broad money)

* indicates monthly or quarterly data series
The most recent value is 20543.56 billion Malagasy Ariary as of June 2025, an increase compared to the previous value of 20404.51 billion Malagasy Ariary. Historically, the average for Madagascar from January 2018 to June 2025 is 14063.15 billion Malagasy Ariary. The minimum of 9404.16 billion Malagasy Ariary was recorded in January 2018, while the maximum of 20543.56 billion Malagasy Ariary was reached in June 2025. Click on the following link to see the values of: Money supply (broad money) around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Malagasy Ariary
  • Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.
  • Source: National Institute of Statistics of Madagascar

Recent values Madagascar: Money supply, billion currency units
2025  Jun 20543.56
2025  May 20404.51
2025  Apr 20115.28
2025  Mar 19988.37
2025  Feb 19748.27
2025  Jan 19794.09
2024  Dec 19946.22
2024  Nov 19292.22


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Other resources:

All indicators for Madagascar

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

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 Related indicators Latest Reference Measure
 Inflation 8.1 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 4,339.2521 9/2026 Local Currency Units per USD
 Money supply (broad money) 20,543.56 6/2025 billion
 Consumer Price Index (CPI) 200.2611 3/2026 index points
 Inflation, monthly 0.67 3/2026 percent
 Inflation, annual 6.77 3/2026 percent
 Private sector credit 12,991.74 6/2025 billion
 Business credit 8,125.19 6/2025 billion
 Household credit 4,866.54 6/2025 billion
 Deposit interest rate 6.84 6/2025 percent
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