Madagascar: PPG, other private creditors (NFL, current US$)

Key figures

Since 1970 it is up 373.46% from −US$682,000 in 1970. The World Bank has no value for 14 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Madagascar's PPG, other private creditors (NFL, current US$) rose US$641,000 on 2023 (from US$1.22 million to US$1.87 million).

Across the 30 yearly changes before that (1979 to 2023), the average change was −US$400,100 and a typical year strayed about US$22.74 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$81.27 million in 1979 and the biggest yearly fall was US$65.59 million in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Madagascar had the 10th highest value of the 47 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Madagascar in the 2024 ranking

• Angola — 7th of 47: US$21.73 million
• Maldives — 8th of 47: US$20.29 million
• Cameroon — 9th of 47: US$5.14 million
• Gabon — 11th of 47: US$0
• Guyana — 12th of 47: US$0
• Lebanon — 13th of 47: US$0

What this measures

Public and publicly guaranteed other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 41 values

PPG, other private creditors (NFL, current US$) in nearby economies

• Angola — US$21.73 million (2024)
• Botswana — −US$4.44 million (2019)
• Burkina Faso — −US$923,000 (2017)
• Cameroon — US$5.14 million (2024)
• Central African Republic — −US$1.45 million (2024)
• Chad — −US$173.12 million (2024)
• Congo, Dem. Rep. — −US$5.17 million (2024)
• Congo, Rep. — −US$403.16 million (2024)
• Côte d'Ivoire — −US$850,000 (2024)
• Ethiopia

More economic policy & debt data for Madagascar

• General government final consumption expenditure (current US$) — US$2.87 billion (2025)
• General government final consumption expenditure (current LCU) — 12.99 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$1.53 billion (2025)
• General government final consumption expenditure (constant LCU) — 2.01 trillion (2025)
• General government final consumption expenditure (% of GDP) — 14.61% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$14.29 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 64.71 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Madagascar's PPG, other private creditors (NFL, current US$)?

US$1.87 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 373.46% from −US$682,000 in 1970. The highest value was US$94.5 million in 1979 and the lowest −US$8.15 million in 1991.

How does Madagascar rank?

10th highest of 47 economies with data for 2024.

Is the latest change in PPG, other private creditors (NFL, current US$) unusual for Madagascar?

In 2024, Madagascar's PPG, other private creditors (NFL, current US$) rose US$641,000 on 2023 (from US$1.22 million to US$1.87 million). Across the 30 yearly changes before that (1979 to 2023), the average change was −US$400,100 and a typical year strayed about US$22.74 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.PROP.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.