Madagascar vs Nicaragua: Share of adults with an account at a financial institution

Madagascar
24.5%
in 2024
Nicaragua
23.5%
in 2024
Madagascar rank
111th
Nicaragua rank
112th

Share of adults with an account at a financial institution over time

  • Madagascar
  • Nicaragua
102030201120172024

How they compare

Madagascar currently reports 24.5% against 23.5% in Nicaragua, a difference of 1.0%.

Madagascar ranks 111th and Nicaragua ranks 112th of 115 countries.

Across the 2 decades both report, Madagascar averaged higher in 1 and Nicaragua in 1.

Head to head by decade

Decade Madagascar Nicaragua Difference Ahead
2010s 10.6% 21.5% 10.9% Nicaragua
2020s 24.5% 23.5% 1.0% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of adults with an account at a financial institution, Madagascar or Nicaragua?
Madagascar, at 24.5% against 23.5% in Nicaragua as of 2024.
What is the difference in share of adults with an account at a financial institution between Madagascar and Nicaragua?
1.0%, with Madagascar ahead.
How do Madagascar and Nicaragua rank globally for share of adults with an account at a financial institution?
Madagascar ranks 111th and Nicaragua ranks 112th of 115 countries.
Where does this data come from?
Global Findex Database - World Bank (2026) – processed by Our World in Data, published as Share of adults with an account at a financial institution. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.