Automated teller machines (ATMs) in Madagascar

Madagascar: Automated teller machines (ATMs) was 3.02 per 100,000 adults in 2024. ▲ Rising

Latest (2024)
3.02 per 100,000 adults
Change on year
up 1.1%
World rank
179th
of 187 countries
All-time high
3.07 per 100,000 adults
in 2022
All-time low
0.2654 per 100,000 adults
in 2004
Years of data
21
2004–2024

Automated teller machines (ATMs) in Madagascar, 2004–2024

01232004201420242004: 0.265 per 100,000 adults2005: 0.562 per 100,000 adults2006: 0.719 per 100,000 adults2007: 0.963 per 100,000 adults2008: 1.2 per 100,000 adults2009: 1.3 per 100,000 adults2010: 1.3 per 100,000 adults2011: 1.5 per 100,000 adults2012: 1.6 per 100,000 adults2013: 1.7 per 100,000 adults2014: 2 per 100,000 adults2015: 2.2 per 100,000 adults2016: 2.4 per 100,000 adults2017: 2.7 per 100,000 adults2018: 2.8 per 100,000 adults2019: 2.9 per 100,000 adults2020: 3 per 100,000 adults2021: 3 per 100,000 adults2022: 3.1 per 100,000 adults2023: 3 per 100,000 adults2024: 3 per 100,000 adults

Source: Financial Access Survey - IMF, via World Bank (2026) – processed by Our World in Data. Measured in per 100,000 adults.

Analysis

Madagascar recorded 3.02 per 100,000 adults for automated teller machines (atms) in 2024.

That represents a change of up 1.1% on the previous year and up 53.8% over ten years.

Over the whole period, automated teller machines (atms) in Madagascar peaked at 3.07 per 100,000 adults in 2022 and was at its lowest, 0.2654 per 100,000 adults, in 2004.

That places Madagascar 179th out of 187 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Automated teller machines (ATMs) in Madagascar, year by year

Annual values for Automated teller machines (ATMs) in Madagascar, 2004 to 2024.
Year per 100,000 adults Change
2004 0.2654 per 100,000 adults
2005 0.5617 per 100,000 adults +111.7%
2006 0.7187 per 100,000 adults +27.9%
2007 0.9627 per 100,000 adults +34.0%
2008 1.18 per 100,000 adults +22.7%
2009 1.28 per 100,000 adults +8.7%
2010 1.34 per 100,000 adults +4.8%
2011 1.5 per 100,000 adults +11.6%
2012 1.64 per 100,000 adults +9.6%
2013 1.73 per 100,000 adults +5.0%
2014 1.96 per 100,000 adults +13.7%
2015 2.19 per 100,000 adults +11.6%
2016 2.45 per 100,000 adults +11.8%
2017 2.68 per 100,000 adults +9.6%
2018 2.82 per 100,000 adults +5.2%
2019 2.94 per 100,000 adults +4.2%
2020 3.01 per 100,000 adults +2.6%
2021 3.04 per 100,000 adults +0.8%
2022 3.07 per 100,000 adults +1.1%
2023 2.99 per 100,000 adults -2.7%
2024 3.02 per 100,000 adults +1.1%

Madagascar compared with similar countries

  • Madagascar's 3.02 per 100,000 adults is below the median for low income countries, which is 3.72 per 100,000 adults, 81% of the median. (22 countries reporting)
  • Madagascar's 3.02 per 100,000 adults is below the median for Sub-Saharan Africa, which is 6.68 per 100,000 adults, 45% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Automated teller machines (ATMs) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +111.7% 0.2654 per 100,000 adults 0.5617 per 100,000 adults

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8288 per 100,000 adults 0.2654 per 100,000 adults 1.28 per 100,000 adults 6
2010s 2.13 per 100,000 adults 1.34 per 100,000 adults 2.94 per 100,000 adults 10
2020s 3.03 per 100,000 adults 2.99 per 100,000 adults 3.07 per 100,000 adults 5

Countries ranked near Madagascar

  1. 176 Uganda 3.61 per 100,000 adults compare
  2. 177 Rwanda 3.54 per 100,000 adults compare
  3. 178 Sierra Leone 3.48 per 100,000 adults compare
  4. 180 Guinea 2.65 per 100,000 adults compare
  5. 181 Afghanistan 1.79 per 100,000 adults compare
  6. 182 Chad 1.7 per 100,000 adults compare

See the full ranking of 187 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is automated teller machines (atms) in Madagascar?
Automated teller machines (atms) in Madagascar was 3.02 per 100,000 adults in 2024, according to Financial Access Survey - IMF, via World Bank (2026) – processed by Our World in Data.
What is the highest automated teller machines (atms) recorded in Madagascar?
The highest recorded value was 3.07 per 100,000 adults in 2022.
What is the lowest automated teller machines (atms) recorded in Madagascar?
The lowest recorded value was 0.2654 per 100,000 adults in 2004.
How does Madagascar rank for automated teller machines (atms)?
Madagascar ranks 179th out of 187 countries with data for 2024.
Is automated teller machines (atms) rising or falling in Madagascar?
Over the last ten years it is up 53.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Financial Access Survey - IMF, via World Bank (2026) – processed by Our World in Data, published as part of Automated teller machines (ATMs). Statizoid updates them automatically from the source API.

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Automated teller machines (ATMs) in Madagascar. Statizoid, drawing on Financial Access Survey - IMF, via World Bank (2026) – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/automated-teller-machines-atms-per-100000-adults/madagascar/

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About this data

Indicator
Automated teller machines (ATMs)
Unit
per 100,000 adults
Source
Financial Access Survey - IMF, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 3,478 data points, 2004–2024
Last refreshed

Number of automated teller machines (ATMs) per 100,000 adults. ATMs are computerised telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place.