Bank or similar financial institution account in Madagascar
Madagascar: Bank or similar financial institution account was 9.5% in 2024. ▲ Rising
Bank or similar financial institution account in Madagascar, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, bank or similar financial institution account in Madagascar stood at 9.5%.
The figure is down 32.5% on the previous year and up 65.1% over ten years.
Over the whole period, bank or similar financial institution account in Madagascar peaked at 14.0% in 2022 and was at its lowest, 5.5%, in 2011.
That places Madagascar 115th out of 115 countries with data for 2024, putting it in the bottom quarter.
Bank or similar financial institution account in Madagascar, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 5.5% | — |
| 2014 | 5.7% | +3.7% |
| 2017 | 9.6% | +67.1% |
| 2022 | 14.0% | +46.3% |
| 2024 | 9.5% | -32.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.9% | 5.5% | 9.6% | 3 |
| 2020s | 11.7% | 9.5% | 14.0% | 2 |
Countries ranked near Madagascar
More reference data data for Madagascar
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.82 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4503 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.43 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 26.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 32.81 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.45 (2050)
Frequently asked questions
- What is bank or similar financial institution account in Madagascar?
- Bank or similar financial institution account in Madagascar was 9.5% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in Madagascar?
- The highest recorded value was 14.0% in 2022.
- What is the lowest bank or similar financial institution account recorded in Madagascar?
- The lowest recorded value was 5.5% in 2011.
- How does Madagascar rank for bank or similar financial institution account?
- Madagascar ranks 115th out of 115 countries with data for 2024.
- Is bank or similar financial institution account rising or falling in Madagascar?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)