What is owns a credit card in Madagascar?

Owns a credit card in Madagascar was 1.1% in 2024, according to Global Findex Database.

What is the highest owns a credit card recorded in Madagascar?

The highest recorded value was 2.1% in 2022.

What is the lowest owns a credit card recorded in Madagascar?

The lowest recorded value was 0.0% in 2011.

How does Madagascar rank for owns a credit card?

Madagascar ranks 73rd out of 115 countries with data for 2024.

Is owns a credit card rising or falling in Madagascar?

Over the last ten years it is up 791.0%. The long-run trend across the full record is volatile.

Where does this Madagascar data come from?

The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Owns a credit card in Madagascar

Name: Owns a credit card in Madagascar
Creator: Global Findex Database
License: CC BY 4.0 (World Bank Open Data)

Madagascar: Owns a credit card was 1.1% in 2024. ◆ Volatile

Latest (2024)

1.1%

Change on year

down 47.8%

World rank

73rd

of 115 countries

All-time high

2.1%

in 2022

All-time low

0.0%

in 2011

Years of data

2011–2024

Owns a credit card in Madagascar, 2011–2024

Source: Global Findex Database. Measured in % age 15+.

Analysis

Madagascar recorded 1.1% for owns a credit card in 2024.

The figure is down 47.8% on the previous year and up 791.0% over ten years.

Over the whole period, owns a credit card in Madagascar peaked at 2.1% in 2022 and was at its lowest, 0.0%, in 2011.

Madagascar ranks 73rd of 115 countries on this measure, in the middle of the range.

Averages by decade

Decade	Average	Lowest	Highest	Years
2010s	0.4%	0.0%	1.0%	3
2020s	1.6%	1.1%	2.1%	2

Countries ranked near Madagascar

70 Bangladesh 1.7% compare
71 Pakistan 1.6% compare
72 Zimbabwe 1.2% compare
74 Sierra Leone 1.1% compare
75 Congo 0.9% compare
76 Tanzania 0.8% compare

See the full ranking of 125 places →

More reference data data for Madagascar

Spring temperature anomalies 0.7356 °C (2026)
Summer temperature anomalies 0.1142 °C (2026)
Temperature anomalies by month -0.0487 °C (2026)
Universal right to vote in practice 0 (2025)
Autumn temperature anomalies 0.8079 °C (2025)
Winter temperature anomalies -0.3162 °C (2025)
Consumer price index 280.82 2010 = 100 (2025)
Universal right to vote 2 (2025)
Competitive elections 0 (2025)
Men's universal right to vote 1 (2025)

All data for Madagascar →

Frequently asked questions

What is owns a credit card in Madagascar?: Owns a credit card in Madagascar was 1.1% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Madagascar?: The highest recorded value was 2.1% in 2022.
What is the lowest owns a credit card recorded in Madagascar?: The lowest recorded value was 0.0% in 2011.
How does Madagascar rank for owns a credit card?: Madagascar ranks 73rd out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Madagascar?: Over the last ten years it is up 791.0%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?: The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Owns a credit card (% age 15+)
Unit: % age 15+
Source: Global Findex Database
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 125 places, 625 data points, 2011–2024
Last refreshed: 06 August 2026

The percentage of respondents who report having a credit card, (% age 15+)