Saved at a bank or similar financial institution in Madagascar
Madagascar: Saved at a bank or similar financial institution was 4.8% in 2024. ▲ Rising
Saved at a bank or similar financial institution in Madagascar, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, saved at a bank or similar financial institution in Madagascar stood at 4.8%. That is the highest value across all 5 years on record.
That represents a change of up 35.8% on the previous year and up 46.5% over ten years.
Over the whole period, saved at a bank or similar financial institution in Madagascar peaked at 4.8% in 2024 and was at its lowest, 1.4%, in 2011.
That places Madagascar 77th out of 80 countries with data for 2024, putting it in the bottom quarter.
Saved at a bank or similar financial institution in Madagascar, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 1.4% | — |
| 2014 | 3.3% | +136.9% |
| 2017 | 4.0% | +21.5% |
| 2022 | 3.5% | -11.2% |
| 2024 | 4.8% | +35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.9% | 1.4% | 4.0% | 3 |
| 2020s | 4.1% | 3.5% | 4.8% | 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 saved at a bank or similar financial institution in Madagascar?
- Saved at a bank or similar financial institution in Madagascar was 4.8% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Madagascar?
- The highest recorded value was 4.8% in 2024.
- What is the lowest saved at a bank or similar financial institution recorded in Madagascar?
- The lowest recorded value was 1.4% in 2011.
- How does Madagascar rank for saved at a bank or similar financial institution?
- Madagascar ranks 77th out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in Madagascar?
- Over the last ten years it is up 46.5%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)