Madagascar: Bank accounts per 1000 adults

* indicates monthly or quarterly data series
 Madagascar

Bank accounts per 1000 adults

 Latest value 106.78
 Year 2020
 Measure bank accounts
 Data availability 2004 - 2020
 Average 59.52
 Min - Max 18.49 - 106.78
 Source The International Monetary Fund
 Available for Data download
The latest value from 2020 is 106.78 bank accounts, an increase from 98.42 bank accounts in 2019. In comparison, the world average is 4018.96 bank accounts, based on data from 80 countries. Historically, the average for Madagascar from 2004 to 2020 is 59.52 bank accounts. The minimum value, 18.49 bank accounts, was reached in 2004 while the maximum of 106.78 bank accounts was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Madagascar: Bank accounts per 1000 adults
 2020 106.78
 2019 98.42
 2018 86.14
 2017 79.76
 2016 72.22
 2015 73.39
 2014 60.12
 2013 59.32




Definition: Number of depositors with commercial banks per 1,000 adults.

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 Related indicators Latest Reference Measure
 ATMs per 100,000 adults 3.02 2024 ATMs per 100,000 adults
 Bank accounts per 1000 adults 106.78 2020 bank accounts
 Bank branches per 100,000 people 2.51 2020 bank branches
 Percent people with credit cards 0.96 2017 percent
 Percent people with debit cards 3.25 2017 percent
 Domestic credit to the private sector 16.20 2020 percent
 Bank credit to the private sector 16.28 2024 percent
 Liquid liabilities, percent of GDP 27.61 2021 percent
 Bank assets to GDP 22.03 2021 percent
 Financial system deposits, percent of GDP 20.05 2021 percent
 Bank credit to government 5.18 2020 percent
 Banking system concentration 81.81 2020 percent
 Percent people with bank accounts 9.57 2017 percent
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