Madagascar: Financial institutions development

* indicates monthly or quarterly data series
 Madagascar

Financial institutions development

 Latest value 0.205
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.159
 Min - Max 0.089 - 0.211
 Source International Monetary Fund
For that indicator, we provide data for Madagascar from 1980 to 2021. The average value for Madagascar during that period was 0.159 index points with a minimum of 0.089 index points in 1990 and a maximum of 0.211 index points in 1996. The latest value from 2021 is 0.205 index points. For comparison, the world average in 2021 based on 178 countries is 0.436 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Madagascar - Financial institutions development - Recent values chart

Historical chart
Madagascar - Financial institutions development - historical chart - 1980-2021




Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.


 Related indicators Latest value Reference Measure
 Financial development 0.106 2021 index points
 Financial institutions development 0.205 2021 index points
 Financial institutions development, depth 0.071 2021 index points
 Financial institutions development, access 0.049 2021 index points
 Financial institutions development, efficiency 0.567 2021 index points
 Financial markets development 0.003 2021 index points
 Financial markets development, depth 0.009 2021 index points
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