Madagascar: Financial institutions development, access

* indicates monthly or quarterly data series
 Madagascar

Financial institutions development, access

 Latest value 0.049
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.021
 Min - Max 0.011 - 0.049
 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 0.021 index points with a minimum of 0.011 index points in 1998 and a maximum of 0.049 index points in 2021. The latest value from 2021 is 0.049 index points. For comparison, the world average in 2021 based on 175 countries is 0.363 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, access - Recent values chart

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




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. 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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