Madagascar: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 Madagascar

Financial institutions development, efficiency

 Latest value 0.567
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.475
 Min - Max 0.217 - 0.702
 Source International Monetary Fund
The latest value from 2021 is 0.567 index points, an increase from 0.559 index points in 2020. In comparison, the world average is 0.585 index points, based on data from 178 countries. Historically, the average for Madagascar from 1980 to 2021 is 0.475 index points. The minimum value, 0.217 index points, was reached in 1990 while the maximum of 0.702 index points was recorded in 1996. 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 data
Madagascar - Financial institutions development, efficiency - Recent values chart

Historical series
Madagascar - Financial institutions development, efficiency - historical chart - 1980-2021




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest 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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