Madagascar: Financial markets development

The latest value from 2021 is 0.003 index points, a decline from 0.004 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Madagascar from 1980 to 2021 is 0.006 index points. The minimum value, 0.003 index points, was reached in 2018 while the maximum of 0.01 index points was recorded in 1985. See the global rankings for that indicator or use the country comparator to compare trends over time.

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