Madagascar: Percent people with bank accounts

* indicates monthly or quarterly data series

People with bank accounts, percent of the population over 14 years of age

 Latest value 9.57
 Year 2017
 Measure percent
 Data availability 2011 - 2017
 Average 6.94
 Min - Max 5.52 - 9.57
 Source The World Bank
For that indicator, we provide data for Madagascar from 2011 to 2017. The average value for Madagascar during that period was 6.94 percent with a minimum of 5.52 percent in 2011 and a maximum of 9.57 percent in 2017. The latest value from 2017 is 9.57 percent. For comparison, the world average in 2017 based on 144 countries is 58.46 percent. 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 - Percent people with bank accounts  - Recent values chart

Definition: The percentage of respondents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institution), or the post office (if applicable) including respondents who reported having a debit card (% age 15+).

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 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 3.16 2021 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
 Firms using credit to finance investment 13.00 2013 percent
 Small firms with bank credit 3.80 2013 percent
 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 18.55 2022 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
 Foreign bank assets 100.00 2013 percent of total bank assets
 Percent people with bank accounts 9.57 2017 percent
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