Madagascar: Small firms with bank credit

* indicates monthly or quarterly data series

Small firms with bank credit, percent of all small firms

 Latest value 3.80
 Year 2013
 Measure percent
 Data availability 2009 - 2013
 Average 9.45
 Min - Max 3.80 - 15.10
 Source The World Bank
For that indicator, we provide data for Madagascar from 2009 to 2013. The average value for Madagascar during that period was 9.45 percent with a minimum of 3.8 percent in 2013 and a maximum of 15.1 percent in 2009. The latest value from 2013 is 3.8 percent. For comparison, the world average in 2013 based on 48 countries is 28.67 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 - Small firms with bank credit - Recent values chart

Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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Types of financial institutions

Financial development and economic development

 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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