Madagascar vs Singapore: Bank concentration
Madagascar
81.8%
in 2020
Singapore
80.8%
in 2021
Madagascar rank
58th
Singapore rank
60th
Bank concentration over time
- Madagascar
- Singapore
How they compare
Madagascar currently reports 81.8% against 80.8% in Singapore, a difference of 1.0%.
The two have swapped places 5 times across 21 shared years of data; in 2000 it was Singapore ahead.
Madagascar ranks 58th and Singapore ranks 60th of 169 countries.
Across the 3 decades both report, Madagascar averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Madagascar | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 88.3% | 93.4% | 5.1% | Singapore |
| 2010s | 83.8% | 85.8% | 2.0% | Singapore |
| 2020s | 81.8% | 81.0% | 0.8% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank concentration, Madagascar or Singapore?
- Madagascar, at 81.8% against 80.8% in Singapore as of 2020.
- What is the difference in bank concentration between Madagascar and Singapore?
- 1.0%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Singapore?
- 21 years are reported by both, from 2000 to 2020.
- How do Madagascar and Singapore rank globally for bank concentration?
- Madagascar ranks 58th and Singapore ranks 60th of 169 countries.
- Where does this data come from?
- Bankscope, Bureau van Dijk (BvD), published as Bank concentration (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.