Ghana vs Madagascar: Bank return on equity

Ghana
32.2%
in 2021
Madagascar
33.4%
in 2020
Ghana rank
6th
Madagascar rank
5th

Bank return on equity over time

  • Ghana
  • Madagascar
2030405060200020102021

How they compare

Madagascar currently reports 33.4% against 32.2% in Ghana, a difference of 1.2%.

The two have swapped places 5 times across 15 shared years of data; in 2006 it was Ghana ahead.

Ghana ranks 6th and Madagascar ranks 5th of 168 countries.

Madagascar has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Ghana Madagascar Difference Ahead
2000s 38.5% 41.6% 3.1% Madagascar
2010s 32.2% 34.2% 1.9% Madagascar
2020s 29.9% 33.4% 3.6% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank return on equity, Ghana or Madagascar?
Madagascar, at 33.4% against 32.2% in Ghana as of 2020.
What is the difference in bank return on equity between Ghana and Madagascar?
1.2%, with Madagascar ahead.
How many years of comparable data are there for Ghana and Madagascar?
15 years are reported by both, from 2006 to 2020.
How do Ghana and Madagascar rank globally for bank return on equity?
Ghana ranks 6th and Madagascar ranks 5th of 168 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank return on equity (%, before tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Ghana vs Madagascar: Bank return on equity. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/bank-return-on-equity-percent-before-tax/ghana/madagascar/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/bank-return-on-equity-percent-before-tax/ghana/madagascar/">Ghana vs Madagascar: Bank return on equity</a> — Statizoid

About this data

Indicator
Bank return on equity (%, before tax)
Unit
%, before tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 3,215 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data10270[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.