Ghana vs Madagascar: Bank Z-score

Ghana
13.92
in 2021
Madagascar
14.06
in 2020
Ghana rank
97th
Madagascar rank
95th

Bank Z-score over time

  • Ghana
  • Madagascar
05101520200020102021

How they compare

Madagascar currently reports 14.06 against 13.92 in Ghana, a difference of 0.14.

The two have swapped places 3 times across 16 shared years of data; in 2005 it was Madagascar ahead.

Ghana ranks 97th and Madagascar ranks 95th of 170 countries.

Across the 3 decades both report, Ghana averaged higher in 1 and Madagascar in 2.

Head to head by decade

Decade Ghana Madagascar Difference Ahead
2000s 11.25 15.46 4.21 Madagascar
2010s 13.34 15.63 2.29 Madagascar
2020s 14.16 14.06 0.0908 Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank z-score, Ghana or Madagascar?
Madagascar, at 14.06 against 13.92 in Ghana as of 2020.
What is the difference in bank z-score between Ghana and Madagascar?
0.14, with Madagascar ahead.
How many years of comparable data are there for Ghana and Madagascar?
16 years are reported by both, from 2005 to 2020.
How do Ghana and Madagascar rank globally for bank z-score?
Ghana ranks 97th and Madagascar ranks 95th of 170 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank Z-score. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Madagascar: Bank Z-score. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/compare/bank-z-score/ghana/madagascar/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.