What is the difference in borrowers from commercial banks between Madagascar and Rwanda?

23.51 per 1,000 adults, with Madagascar ahead.

How many years of comparable data are there for Madagascar and Rwanda?

21 years are reported by both, from 2004 to 2024.

Where does this data come from?

Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Madagascar vs Rwanda: Borrowers from commercial banks

Madagascar

121.6 per 1,000 adults

in 2024

Rwanda

98.09 per 1,000 adults

in 2024

Madagascar rank

70th

Rwanda rank

73rd

Borrowers from commercial banks over time

Madagascar
Rwanda

How they compare

Madagascar currently reports 121.6 per 1,000 adults against 98.09 per 1,000 adults in Rwanda, a difference of 23.51 per 1,000 adults.

That makes Madagascar's figure about 1.2 times Rwanda's.

The two have swapped places 4 times across 21 shared years of data; in 2004 it was Madagascar ahead.

Madagascar ranks 70th and Rwanda ranks 73rd of 113 countries.

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

Head to head by decade

Decade	Madagascar	Rwanda	Difference	Ahead
2000s	14.8 per 1,000 adults	1.27 per 1,000 adults	13.53 per 1,000 adults	Madagascar
2010s	31.02 per 1,000 adults	22.44 per 1,000 adults	8.59 per 1,000 adults	Madagascar
2020s	87.7 per 1,000 adults	84.62 per 1,000 adults	3.07 per 1,000 adults	Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher borrowers from commercial banks, Madagascar or Rwanda?: Madagascar, at 121.6 per 1,000 adults against 98.09 per 1,000 adults in Rwanda as of 2024.
What is the difference in borrowers from commercial banks between Madagascar and Rwanda?: 23.51 per 1,000 adults, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Rwanda?: 21 years are reported by both, from 2004 to 2024.
How do Madagascar and Rwanda rank globally for borrowers from commercial banks?: Madagascar ranks 70th and Rwanda ranks 73rd of 113 countries.
Where does this data come from?: Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Rwanda: Borrowers from commercial banks. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/borrowers-from-commercial-banks-per-1-000-adults/madagascar/rwanda/

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<a href="https://financial-sector.statizoid.com/compare/borrowers-from-commercial-banks-per-1-000-adults/madagascar/rwanda/">Madagascar vs Rwanda: Borrowers from commercial banks</a> — Statizoid

About this data

Indicator: Borrowers from commercial banks (per 1,000 adults)
Unit: per 1,000 adults
Source: Financial Access Survey, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 148 places, 2,388 data points, 2004–2024
Last refreshed: 03 September 2026

Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.