Madagascar vs Uganda: Financial system deposits to GDP

Madagascar
20.1%
in 2021
Uganda
18.6%
in 2021
Madagascar rank
166th
Uganda rank
169th

Financial system deposits to GDP over time

  • Madagascar
  • Uganda
510152025196019902021

How they compare

Madagascar currently reports 20.1% against 18.6% in Uganda, a difference of 1.5%.

That makes Madagascar's figure about 1.1 times Uganda's.

The two have swapped places 11 times across 60 shared years of data; in 1962 it was Uganda ahead.

Madagascar ranks 166th and Uganda ranks 169th of 185 countries.

Across the 7 decades both report, Madagascar averaged higher in 4 and Uganda in 3.

Head to head by decade

Decade Madagascar Uganda Difference Ahead
1960s 7.0% 8.7% 1.7% Uganda
1970s 10.6% 13.3% 2.6% Uganda
1980s 8.4% 7.0% 1.4% Madagascar
1990s 12.1% 8.3% 3.8% Madagascar
2000s 13.6% 15.3% 1.7% Uganda
2010s 15.8% 15.1% 0.6% Madagascar
2020s 19.9% 18.9% 1.0% Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Madagascar or Uganda?
Madagascar, at 20.1% against 18.6% in Uganda as of 2021.
What is the difference in financial system deposits to gdp between Madagascar and Uganda?
1.5%, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Uganda?
60 years are reported by both, from 1962 to 2021.
How do Madagascar and Uganda rank globally for financial system deposits to gdp?
Madagascar ranks 166th and Uganda ranks 169th of 185 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Uganda: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 30 August 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/madagascar/uganda/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).