Madagascar vs Uganda: Number of Deposit Accounts, Commercial Banks, of Which: Household

Madagascar
17.20 million
in 2024
Uganda
21.19 million
in 2024
Madagascar rank
31st
Uganda rank
28th

Number of Deposit Accounts, Commercial Banks, of Which: Household over time

  • Madagascar
  • Uganda
05.0M10.0M15.0M20.0M200420142024

How they compare

Uganda currently reports 21.19 million against 17.20 million in Madagascar, a difference of 3.99 million.

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

Across all 12 years both countries report, Uganda has been ahead every year.

Madagascar ranks 31st and Uganda ranks 28th of 94 countries.

Uganda has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Madagascar Uganda Difference Ahead
2010s 1.18 million 6.76 million 5.58 million Uganda
2020s 11.22 million 16.43 million 5.21 million Uganda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher number of deposit accounts, commercial banks, of which: household, Madagascar or Uganda?
Uganda, at 21.19 million against 17.20 million in Madagascar as of 2024.
What is the difference in number of deposit accounts, commercial banks, of which: household between Madagascar and Uganda?
3.99 million, with Uganda ahead.
How many years of comparable data are there for Madagascar and Uganda?
12 years are reported by both, from 2013 to 2024.
How do Madagascar and Uganda rank globally for number of deposit accounts, commercial banks, of which: household?
Madagascar ranks 31st and Uganda ranks 28th of 94 countries.
Where does this data come from?
International Monetary Fund, published as Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Uganda: Number of Deposit Accounts, Commercial Banks, of Which: Household. Statizoid, drawing on International Monetary Fund. Retrieved 24 September 2026, from https://financial-sector.statizoid.com/compare/number-of-deposit-accounts-commercial-banks-of-which-household-sector-deposit-accounts/madagascar/uganda/

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About this data

Indicator
Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
94 places, 1,382 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.