Automated teller machines (ATMs) (per 100,000 adults) in Madagascar
Madagascar: Automated teller machines (ATMs) (per 100,000 adults) was 3.02 per 100,000 adults in 2024. ▲ Rising
Automated teller machines (ATMs) in Madagascar, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, automated teller machines (atms) in Madagascar stood at 3.02 per 100,000 adults.
That represents a change of up 1.1% on the previous year and up 53.8% over ten years.
Over the whole period, automated teller machines (atms) in Madagascar peaked at 3.07 per 100,000 adults in 2022 and was at its lowest, 0.2654 per 100,000 adults, in 2004.
That places Madagascar 181st out of 189 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Automated teller machines (ATMs) (per 100,000 adults) in Madagascar, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 0.2654 per 100,000 adults | — |
| 2005 | 0.5617 per 100,000 adults | +111.7% |
| 2006 | 0.7187 per 100,000 adults | +27.9% |
| 2007 | 0.9627 per 100,000 adults | +34.0% |
| 2008 | 1.18 per 100,000 adults | +22.7% |
| 2009 | 1.28 per 100,000 adults | +8.7% |
| 2010 | 1.34 per 100,000 adults | +4.8% |
| 2011 | 1.5 per 100,000 adults | +11.6% |
| 2012 | 1.64 per 100,000 adults | +9.6% |
| 2013 | 1.73 per 100,000 adults | +5.0% |
| 2014 | 1.96 per 100,000 adults | +13.7% |
| 2015 | 2.19 per 100,000 adults | +11.6% |
| 2016 | 2.45 per 100,000 adults | +11.8% |
| 2017 | 2.68 per 100,000 adults | +9.6% |
| 2018 | 2.82 per 100,000 adults | +5.2% |
| 2019 | 2.94 per 100,000 adults | +4.2% |
| 2020 | 3.01 per 100,000 adults | +2.6% |
| 2021 | 3.04 per 100,000 adults | +0.8% |
| 2022 | 3.07 per 100,000 adults | +1.1% |
| 2023 | 2.99 per 100,000 adults | -2.7% |
| 2024 | 3.02 per 100,000 adults | +1.1% |
Madagascar compared with similar countries
- Madagascar's 3.02 per 100,000 adults is below the median for low income countries, which is 3.72 per 100,000 adults, 81% of the median. (22 countries reporting)
- Madagascar's 3.02 per 100,000 adults is below the median for Sub-Saharan Africa, which is 6.68 per 100,000 adults, 45% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Automated teller machines (ATMs) (per 100,000 adults) in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +111.7% | 0.2654 per 100,000 adults | 0.5617 per 100,000 adults |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8288 per 100,000 adults | 0.2654 per 100,000 adults | 1.28 per 100,000 adults | 6 |
| 2010s | 2.13 per 100,000 adults | 1.34 per 100,000 adults | 2.94 per 100,000 adults | 10 |
| 2020s | 3.03 per 100,000 adults | 2.99 per 100,000 adults | 3.07 per 100,000 adults | 5 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is automated teller machines (atms) in Madagascar?
- Automated teller machines (atms) in Madagascar was 3.02 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest automated teller machines (atms) recorded in Madagascar?
- The highest recorded value was 3.07 per 100,000 adults in 2022.
- What is the lowest automated teller machines (atms) recorded in Madagascar?
- The lowest recorded value was 0.2654 per 100,000 adults in 2004.
- How does Madagascar rank for automated teller machines (atms)?
- Madagascar ranks 181st out of 189 countries with data for 2024.
- Is automated teller machines (atms) rising or falling in Madagascar?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Automated teller machines (ATMs) (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Automated teller machines (ATMs) are electromechanical devices which enable customers of financial institutions to perform financial transactions such as cash withdrawals, balance inquiries, deposits, transfer of funds, and obtaining account information, using an electronic card.