Bank return on equity in Madagascar, Republic of

Madagascar, Republic of: Bank return on equity was 26.4% in 2020. β–² Rising

Latest (2020)
26.4%
Change on year
down 18.4%
World rank
7th
of 167 countries
All-time high
39.7%
in 2005
All-time low
11.7%
in 2002
Years of data
21
2000–2020

Bank return on equity in Madagascar, Republic of, 2000–2020

102030402000201020202000: 28.9 %, after tax2001: 26.1 %, after tax2002: 11.7 %, after tax2003: 29.8 %, after tax2004: 30.5 %, after tax2005: 39.7 %, after tax2006: 38.3 %, after tax2007: 36.1 %, after tax2008: 28.6 %, after tax2009: 18.3 %, after tax2010: 12.7 %, after tax2011: 24.3 %, after tax2012: 19.8 %, after tax2013: 24.8 %, after tax2014: 29.3 %, after tax2015: 31 %, after tax2016: 28.3 %, after tax2017: 33 %, after tax2018: 33.2 %, after tax2019: 32.4 %, after tax2020: 26.4 %, after tax

Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.

Analysis

In 2020, bank return on equity in Madagascar, Republic of stood at 26.4%.

The figure is down 18.4% on the previous year and up 107.6% over ten years.

Over the whole period, bank return on equity in Madagascar, Republic of peaked at 39.7% in 2005 and was at its lowest, 11.7%, in 2002.

Madagascar, Republic of ranks 7th of 167 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.8% 11.7% 39.7% 10
2010s 26.9% 12.7% 33.2% 10
2020s 26.4% 26.4% 26.4% 1

Countries ranked near Madagascar, Republic of

  1. 4 Guinea 30.2% compare
  2. 5 Zambia 28.7% compare
  3. 6 Burundi 28.1% compare
  4. 8 Georgia 23.5% compare
  5. 9 Angola 23.5% compare
  6. 10 St. Lucia 22.9% compare

See the full ranking of 167 places β†’

More financial sector data for Madagascar, Republic of

All data for Madagascar, Republic of β†’

Frequently asked questions

What is bank return on equity in Madagascar, Republic of?
Bank return on equity in Madagascar, Republic of was 26.4% in 2020, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank return on equity recorded in Madagascar, Republic of?
The highest recorded value was 39.7% in 2005.
What is the lowest bank return on equity recorded in Madagascar, Republic of?
The lowest recorded value was 11.7% in 2002.
How does Madagascar, Republic of rank for bank return on equity?
Madagascar, Republic of ranks 7th out of 167 countries with data for 2020.
Is bank return on equity rising or falling in Madagascar, Republic of?
Over the last ten years it is up 107.6%. The long-run trend across the full record is rising.
Where does this Madagascar, Republic of data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on equity (%, after tax). Statizoid updates them automatically from the source API.

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Bank return on equity in Madagascar, Republic of. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 18 August 2026, from https://financial-sector.statizoid.com/stat/bank-return-on-equity-percent-after-tax/madagascar/

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About this data

Indicator
Bank return on equity (%, after tax)
Unit
%, after tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,195 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.