Bank return on equity in Madagascar
Madagascar: Bank return on equity was 33.4% in 2020. βΌ Falling
Bank return on equity in Madagascar, 2000β2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
Madagascar recorded 33.4% for bank return on equity in 2020.
The figure is down 18.0% on the previous year and up 98.6% over ten years.
Over the whole period, bank return on equity in Madagascar peaked at 57.1% in 2005 and was at its lowest, 16.7%, in 2002.
That places Madagascar 5th out of 167 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.7% | 16.7% | 57.1% | 10 |
| 2010s | 34.2% | 16.8% | 42.1% | 10 |
| 2020s | 33.4% | 33.4% | 33.4% | 1 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Domestic credit to private sector by banks 16.3% (2024)
- Total reserves in months of imports 5.5 (2024)
- Net domestic credit 17.77 trillion current LCU (2024)
- Net foreign assets 10.30 trillion current LCU (2024)
- Monetary Sector credit to private sector 16.5% (2024)
- Broad money 27.3% (2024)
- Claims on central government, etc. 5.7% (2024)
- Domestic credit to private sector 16.5% (2024)
- Official exchange rate 4,530 LCU per US$, period average (2025)
- Net migration -2,227 (2025)
Frequently asked questions
- What is bank return on equity in Madagascar?
- Bank return on equity in Madagascar was 33.4% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Madagascar?
- The highest recorded value was 57.1% in 2005.
- What is the lowest bank return on equity recorded in Madagascar?
- The lowest recorded value was 16.7% in 2002.
- How does Madagascar rank for bank return on equity?
- Madagascar ranks 5th out of 167 countries with data for 2020.
- Is bank return on equity rising or falling in Madagascar?
- Over the last ten years it is up 98.6%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on equity (%, before tax). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data10270[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.