Bank return on equity (%, before tax) in Madagascar
Madagascar: Bank return on equity (%, before tax) was 33.4% in 2020. ▼ Falling
Bank return on equity in Madagascar, 2000–2020
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 168 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.
Bank return on equity (%, before tax) in Madagascar, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2000 | 41.5% | — |
| 2001 | 38.2% | -7.9% |
| 2002 | 16.7% | -56.4% |
| 2003 | 42.8% | +157.1% |
| 2004 | 44.1% | +2.9% |
| 2005 | 57.1% | +29.4% |
| 2006 | 54.8% | -3.9% |
| 2007 | 49.1% | -10.6% |
| 2008 | 38.3% | -22.0% |
| 2009 | 24.3% | -36.6% |
| 2010 | 16.8% | -30.6% |
| 2011 | 31.7% | +88.1% |
| 2012 | 25.5% | -19.4% |
| 2013 | 31.5% | +23.1% |
| 2014 | 36.8% | +16.9% |
| 2015 | 39.7% | +7.8% |
| 2016 | 35.7% | -9.9% |
| 2017 | 41.4% | +15.8% |
| 2018 | 42.1% | +1.7% |
| 2019 | 40.8% | -3.0% |
| 2020 | 33.4% | -18.0% |
Madagascar compared with similar countries
- Madagascar's 33.4% is above the median for low income countries, which is 19.1%, 1.8× the median. (19 countries reporting)
- Madagascar's 33.4% is above the median for Sub-Saharan Africa, which is 20.8%, 1.6× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Bank return on equity (%, before tax) 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 |
|---|---|---|---|
| 2003 | +157.1% | 16.7% | 42.8% |
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
- 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 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 168 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 · JSON — 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.