Bank Z-score in Madagascar
Madagascar: Bank Z-score was 14.06 in 2020. ▲ Rising
Bank Z-score in Madagascar, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2020, bank z-score in Madagascar stood at 14.06.
That represents a change of down 11.7% on the previous year and up 8.9% over ten years.
Over the whole period, bank z-score in Madagascar peaked at 18.54 in 2015 and was at its lowest, 11.2, in 2002.
That places Madagascar 95th out of 170 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Bank Z-score in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 15.85 | — |
| 2001 | 13.9 | -12.3% |
| 2002 | 11.2 | -19.4% |
| 2003 | 14.52 | +29.6% |
| 2004 | 13.62 | -6.2% |
| 2005 | 16.66 | +22.3% |
| 2006 | 17.57 | +5.5% |
| 2007 | 16.1 | -8.4% |
| 2008 | 14.38 | -10.6% |
| 2009 | 12.59 | -12.5% |
| 2010 | 12.92 | +2.6% |
| 2011 | 14.04 | +8.7% |
| 2012 | 13.13 | -6.5% |
| 2013 | 15.21 | +15.9% |
| 2014 | 16.86 | +10.8% |
| 2015 | 18.54 | +10.0% |
| 2016 | 16.61 | -10.4% |
| 2017 | 16.46 | -0.9% |
| 2018 | 16.66 | +1.3% |
| 2019 | 15.93 | -4.4% |
| 2020 | 14.06 | -11.7% |
Madagascar compared with similar countries
- Madagascar's 14.06 is above the median for low income countries, which is 12.19, 1.2× the median. (20 countries reporting)
- Madagascar's 14.06 is above the median for Sub-Saharan Africa, which is 13.99, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.64 | 11.2 | 17.57 | 10 |
| 2010s | 15.63 | 12.92 | 18.54 | 10 |
| 2020s | 14.06 | 14.06 | 14.06 | 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 z-score in Madagascar?
- Bank z-score in Madagascar was 14.06 in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Madagascar?
- The highest recorded value was 18.54 in 2015.
- What is the lowest bank z-score recorded in Madagascar?
- The lowest recorded value was 11.2 in 2002.
- How does Madagascar rank for bank z-score?
- Madagascar ranks 95th out of 170 countries with data for 2020.
- Is bank z-score rising or falling in Madagascar?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. 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
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.