Deposit money banks'' assets to GDP in Madagascar

Madagascar: Deposit money banks'' assets to GDP was 22.0% in 2021. ▼ Falling

Latest (2021)
22.0%
Change on year
up 6.0%
World rank
157th
of 187 countries
All-time high
22.0%
in 2021
All-time low
8.9%
in 1996
Years of data
60
1962–2021

Deposit money banks'' assets to GDP in Madagascar, 1962–2021

05101520196219912021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, deposit money banks'' assets to gdp in Madagascar stood at 22.0%. That is the highest value across all 60 years on record.

That represents a change of up 6.0% on the previous year and up 79.0% over ten years.

Over the whole period, deposit money banks'' assets to gdp in Madagascar peaked at 22.0% in 2021 and was at its lowest, 8.9%, in 1996.

That places Madagascar 157th out of 187 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 60 years of available data.

Deposit money banks'' assets to GDP in Madagascar, year by year

Annual values for Deposit money banks'' assets to GDP (%) in Madagascar, 1962 to 2021.
Year % Change
1962 13.8%
1963 14.9% +7.9%
1964 15.8% +6.6%
1965 14.5% -8.3%
1966 15.1% +4.1%
1967 16.5% +9.1%
1968 16.1% -2.2%
1969 15.6% -2.9%
1970 16.6% +6.4%
1971 17.6% +5.5%
1972 18.0% +2.8%
1973 16.7% -7.5%
1974 16.0% -3.9%
1975 15.7% -2.3%
1976 15.5% -1.4%
1977 16.6% +7.6%
1978 16.8% +0.8%
1979 18.1% +8.1%
1980 15.2% -15.9%
1981 14.6% -4.1%
1982 13.4% -8.0%
1983 12.6% -6.1%
1984 13.9% +9.9%
1985 14.8% +6.6%
1986 14.8% +0.1%
1987 14.8% +0.3%
1988 12.0% -19.0%
1989 13.0% +7.9%
1990 13.9% +7.3%
1991 14.7% +5.5%
1992 13.5% -7.9%
1993 16.5% +21.7%
1994 14.7% -10.8%
1995 10.5% -28.4%
1996 8.9% -15.6%
1997 9.9% +11.7%
1998 9.4% -5.4%
1999 9.0% -4.1%
2000 9.3% +3.2%
2001 10.3% +10.7%
2002 10.8% +5.4%
2003 12.1% +11.7%
2004 11.5% -5.2%
2005 10.1% -11.6%
2006 10.7% +5.4%
2007 10.9% +1.8%
2008 11.9% +9.4%
2009 13.0% +9.6%
2010 12.7% -2.7%
2011 12.3% -3.1%
2012 13.0% +5.7%
2013 13.3% +2.5%
2014 13.5% +1.5%
2015 14.0% +3.3%
2016 14.0% +0.4%
2017 16.9% +20.3%
2018 17.2% +1.8%
2019 18.1% +5.3%
2020 20.8% +14.7%
2021 22.0% +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.3% 13.8% 16.5% 8
1970s 16.8% 15.5% 18.1% 10
1980s 13.9% 12.0% 15.2% 10
1990s 12.1% 8.9% 16.5% 10
2000s 11.1% 9.3% 13.0% 10
2010s 14.5% 12.3% 18.1% 10
2020s 21.4% 20.8% 22.0% 2

Countries ranked near Madagascar

  1. 154 Benin 23.7% compare
  2. 155 Micronesia, Federated States of 23.0% compare
  3. 156 Zambia 23.0% compare
  4. 158 Sierra Leone 21.8% compare
  5. 159 Uganda 21.1% compare
  6. 160 Angola 20.9% compare

See the full ranking of 187 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is deposit money banks'' assets to gdp in Madagascar?
Deposit money banks'' assets to gdp in Madagascar was 22.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest deposit money banks'' assets to gdp recorded in Madagascar?
The highest recorded value was 22.0% in 2021.
What is the lowest deposit money banks'' assets to gdp recorded in Madagascar?
The lowest recorded value was 8.9% in 1996.
How does Madagascar rank for deposit money banks'' assets to gdp?
Madagascar ranks 157th out of 187 countries with data for 2021.
Is deposit money banks'' assets to gdp rising or falling in Madagascar?
Over the last ten years it is up 79.0%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.

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Deposit money banks'' assets to GDP in Madagascar. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/deposit-money-banks-assets-to-gdp-percent/madagascar/

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About this data

Indicator
Deposit money banks'' assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,670 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).