Financial Development Index in Madagascar
Madagascar: Financial Development Index was 0.0992 in 2020. β² Rising
Financial Development Index in Madagascar, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Madagascar is 0.0992, measured in 2020.
That represents a change of down 1.3% on the previous year and up 26.0% over ten years.
Over the whole period, financial development index in Madagascar peaked at 0.1101 in 2006 and was at its lowest, 0.049, in 1990.
That places Madagascar 162nd out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0687 | 0.0545 | 0.0766 | 10 |
| 1990s | 0.0757 | 0.049 | 0.1096 | 10 |
| 2000s | 0.0945 | 0.0795 | 0.1101 | 10 |
| 2010s | 0.0906 | 0.0788 | 0.1006 | 10 |
| 2020s | 0.0992 | 0.0992 | 0.0992 | 1 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Net domestic credit (current LCU), per capita 555,983 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,010 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 2.08 billion SDR (2024)
- Reserves excluding gold 2.14 billion SDR (2024)
- Total reserves (gold at market value) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is financial development index in Madagascar?
- Financial development index in Madagascar was 0.0992 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Madagascar?
- The highest recorded value was 0.1101 in 2006.
- What is the lowest financial development index recorded in Madagascar?
- The lowest recorded value was 0.049 in 1990.
- How does Madagascar rank for financial development index?
- Madagascar ranks 162nd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Madagascar?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.