Financial Institutions Access Index in Madagascar
Madagascar: Financial Institutions Access Index was 0.0422 in 2020. β² Rising
Financial Institutions Access Index in Madagascar, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Madagascar stood at 0.0422. That is the highest value across all 41 years on record.
The figure is up 2.3% on the previous year and up 85.9% over ten years.
Over the whole period, financial institutions access index in Madagascar peaked at 0.0422 in 2020 and was at its lowest, 0.0103, in 1999.
That places Madagascar 171st 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 | 0.0179 | 0.0155 | 0.0197 | 10 |
| 1990s | 0.0132 | 0.0103 | 0.0163 | 10 |
| 2000s | 0.0153 | 0.0111 | 0.0218 | 10 |
| 2010s | 0.0319 | 0.0227 | 0.0413 | 10 |
| 2020s | 0.0422 | 0.0422 | 0.0422 | 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)
- 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)
Frequently asked questions
- What is financial institutions access index in Madagascar?
- Financial institutions access index in Madagascar was 0.0422 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Madagascar?
- The highest recorded value was 0.0422 in 2020.
- What is the lowest financial institutions access index recorded in Madagascar?
- The lowest recorded value was 0.0103 in 1999.
- How does Madagascar rank for financial institutions access index?
- Madagascar ranks 171st out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Madagascar?
- Over the last ten years it is up 85.9%. 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 Institutions Access 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.