Financial Institutions Efficiency Index in Madagascar
Madagascar: Financial Institutions Efficiency Index was 0.5784 in 2020. ▲ Rising
Financial Institutions Efficiency Index in Madagascar, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions efficiency index in Madagascar is 0.5784, measured in 2020.
The figure is down 3.0% on the previous year and up 26.8% over ten years.
Over the whole period, financial institutions efficiency index in Madagascar peaked at 0.7236 in 1996 and was at its lowest, 0.2165, in 1990.
That places Madagascar 98th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3534 | 0.2675 | 0.3965 | 10 |
| 1990s | 0.4421 | 0.2165 | 0.7236 | 10 |
| 2000s | 0.591 | 0.4917 | 0.7024 | 10 |
| 2010s | 0.5343 | 0.4563 | 0.5962 | 10 |
| 2020s | 0.5784 | 0.5784 | 0.5784 | 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 efficiency index in Madagascar?
- Financial institutions efficiency index in Madagascar was 0.5784 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Madagascar?
- The highest recorded value was 0.7236 in 1996.
- What is the lowest financial institutions efficiency index recorded in Madagascar?
- The lowest recorded value was 0.2165 in 1990.
- How does Madagascar rank for financial institutions efficiency index?
- Madagascar ranks 98th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Madagascar?
- Over the last ten years it is up 26.8%. 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 Efficiency Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.