Financial Institutions Index in Madagascar
Madagascar: Financial Institutions Index was 0.1913 in 2020. ▲ Rising
Financial Institutions Index in Madagascar, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Madagascar stood at 0.1913.
The figure is down 1.5% on the previous year and up 27.6% over ten years.
Over the whole period, financial institutions index in Madagascar peaked at 0.2093 in 1996 and was at its lowest, 0.0889, in 1990.
Madagascar ranks 160th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Index in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1389 | — |
| 1981 | 0.1305 | -6.1% |
| 1982 | 0.1207 | -7.5% |
| 1983 | 0.1177 | -2.5% |
| 1984 | 0.1307 | +11.0% |
| 1985 | 0.1394 | +6.7% |
| 1986 | 0.1398 | +0.3% |
| 1987 | 0.1407 | +0.6% |
| 1988 | 0.1028 | -27.0% |
| 1989 | 0.0993 | -3.4% |
| 1990 | 0.0889 | -10.4% |
| 1991 | 0.0952 | +7.1% |
| 1992 | 0.1022 | +7.4% |
| 1993 | 0.0896 | -12.3% |
| 1994 | 0.1385 | +54.6% |
| 1995 | 0.1689 | +21.9% |
| 1996 | 0.2093 | +23.9% |
| 1997 | 0.1893 | -9.6% |
| 1998 | 0.1758 | -7.2% |
| 1999 | 0.163 | -7.3% |
| 2000 | 0.1773 | +8.8% |
| 2001 | 0.1614 | -9.0% |
| 2002 | 0.1503 | -6.9% |
| 2003 | 0.1696 | +12.8% |
| 2004 | 0.1938 | +14.2% |
| 2005 | 0.2039 | +5.2% |
| 2006 | 0.2088 | +2.4% |
| 2007 | 0.1908 | -8.6% |
| 2008 | 0.1748 | -8.4% |
| 2009 | 0.1609 | -7.9% |
| 2010 | 0.15 | -6.8% |
| 2011 | 0.1557 | +3.8% |
| 2012 | 0.1522 | -2.2% |
| 2013 | 0.1592 | +4.6% |
| 2014 | 0.1847 | +16.0% |
| 2015 | 0.1819 | -1.5% |
| 2016 | 0.183 | +0.7% |
| 2017 | 0.1891 | +3.3% |
| 2018 | 0.191 | +1.0% |
| 2019 | 0.1941 | +1.6% |
| 2020 | 0.1913 | -1.5% |
Madagascar compared with similar countries
- Madagascar's 0.1913 is above the median for low income countries, which is 0.1872, 1.0× the median. (22 countries reporting)
- Madagascar's 0.1913 is below the median for Sub-Saharan Africa, which is 0.2105, 91% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.126 | 0.0993 | 0.1407 | 10 |
| 1990s | 0.1421 | 0.0889 | 0.2093 | 10 |
| 2000s | 0.1792 | 0.1503 | 0.2088 | 10 |
| 2010s | 0.1741 | 0.15 | 0.1941 | 10 |
| 2020s | 0.1913 | 0.1913 | 0.1913 | 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 financial institutions index in Madagascar?
- Financial institutions index in Madagascar was 0.1913 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Madagascar?
- The highest recorded value was 0.2093 in 1996.
- What is the lowest financial institutions index recorded in Madagascar?
- The lowest recorded value was 0.0889 in 1990.
- How does Madagascar rank for financial institutions index?
- Madagascar ranks 160th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Madagascar?
- Over the last ten years it is up 27.6%. 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 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.