Financial Markets Depth Index in Madagascar
Madagascar: Financial Markets Depth Index was 0.0095 in 2020. ▼ Falling
Financial Markets Depth Index in Madagascar, 1980–2020
Source: International Monetary Fund.
Analysis
Madagascar recorded 0.0095 for financial markets depth index in 2020.
Compared with earlier readings it is up 7.0% on the previous year and down 24.3% over ten years.
Over the whole period, financial markets depth index in Madagascar peaked at 0.0259 in 1987 and was at its lowest, 0.0089, in 2019.
That places Madagascar 137th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Financial Markets Depth Index in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0252 | — |
| 1981 | 0.0237 | -5.8% |
| 1982 | 0.0222 | -6.4% |
| 1983 | 0.0217 | -2.1% |
| 1984 | 0.024 | +10.5% |
| 1985 | 0.0257 | +7.0% |
| 1986 | 0.0257 | +0.3% |
| 1987 | 0.0259 | +0.7% |
| 1988 | 0.0208 | -19.6% |
| 1989 | 0.0204 | -2.2% |
| 1990 | 0.0196 | -3.6% |
| 1991 | 0.0209 | +6.5% |
| 1992 | 0.0215 | +2.8% |
| 1993 | 0.0201 | -6.5% |
| 1994 | 0.0176 | -12.5% |
| 1995 | 0.0161 | -8.3% |
| 1996 | 0.0158 | -2.4% |
| 1997 | 0.0151 | -3.9% |
| 1998 | 0.0137 | -9.7% |
| 1999 | 0.0135 | -1.2% |
| 2000 | 0.0158 | +16.6% |
| 2001 | 0.0147 | -6.8% |
| 2002 | 0.0154 | +5.2% |
| 2003 | 0.0156 | +1.0% |
| 2004 | 0.0183 | +17.0% |
| 2005 | 0.0179 | -1.7% |
| 2006 | 0.0198 | +10.4% |
| 2007 | 0.0207 | +4.7% |
| 2008 | 0.0165 | -20.5% |
| 2009 | 0.0131 | -20.6% |
| 2010 | 0.0126 | -3.7% |
| 2011 | 0.0109 | -13.6% |
| 2012 | 0.0109 | -0.2% |
| 2013 | 0.0101 | -6.8% |
| 2014 | 0.01 | -0.8% |
| 2015 | 0.0111 | +10.6% |
| 2016 | 0.0106 | -4.4% |
| 2017 | 0.0095 | -10.1% |
| 2018 | 0.0091 | -4.2% |
| 2019 | 0.0089 | -2.4% |
| 2020 | 0.0095 | +7.0% |
Madagascar compared with similar countries
- Madagascar's 0.0095 is above the median for low income countries, which is 0.0083, 1.1× the median. (22 countries reporting)
- Madagascar's 0.0095 is below the median for Sub-Saharan Africa, which is 0.0249, 38% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0235 | 0.0204 | 0.0259 | 10 |
| 1990s | 0.0174 | 0.0135 | 0.0215 | 10 |
| 2000s | 0.0168 | 0.0131 | 0.0207 | 10 |
| 2010s | 0.0104 | 0.0089 | 0.0126 | 10 |
| 2020s | 0.0095 | 0.0095 | 0.0095 | 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 markets depth index in Madagascar?
- Financial markets depth index in Madagascar was 0.0095 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Madagascar?
- The highest recorded value was 0.0259 in 1987.
- What is the lowest financial markets depth index recorded in Madagascar?
- The lowest recorded value was 0.0089 in 2019.
- How does Madagascar rank for financial markets depth index?
- Madagascar ranks 137th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Madagascar?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Financial Markets Depth 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.