Foreign banks among total banks (%) in Madagascar
Madagascar: Foreign banks among total banks (%) was 100.0% in 2013. ▲ Rising
Foreign banks among total banks in Madagascar, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Madagascar stood at 100.0%. That is the highest value across all 19 years on record.
The figure is unchanged over ten years.
Over the whole period, foreign banks among total banks in Madagascar peaked at 100.0% in 1999 and was at its lowest, 75.0%, in 1995.
Madagascar ranks 1st of 137 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 75.0% | — |
| 1996 | 75.0% | +0.0% |
| 1997 | 75.0% | +0.0% |
| 1998 | 80.0% | +6.7% |
| 1999 | 100.0% | +25.0% |
| 2000 | 100.0% | +0.0% |
| 2001 | 100.0% | +0.0% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 100.0% | +0.0% |
| 2006 | 100.0% | +0.0% |
| 2007 | 100.0% | +0.0% |
| 2008 | 100.0% | +0.0% |
| 2009 | 100.0% | +0.0% |
| 2010 | 100.0% | +0.0% |
| 2011 | 100.0% | +0.0% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
Madagascar compared with similar countries
- Madagascar's 100.0% is above the median for low income countries, which is 58.5%, 1.7× the median. (12 countries reporting)
- Madagascar's 100.0% is above the median for Sub-Saharan Africa, which is 60.0%, 1.7× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 81.0% | 75.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 4 |
Countries ranked near Madagascar
- 1 Barbados 100.0% compare
- 1 Burkina Faso 100.0% compare
- 4 Luxembourg 95.0% compare
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 foreign banks among total banks in Madagascar?
- Foreign banks among total banks in Madagascar was 100.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Madagascar?
- The highest recorded value was 100.0% in 1999.
- What is the lowest foreign banks among total banks recorded in Madagascar?
- The lowest recorded value was 75.0% in 1995.
- How does Madagascar rank for foreign banks among total banks?
- Madagascar ranks 1st out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Madagascar?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.