Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Madagascar
Madagascar: Household Sector Loan Accounts with Commercial Banks per 1,000 Adults was 146.81 in 2024. ◆ Volatile
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Madagascar, 2004–2024
Source: International Monetary Fund.
Analysis
Madagascar recorded 146.81 for household sector loan accounts with commercial banks per 1,000 adults in 2024. That is the highest value across all 21 years on record.
The figure is up 20.3% on the previous year and up 646.5% over ten years.
Over the whole period, household sector loan accounts with commercial banks per 1,000 adults in Madagascar peaked at 146.81 in 2024 and was at its lowest, 4.94, in 2004.
Madagascar ranks 69th of 98 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.94 | — |
| 2005 | 6.52 | +31.9% |
| 2006 | 7.62 | +16.9% |
| 2007 | 9.28 | +21.9% |
| 2008 | 12.17 | +31.1% |
| 2009 | 11.66 | -4.2% |
| 2010 | 11.8 | +1.2% |
| 2011 | 12.37 | +4.9% |
| 2012 | 13.2 | +6.7% |
| 2013 | 13.99 | +6.0% |
| 2014 | 19.67 | +40.5% |
| 2015 | 18.17 | -7.6% |
| 2016 | 15.87 | -12.7% |
| 2017 | 25.03 | +57.7% |
| 2018 | 49.34 | +97.1% |
| 2019 | 67.7 | +37.2% |
| 2020 | 72.32 | +6.8% |
| 2021 | 91.9 | +27.1% |
| 2022 | 130.09 | +41.6% |
| 2023 | 122.06 | -6.2% |
| 2024 | 146.81 | +20.3% |
Madagascar compared with similar countries
- Madagascar's 146.81 is above the median for low income countries, which is 15.43, 9.5× the median. (7 countries reporting)
- Madagascar's 146.81 is above the median for Sub-Saharan Africa, which is 56.25, 2.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.7 | 4.94 | 12.17 | 6 |
| 2010s | 24.71 | 11.8 | 67.7 | 10 |
| 2020s | 112.63 | 72.32 | 146.81 | 5 |
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)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is household sector loan accounts with commercial banks per 1,000 adults in Madagascar?
- Household sector loan accounts with commercial banks per 1,000 adults in Madagascar was 146.81 in 2024, according to International Monetary Fund.
- What is the highest household sector loan accounts with commercial banks per 1,000 adults recorded in Madagascar?
- The highest recorded value was 146.81 in 2024.
- What is the lowest household sector loan accounts with commercial banks per 1,000 adults recorded in Madagascar?
- The lowest recorded value was 4.94 in 2004.
- How does Madagascar rank for household sector loan accounts with commercial banks per 1,000 adults?
- Madagascar ranks 69th out of 98 countries with data for 2024.
- Is household sector loan accounts with commercial banks per 1,000 adults rising or falling in Madagascar?
- Over the last ten years it is up 646.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Household Sector Loan Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.