Outstanding Deposits, Commercial Banks, of Which: Household Sector in Madagascar
Madagascar: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 5.96 trillion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Madagascar, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in Madagascar is 5.96 trillion, measured in 2024. That is the highest value across all 21 years on record.
The figure is up 6.1% on the previous year and up 218.5% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Madagascar peaked at 5.96 trillion in 2024 and was at its lowest, 213.72 billion, in 2004.
Madagascar ranks 23rd of 127 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 213.72 billion | — |
| 2005 | 464.31 billion | +117.2% |
| 2006 | 554.45 billion | +19.4% |
| 2007 | 733.60 billion | +32.3% |
| 2008 | 769.94 billion | +5.0% |
| 2009 | 1.09 trillion | +41.2% |
| 2010 | 1.24 trillion | +13.7% |
| 2011 | 1.50 trillion | +21.7% |
| 2012 | 1.62 trillion | +8.0% |
| 2013 | 1.70 trillion | +4.8% |
| 2014 | 1.87 trillion | +10.0% |
| 2015 | 1.96 trillion | +4.6% |
| 2016 | 2.28 trillion | +16.4% |
| 2017 | 2.76 trillion | +21.0% |
| 2018 | 2.88 trillion | +4.5% |
| 2019 | 3.37 trillion | +16.9% |
| 2020 | 3.75 trillion | +11.4% |
| 2021 | 4.40 trillion | +17.2% |
| 2022 | 4.52 trillion | +2.8% |
| 2023 | 5.62 trillion | +24.3% |
| 2024 | 5.96 trillion | +6.1% |
Madagascar compared with similar countries
- Madagascar's 5.96 trillion is above the median for low income countries, which is 297.82 billion, 20.0× the median. (10 countries reporting)
- Madagascar's 5.96 trillion is above the median for Sub-Saharan Africa, which is 284.32 billion, 21.0× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, Commercial Banks, of Which: Household Sector in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +117.2% | 213.72 billion | 464.31 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 637.22 billion | 213.72 billion | 1.09 trillion | 6 |
| 2010s | 2.12 trillion | 1.24 trillion | 3.37 trillion | 10 |
| 2020s | 4.85 trillion | 3.75 trillion | 5.96 trillion | 5 |
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 outstanding deposits, commercial banks, of which: household sector in Madagascar?
- Outstanding deposits, commercial banks, of which: household sector in Madagascar was 5.96 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Madagascar?
- The highest recorded value was 5.96 trillion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Madagascar?
- The lowest recorded value was 213.72 billion in 2004.
- How does Madagascar rank for outstanding deposits, commercial banks, of which: household sector?
- Madagascar ranks 23rd out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Madagascar?
- Over the last ten years it is up 218.5%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.