Number of commercial bank branches per 100,000 adults in Madagascar

Madagascar: Number of commercial bank branches per 100,000 adults was 2.71 in 2024. ▲ Rising

Latest (2024)
2.71
Change on year
down 1.0%
World rank
152nd
of 167 countries
All-time high
2.85
in 2021
All-time low
1.08
in 2005
Years of data
21
2004–2024

Number of commercial bank branches per 100,000 adults in Madagascar, 2004–2024

01232004201420242004: 1.12005: 1.12006: 1.12007: 1.22008: 1.32009: 1.42010: 1.42011: 1.52012: 1.52013: 1.62014: 1.82015: 22016: 2.12017: 2.22018: 2.32019: 2.42020: 2.42021: 2.82022: 2.82023: 2.72024: 2.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for number of commercial bank branches per 100,000 adults in Madagascar is 2.71, measured in 2024.

Compared with earlier readings it is down 1.0% on the previous year and up 48.9% over ten years.

Over the whole period, number of commercial bank branches per 100,000 adults in Madagascar peaked at 2.85 in 2021 and was at its lowest, 1.08, in 2005.

Madagascar ranks 152nd of 167 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Number of commercial bank branches per 100,000 adults in Madagascar, year by year

Annual values for Number of commercial bank branches per 100,000 adults in Madagascar, 2004 to 2024.
Year Value Change
2004 1.08
2005 1.08 -0.5%
2006 1.1 +1.9%
2007 1.22 +11.4%
2008 1.28 +5.2%
2009 1.36 +5.7%
2010 1.41 +3.7%
2011 1.47 +4.3%
2012 1.55 +5.3%
2013 1.61 +4.1%
2014 1.82 +13.2%
2015 1.98 +8.6%
2016 2.11 +6.7%
2017 2.22 +5.3%
2018 2.28 +2.7%
2019 2.36 +3.2%
2020 2.42 +2.4%
2021 2.85 +17.8%
2022 2.84 -0.2%
2023 2.74 -3.5%
2024 2.71 -1.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.19 1.08 1.36 6
2010s 1.88 1.41 2.36 10
2020s 2.71 2.42 2.85 5

Countries ranked near Madagascar

  1. 149 Burundi 3.24 compare
  2. 150 Liberia 3 compare
  3. 151 Guinea 2.78 compare
  4. 153 Burkina Faso 2.69 compare
  5. 154 Haiti 2.67 compare
  6. 155 Benin 2.52 compare

See the full ranking of 196 places →

More development goals data for Madagascar

All data for Madagascar →

Frequently asked questions

What is number of commercial bank branches per 100,000 adults in Madagascar?
Number of commercial bank branches per 100,000 adults in Madagascar was 2.71 in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest number of commercial bank branches per 100,000 adults recorded in Madagascar?
The highest recorded value was 2.85 in 2021.
What is the lowest number of commercial bank branches per 100,000 adults recorded in Madagascar?
The lowest recorded value was 1.08 in 2005.
How does Madagascar rank for number of commercial bank branches per 100,000 adults?
Madagascar ranks 152nd out of 167 countries with data for 2024.
Is number of commercial bank branches per 100,000 adults rising or falling in Madagascar?
Over the last ten years it is up 48.9%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.

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Number of commercial bank branches per 100,000 adults in Madagascar. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 01 September 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/madagascar/

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About this data

Indicator
Number of commercial bank branches per 100,000 adults
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
196 places, 3,704 data points, 2004–2024
Last refreshed