What is account in Madagascar?

Account in Madagascar was 24.5% in 2024, according to Global Findex Database.

What is the highest account recorded in Madagascar?

The highest recorded value was 26.3% in 2022.

What is the lowest account recorded in Madagascar?

The lowest recorded value was 5.5% in 2011.

How does Madagascar rank for account?

Madagascar ranks 112th out of 116 countries with data for 2024.

Is account rising or falling in Madagascar?

Over the last ten years it is up 185.9%. The long-run trend across the full record is volatile.

Where does this Madagascar data come from?

The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

Account in Madagascar

Name: Account in Madagascar
Creator: Global Findex Database
License: CC BY 4.0 (World Bank Open Data)

Madagascar: Account was 24.5% in 2024. ◆ Volatile

Latest (2024)

24.5%

Change on year

down 7.0%

World rank

112th

of 116 countries

All-time high

26.3%

in 2022

All-time low

5.5%

in 2011

Years of data

2011–2024

Account in Madagascar, 2011–2024

Source: Global Findex Database. Measured in % age 15+.

Analysis

Madagascar recorded 24.5% for account in 2024.

The figure is down 7.0% on the previous year and up 185.9% over ten years.

Over the whole period, account in Madagascar peaked at 26.3% in 2022 and was at its lowest, 5.5%, in 2011.

Madagascar ranks 112th of 116 countries on this measure, in the bottom quarter.

Averages by decade

Decade	Average	Lowest	Highest	Years
2010s	10.6%	5.5%	17.9%	3
2020s	25.4%	24.5%	26.3%	2

Countries ranked near Madagascar

109 Iraq 30.2% compare
110 Mauritania 27.3% compare
111 Pakistan 27.3% compare
113 Nicaragua 23.5% compare
114 Lebanon 23.0% compare
115 Chad 20.9% compare

See the full ranking of 129 places →

More reference data data for Madagascar

Number of child deaths per woman 0.2353 under-five deaths per woman (2024)
Fertility rate vs. Human Development Index 3.97 live births per woman (2023)
Fertility rate: births per woman 3.97 live births per woman (2023)
Fertility rate: births per woman 3.97 live births per woman (2023)
Human Development Index 0.487 (2023)
Rule of Law - Governance estimate -0.8827 approx. -2.5 to +2.5 (2024)
Rule of Law - Governance score 41.77 0-100 (2024)
Voice and Accountability - Governance score 44.15 0-100 (2024)
Voice and Accountability - Governance estimate -0.7254 approx. -2.5 to +2.5 (2024)
Political Stability - Governance estimate -0.4806 approx. -2.5 to +2.5 (2024)

All data for Madagascar →

Frequently asked questions

What is account in Madagascar?: Account in Madagascar was 24.5% in 2024, according to Global Findex Database.
What is the highest account recorded in Madagascar?: The highest recorded value was 26.3% in 2022.
What is the lowest account recorded in Madagascar?: The lowest recorded value was 5.5% in 2011.
How does Madagascar rank for account?: Madagascar ranks 112th out of 116 countries with data for 2024.
Is account rising or falling in Madagascar?: Over the last ten years it is up 185.9%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?: The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Account (% age 15+)
Unit: % age 15+
Source: Global Findex Database
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 129 places, 645 data points, 2011–2024
Last refreshed: 06 August 2026

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)