What is owns a debit card in Madagascar?

Owns a debit card in Madagascar was 2.5% in 2024, according to Global Findex Database.

What is the highest owns a debit card recorded in Madagascar?

The highest recorded value was 6.4% in 2022.

What is the lowest owns a debit card recorded in Madagascar?

The lowest recorded value was 0.9% in 2011.

How does Madagascar rank for owns a debit card?

Madagascar ranks 115th out of 116 countries with data for 2024.

Is owns a debit card rising or falling in Madagascar?

Over the last ten years it is up 57.7%. 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 Owns a debit card (% age 15+). Statizoid updates them automatically from the source API.

Owns a debit card in Madagascar

Name: Owns a debit card in Madagascar
Creator: Global Findex Database
License: CC BY 4.0 (World Bank Open Data)

Madagascar: Owns a debit card was 2.5% in 2024. ◆ Volatile

Latest (2024)

2.5%

Change on year

down 61.0%

World rank

115th

of 116 countries

All-time high

6.4%

in 2022

All-time low

0.9%

in 2011

Years of data

2011–2024

Owns a debit card in Madagascar, 2011–2024

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

Analysis

In 2024, owns a debit card in Madagascar stood at 2.5%.

That represents a change of down 61.0% on the previous year and up 57.7% over ten years.

Over the whole period, owns a debit card in Madagascar peaked at 6.4% in 2022 and was at its lowest, 0.9%, in 2011.

That places Madagascar 115th out of 116 countries with data for 2024, putting it in the bottom quarter.

Averages by decade

Decade	Average	Lowest	Highest	Years
2010s	1.9%	0.9%	3.2%	3
2020s	4.4%	2.5%	6.4%	2

Countries ranked near Madagascar

112 Benin 4.8% compare
113 Malawi 4.2% compare
114 Sierra Leone 3.5% compare
116 Niger 1.8% compare

See the full ranking of 127 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 owns a debit card in Madagascar?: Owns a debit card in Madagascar was 2.5% in 2024, according to Global Findex Database.
What is the highest owns a debit card recorded in Madagascar?: The highest recorded value was 6.4% in 2022.
What is the lowest owns a debit card recorded in Madagascar?: The lowest recorded value was 0.9% in 2011.
How does Madagascar rank for owns a debit card?: Madagascar ranks 115th out of 116 countries with data for 2024.
Is owns a debit card rising or falling in Madagascar?: Over the last ten years it is up 57.7%. 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 Owns a debit card (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Owns a debit card (% age 15+)
Unit: % age 15+
Source: Global Findex Database
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 127 places, 635 data points, 2011–2024
Last refreshed: 06 August 2026

The percentage of respondents who report having an ATM or debit card, (% age 15+)