Bank branches in Madagascar in 2024 — 2.71 per 100k. Ranked 144 in the world out of 153. Since 2004, the indicator has risen by 151%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Madagascar
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 2.71 | −0.03 | −1.03% |
| 2023 | 2.74 | −0.1 | −3.47% |
| 2022 | 2.84 | −0.01 | −0.2% |
| 2021 | 2.85 | +0.43 | +17.83% |
| 2020 | 2.42 | +0.06 | +2.44% |
| 2019 | 2.36 | +0.07 | +3.24% |
| 2018 | 2.28 | +0.06 | +2.74% |
| 2017 | 2.22 | +0.11 | +5.28% |
| 2016 | 2.11 | +0.13 | +6.72% |
| 2015 | 1.98 | +0.16 | +8.6% |
| 2014 | 1.82 | +0.21 | +13.16% |
| 2013 | 1.61 | +0.06 | +4.08% |
| 2012 | 1.55 | +0.08 | +5.26% |
| 2011 | 1.47 | +0.06 | +4.32% |
| 2010 | 1.41 | +0.05 | +3.74% |
| 2009 | 1.36 | +0.07 | +5.75% |
| 2008 | 1.28 | +0.06 | +5.18% |
| 2007 | 1.22 | +0.12 | +11.37% |
| 2006 | 1.1 | +0.02 | +1.92% |
| 2005 | 1.08 | −0.01 | −0.49% |
| 2004 | 1.08 | — | — |
The same indicator for neighboring countries — with links to their pages
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
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