Proportion of adults (15 years and older) with an account at a in Madagascar

Madagascar: Proportion of adults (15 years and older) with an account at a was 24.5% in 2024. ◆ Volatile

Latest (2024)
24.5%
Change on year
down 7.0%
World rank
118th
of 122 countries
All-time high
26.3%
in 2021
All-time low
5.5%
in 2011
Years of data
5
2011–2024

Proportion of adults (15 years and older) with an account at a in Madagascar, 2011–2024

5101520252011201720242011: 5.5 %2014: 8.6 %2017: 17.9 %2021: 26.3 %2024: 24.5 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for proportion of adults (15 years and older) with an account at a in Madagascar is 24.5%, measured in 2024.

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

Over the whole period, proportion of adults (15 years and older) with an account at a in Madagascar peaked at 26.3% in 2021 and was at its lowest, 5.5%, in 2011.

That places Madagascar 118th out of 122 countries with data for 2024, putting it in the bottom quarter.

Proportion of adults (15 years and older) with an account at a in Madagascar, year by year

Annual values for Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older) in Madagascar, 2011 to 2024.
Year % Change
2011 5.5%
2014 8.6% +54.8%
2017 17.9% +108.9%
2021 26.3% +47.2%
2024 24.5% -7.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.6% 5.5% 17.9% 3
2020s 25.4% 24.5% 26.3% 2

Countries ranked near Madagascar

  1. 115 Iraq 30.2% compare
  2. 116 Mauritania 27.3% compare
  3. 117 Pakistan 27.3% compare
  4. 119 Nicaragua 23.5% compare
  5. 120 Lebanon 23.0% compare
  6. 121 Chad 20.9% compare

See the full ranking of 160 places →

More science & technology data for Madagascar

All data for Madagascar →

Frequently asked questions

What is proportion of adults (15 years and older) with an account at a in Madagascar?
Proportion of adults (15 years and older) with an account at a in Madagascar was 24.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest proportion of adults (15 years and older) with an account at a recorded in Madagascar?
The highest recorded value was 26.3% in 2021.
What is the lowest proportion of adults (15 years and older) with an account at a recorded in Madagascar?
The lowest recorded value was 5.5% in 2011.
How does Madagascar rank for proportion of adults (15 years and older) with an account at a?
Madagascar ranks 118th out of 122 countries with data for 2024.
Is proportion of adults (15 years and older) with an account at a 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 United Nations Statistics Division, SDG Global Database, published as part of Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older). Statizoid updates them automatically from the source API.

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Proportion of adults (15 years and older) with an account at a in Madagascar. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 09 September 2026, from https://science-tech.statizoid.com/stat/proportion-of-adults-15-years-and-older-with-an-account-at-a-financial-institution-or/madagascar/

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About this data

Indicator
Proportion of adults (15 years and older) with an account at a financial institution or mobile-money-service provider, by sex (% of adults aged 15 years and older)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
160 places, 800 data points, 2011–2024
Last refreshed