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Bank Assets (As % of GDP) in Madagascar

Source: Federal Reserve Bank of St. Louis (1965-2011, figures for Deposit Money Banks only), National Central Bank, Helgi Analytics calculation
Last Updated: Jun 1, 2022

Bank assets as a share of GDP reached 27.2 % in 2020 in Madagascar, according to the National Central Bank. This is 13.7 % more than in the previous year.

Historically, bank assets as a share of GDP in Madagascar reached an all time high of 27.2 % in 2020 and an all time low of % in. When compared to Madagascar's main peers, bank assets as a share of GDP in South Africa amounted to 133 % and 23.4 % in Tanzania in 2020.

Madagascar has been ranked 48th within the group of 53 countries we follow in terms of bank assets as a share of GDP, 101 places above the position seen 10 years ago.

Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.

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