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Bank Deposits (Local Currency) in Madagascar

Source: National Central Bank, IMF
Last Updated: July 24, 2023

Bank deposits reached MGA 12,065 bil in first quarter of 2022 in Madagascar, according to the National Central Bank. This is 6.49% more than in the previous quarter.

Historically, bank deposits in Madagascar reached an all time high of MGA 12,065 bil in 1Q2022 and an all time low of MGA 3,514 bil in 2Q2012.

Madagascar has been ranked 6th within the group of 45 countries we follow in terms of bank deposits.

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