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Bank Deposits (Local Currency) in Madagascar

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

Bank deposits reached MGA 11,329 bil in 2021 in Madagascar, according to the National Central Bank. This is 12.2% more than in the previous year.

Historically, bank deposits in Madagascar reached an all time high of MGA 11,329 bil in 2021 and an all time low of MGA 1,902 bil in 2005.

Madagascar has been ranked 15th within the group of 74 countries we follow in terms of bank deposits.

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