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Bank Staff Expenses (Local Currency) in Madagascar

Source: IMF
Last Updated: July 24, 2023

Bank staff expenses reached MGA 55,506 mil in third quarter of 2021 in Madagascar, according to the National Central Bank. This is 1.18% less than in the previous quarter.

Historically, bank staff expenses in Madagascar reached an all time high of MGA 56,168 mil in 2Q2021 and an all time low of MGA 18,441 mil in 1Q2011.

Madagascar has been ranked 12th within the group of 53 countries we follow in terms of bank staff expenses.

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