Financial Sector Overview

At a Glance

Source
Population in thousands (2017): 25,570.9
GDP per capita (current US$) 2017 - World Average 10,721.61: 449.72
Account (%) age 15+) - (2014 vs 2017): 9% | 18%
Agriculture Orientation Index - Credit (Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): n/a
Financial Inclusion Strategies: • National Financial Inclusion Strategy of Madagascar (NFIS 2018-2020 (released Nov 2018)) • SADC Financial Inclusion Strategy 2016-2021
Domestic credit provided by financial sector (% of GDP) 2017: 18.98
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 5% | 15%
Remittances % of GDP for 2017: 0.025
Mortgage Interest Rate / Mortgage Term (years): 19% | 20

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Latest News & Events

Jul 11, 2018 | Ecofin Agency
The leading global advisory, brokerage and solutions company Willis Towers Watson plans to settle in 14 African countries to help boost insurance…

Latest Publications

Jul 31, 2018 | FinMark Trust | FinMark Trust
Jun 30, 2018 | N. Sharma, F. Razafimanantsoa et al. | The World Bank
Apr 30, 2017 | A.B. Fanta, K. Mutsonziwa, B. Berkowitz et al. | FinMark Trust
Mar 31, 2017 | M. Bourreau, S. Hoernig | IGC
Dec 31, 2016 | A.B. Fanta, K. Mutsonziwa, R. Goosen et al. | FinMark Trust