Number of Borrowers, Non-Deposit Taking Microfinance Institutions, of in Madagascar
Madagascar: Number of Borrowers, Non-Deposit Taking Microfinance Institutions, of was 2,477 in 2024. ◆ Volatile
Number of Borrowers, Non-Deposit Taking Microfinance Institutions, of in Madagascar, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, number of borrowers, non-deposit taking microfinance institutions, of in Madagascar stood at 2,477.
That represents a change of up 4.0% on the previous year and down 90.4% over ten years.
Over the whole period, number of borrowers, non-deposit taking microfinance institutions, of in Madagascar peaked at 32,926 in 2016 and was at its lowest, 1,394, in 2019.
That places Madagascar 24th out of 27 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Borrowers, Non-Deposit Taking Microfinance Institutions, of in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4,214 | — |
| 2005 | 4,843 | +14.9% |
| 2006 | 6,285 | +29.8% |
| 2007 | 9,193 | +46.3% |
| 2008 | 10,555 | +14.8% |
| 2009 | 12,849 | +21.7% |
| 2010 | 19,672 | +53.1% |
| 2011 | 23,398 | +18.9% |
| 2012 | 26,762 | +14.4% |
| 2013 | 25,203 | -5.8% |
| 2014 | 25,730 | +2.1% |
| 2015 | 23,143 | -10.1% |
| 2016 | 32,926 | +42.3% |
| 2017 | 18,538 | -43.7% |
| 2018 | 18,709 | +0.9% |
| 2019 | 1,394 | -92.5% |
| 2020 | 1,545 | +10.8% |
| 2021 | 2,076 | +34.4% |
| 2022 | 1,895 | -8.7% |
| 2023 | 2,382 | +25.7% |
| 2024 | 2,477 | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,990 | 4,214 | 12,849 | 6 |
| 2010s | 21,548 | 1,394 | 32,926 | 10 |
| 2020s | 2,075 | 1,545 | 2,477 | 5 |
Countries ranked near Madagascar
More gender data for Madagascar
- Child population (UN estimates and projections) 13,788 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 1.52 % change on previous year (2030)
- Population 22,905 (2030)
- Working-age population (UN estimates and projections) 22,905 (2030)
- Population (UN estimates and projections), annual growth rate 2.66 % change on previous year (2030)
- Age population, age 00, female, interpolated 483,299 (2025)
- Age population, age 00, male, interpolated 498,396 (2025)
- Age population, age 01, female, interpolated 473,008 (2025)
- Age population, age 01, male, interpolated 486,670 (2025)
- Age population, age 02, female, interpolated 464,238 (2025)
Frequently asked questions
- What is number of borrowers, non-deposit taking microfinance institutions, of in Madagascar?
- Number of borrowers, non-deposit taking microfinance institutions, of in Madagascar was 2,477 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, non-deposit taking microfinance institutions, of recorded in Madagascar?
- The highest recorded value was 32,926 in 2016.
- What is the lowest number of borrowers, non-deposit taking microfinance institutions, of recorded in Madagascar?
- The lowest recorded value was 1,394 in 2019.
- How does Madagascar rank for number of borrowers, non-deposit taking microfinance institutions, of?
- Madagascar ranks 24th out of 27 countries with data for 2024.
- Is number of borrowers, non-deposit taking microfinance institutions, of rising or falling in Madagascar?
- Over the last ten years it is down 90.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Non-Deposit Taking Microfinance Institutions, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.