Number of Household Sector Borrowers at All Microfinance Institutions in Madagascar
Madagascar: Number of Household Sector Borrowers at All Microfinance Institutions was 17.24 in 2024. ▲ Rising
Number of Household Sector Borrowers at All Microfinance Institutions in Madagascar, 2004–2024
Source: International Monetary Fund.
Analysis
Madagascar recorded 17.24 for number of household sector borrowers at all microfinance institutions in 2024.
The figure is up 11.5% on the previous year and up 27.5% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Madagascar peaked at 17.79 in 2019 and was at its lowest, 4.15, in 2004.
That places Madagascar 41st out of 60 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Household Sector Borrowers at All Microfinance Institutions in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.15 | — |
| 2005 | 4.46 | +7.3% |
| 2006 | 5.7 | +28.0% |
| 2007 | 7 | +22.8% |
| 2008 | 9.58 | +36.9% |
| 2009 | 9.91 | +3.4% |
| 2010 | 11.67 | +17.7% |
| 2011 | 12.39 | +6.3% |
| 2012 | 13.43 | +8.4% |
| 2013 | 13.44 | +0.0% |
| 2014 | 13.52 | +0.6% |
| 2015 | 14.34 | +6.1% |
| 2016 | 16.1 | +12.2% |
| 2017 | 14.96 | -7.1% |
| 2018 | 16.08 | +7.5% |
| 2019 | 17.79 | +10.6% |
| 2020 | 15.12 | -15.0% |
| 2021 | 14.72 | -2.6% |
| 2022 | 14.27 | -3.1% |
| 2023 | 15.46 | +8.3% |
| 2024 | 17.24 | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8 | 4.15 | 9.91 | 6 |
| 2010s | 14.37 | 11.67 | 17.79 | 10 |
| 2020s | 15.36 | 14.27 | 17.24 | 5 |
Countries ranked near Madagascar
- 38 Lao People's Democratic Republic 19.39 compare
- 39 Burundi 18.51 compare
- 40 Liberia 18.45 compare
- 42 Côte d'Ivoire 16.47 compare
- 43 Burkina Faso 16.28 compare
- 44 Timor-Leste 14.46 compare
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 household sector borrowers at all microfinance institutions in Madagascar?
- Number of household sector borrowers at all microfinance institutions in Madagascar was 17.24 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Madagascar?
- The highest recorded value was 17.79 in 2019.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Madagascar?
- The lowest recorded value was 4.15 in 2004.
- How does Madagascar rank for number of household sector borrowers at all microfinance institutions?
- Madagascar ranks 41st out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Madagascar?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. 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.