Financial and insurance activities (banking), value added in Madagascar
Madagascar: Financial and insurance activities (banking), value added was 146.43 billion current LCU in 2009. ◆ Volatile
Financial and insurance activities (banking), value added in Madagascar, 1984–2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Madagascar is 146.43 billion current LCU, measured in 2009. That is the highest value across all 24 years on record.
That represents a change of up 26.4% on the previous year and up 266.5% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Madagascar peaked at 146.43 billion current LCU in 2009 and was at its lowest, 5.78 billion current LCU, in 1984.
That places Madagascar 7th out of 36 countries with data for 2009, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Madagascar, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 5.78 billion current LCU | — |
| 1985 | 5.87 billion current LCU | +1.6% |
| 1986 | 6.35 billion current LCU | +8.3% |
| 1987 | 8.63 billion current LCU | +35.9% |
| 1988 | 9.82 billion current LCU | +13.8% |
| 1989 | 11.30 billion current LCU | +15.1% |
| 1990 | 11.30 billion current LCU | +0.0% |
| 1991 | 12.94 billion current LCU | +14.5% |
| 1992 | 11.95 billion current LCU | -7.7% |
| 1993 | 13.42 billion current LCU | +12.3% |
| 1994 | 15.44 billion current LCU | +15.0% |
| 1995 | 20.50 billion current LCU | +32.8% |
| 1996 | 29.48 billion current LCU | +43.8% |
| 1997 | 42.39 billion current LCU | +43.8% |
| 1998 | 32.43 billion current LCU | -23.5% |
| 1999 | 39.95 billion current LCU | +23.2% |
| 2000 | 51.87 billion current LCU | +29.8% |
| 2001 | 45.38 billion current LCU | -12.5% |
| 2004 | 53.21 billion current LCU | +17.2% |
| 2005 | 67.10 billion current LCU | +26.1% |
| 2006 | 85.41 billion current LCU | +27.3% |
| 2007 | 102.02 billion current LCU | +19.4% |
| 2008 | 115.80 billion current LCU | +13.5% |
| 2009 | 146.43 billion current LCU | +26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.96 billion current LCU | 5.78 billion current LCU | 11.30 billion current LCU | 6 |
| 1990s | 22.98 billion current LCU | 11.30 billion current LCU | 42.39 billion current LCU | 10 |
| 2000s | 83.40 billion current LCU | 45.38 billion current LCU | 146.43 billion current LCU | 8 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- GNI, Atlas method (current US$), annual growth rate 10.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9276 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 555.91 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.01 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9768 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 585.37 current US$ per person (2025)
- GNI (current LCU), annual growth rate 12.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 4,425 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 2.65 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 5.83 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Madagascar?
- Financial and insurance activities (banking), value added in Madagascar was 146.43 billion current LCU in 2009, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Madagascar?
- The highest recorded value was 146.43 billion current LCU in 2009.
- What is the lowest financial and insurance activities (banking), value added recorded in Madagascar?
- The lowest recorded value was 5.78 billion current LCU in 1984.
- How does Madagascar rank for financial and insurance activities (banking), value added?
- Madagascar ranks 7th out of 36 countries with data for 2009.
- Is financial and insurance activities (banking), value added rising or falling in Madagascar?
- Over the last ten years it is up 266.5%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current local currency.