Financial and insurance activities (banking), value added in Madagascar
Madagascar: Financial and insurance activities (banking), value added was 74.85 million current US$ in 2009. β² Rising
Financial and insurance activities (banking), value added in Madagascar, 1984β2009
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2009, financial and insurance activities (banking), value added in Madagascar stood at 74.85 million current US$. That is the highest value across all 24 years on record.
The figure is up 10.4% on the previous year and up 135.5% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Madagascar peaked at 74.85 million current US$ in 2009 and was at its lowest, 24.03 million current US$, in 1995.
Madagascar ranks 24th of 37 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 41.97 million current US$ | 34.89 million current US$ | 50.09 million current US$ | 6 |
| 1990s | 32.89 million current US$ | 24.03 million current US$ | 41.63 million current US$ | 10 |
| 2000s | 46.46 million current US$ | 28.47 million current US$ | 74.85 million current US$ | 8 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Taxes less subsidies on products (current LCU), annual growth rate 11.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 342.64 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 205,330 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 6,266 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 4,575 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0002 (2025)
- Gdp worldbank constant usd, annual growth rate 3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7618 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 456.51 units per person (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 74.85 million current US$ 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 74.85 million current US$ in 2009.
- What is the lowest financial and insurance activities (banking), value added recorded in Madagascar?
- The lowest recorded value was 24.03 million current US$ in 1995.
- How does Madagascar rank for financial and insurance activities (banking), value added?
- Madagascar ranks 24th out of 37 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 135.5%. The long-run trend across the full record is rising.
- 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 US$). 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 U.S. dollars.