Financial Inclusion in Madagascar

Madagascar is a country in Sub-Saharan Africa. On this country page, you can find key financial inclusion knowledge resources and data available specifically for Madagascar, including the latest publications, news and events. 

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Key Financial Inclusion Data

The charts below, based on the latest available Global Findex data, explore key financial inclusion trends in Madagascar. Find out how the country compares to others in the region and across the globe on important aspects of financial inclusion such as account ownership and usage, the gender disparity in financial inclusion and financial resilience.

Account Ownership

Percent of adults age 15+ with an account at a financial institution or through a mobile money provider. Regional data excludes high income countries

Source: Global Findex Database

Gender Gap in Account Ownership

Percent of adults age 15+ with an account. Regional data excludes high-income economies

Source: Global Findex Database

Use of Financial Services

Percent of adults age 15+. Country data: 2022. Regional data: 2021 (excluding high-income economies)

Source: Global Findex Database
Paper

Based on a literature review and case studies of various urban cash transfer schemes in response to the COVID-19 crisis, this paper explores the successes and challenges of implementing cash transfers in urban settings in response to a large, covariate shock.

Paper

Learning from successful MSME owners' journeys in Ethiopia, Kenya and Madagascar
Paper

Findings from four country pilots of AKAM's monitoring, evaluation and learning framework

News & Events

Members of the financial inclusion community contributed the following news and events.