ATMs in Madagascar: 3.0 (ATMs, 2024 · 166th of 171). ATMs (per 100,000 adults) in Madagascar: 3.0 in 2024, ranking 166th of 171 countries. In 2010 it was 1.3.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks ATMs (per 100,000 adults) in Madagascar for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in per 100,000 adults. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Madagascar's ATMs rose from 1.3 to 3.0, a change of 124.4% (about 5.9% a year on average).
- The highest value in this period was 3.1 in 2022; the lowest was 1.3 in 2010.
- Recently, the figure has moved up and down over the last three years (2023: 3.0; 2024: 3.0).
- That is 93% lower than the world figure of 41.9.
- Madagascar has the 166th-highest value of 171 countries with recent data.
- In Eastern Africa, Madagascar has the 14th-highest value of 16 countries with recent data; the highest is Seychelles (76.2), and the typical (median) value is 5.1.
Analysis
Averaged over periods, the figure was 1.6 in 2010 to 2014, 2.6 in 2015 to 2019 and 3.0 in 2020 onwards. The value went up in 13 of the 14 year-to-year steps and down in 1. The biggest one-year rise came in 2016 (+0.3, or 11.8%). The biggest one-year fall came in 2023 (−0.1, or 2.7%). Across the period the values varied by about 26% around their average (2.4), a moderate amount of change.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Eastern Africa, where the typical value is 5.1, Madagascar is 40% lower than the regional median.
Related figures
- ATMs (per 100,000 adults) by country, 2024: 306.5 (highest: Uruguay). The number of automated teller machines for every 100,000 adults.
- ATMs (per 100,000 adults) in Burundi, 2010–2022: 1.6 (ATMs, 2022 · 169th of 171). ATMs (per 100,000 adults) in Burundi: 1.6 in 2022, ranking 169th of 171 countries.
- ATMs (per 100,000 adults) in Comoros, 2010–2024: 4.6 (ATMs, 2024 · 156th of 171). ATMs (per 100,000 adults) in Comoros: 4.6 in 2024, ranking 156th of 171 countries.
About this statistic
The number of automated teller machines for every 100,000 adults. A rough guide to how much people use cash, along with access to banking.
Access to credit, interest rates and banking services decide how easily households can borrow and spend, and how easily small businesses can fund equipment, stock and growth. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the aTMs (per 100,000 adults) in Madagascar?
3.0 (ATMs, 2024 · 166th of 171). ATMs (per 100,000 adults) in Madagascar: 3.0 in 2024, ranking 166th of 171 countries. In 2010 it was 1.3.
How has ATMs in Madagascar changed since 2010?
Between 2010 and 2024, Madagascar's ATMs rose from 1.3 to 3.0, a change of 124.4% (about 5.9% a year on average). The highest value in this period was 3.1 in 2022; the lowest was 1.3 in 2010.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. The number of automated teller machines for every 100,000 adults. A rough guide to how much people use cash, along with access to banking.
Data
| Year | ATMs (per 100,000 adults) |
|---|---|
| 2010 | 1.3 |
| 2011 | 1.5 |
| 2012 | 1.6 |
| 2013 | 1.7 |
| 2014 | 2.0 |
| 2015 | 2.2 |
| 2016 | 2.4 |
| 2017 | 2.7 |
| 2018 | 2.8 |
| 2019 | 2.9 |
| 2020 | 3.0 |
| 2021 | 3.0 |
| 2022 | 3.1 |
| 2023 | 3.0 |
| 2024 | 3.0 |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Madagascar.
The number of automated teller machines for every 100,000 adults. A rough guide to how much people use cash, along with access to banking.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- ATMs (per 100,000 adults) by country, 2024
- ATMs (per 100,000 adults) in Burundi, 2010–2022
- ATMs (per 100,000 adults) in Comoros, 2010–2024
- ATMs (per 100,000 adults) in Djibouti, 2010–2024
- ATMs (per 100,000 adults) in Ethiopia, 2010–2023
- GDP of Madagascar, 2010–2025
- Economic growth (GDP growth) in Madagascar, 2010–2025
- GDP per person in Madagascar, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Madagascar, 2010–2024
All Madagascar data: economy, people, jobs and digital in one place
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