Bank assets rose 8.46% yoy to MGA 20,298 bil in Madagascar in 1Q2024, according to the National Central Bank. This is 3.65% more than in the previous quarter.
Historically, bank assets in Madagascar reached an all time high of MGA 20,298 bil in 1Q2024 and an all time low of MGA 2,101 bil in 3Q2005.
Madagascar has been ranked 16th within the group of 58 countries we follow in terms of bank assets, 14 places above the position seen 10 years ago.
| Bank Assets (Local Currency) | Unit | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| Botswana | BWP bil | 121 | 118 | 127 | 129 | 235 | ||||||||||||||||
| Kenya | KES bil | 6,694 | 7,193 | 7,391 | 7,683 | 8,059 | ... | |||||||||||||||
| Lesotho | LSL bil | 21.0 | 20.1 | 23.6 | 24.1 | 26.2 | ||||||||||||||||
| Madagascar | MGA bil | 17,594 | 19,011 | 18,714 | 18,836 | 19,462 | ||||||||||||||||
| Malawi | MWK bil | 3,945 | 4,344 | 4,660 | 4,887 | 4,928 | ... | |||||||||||||||
| Mozambique | MZN bil | 824 | 856 | 876 | 887 | 899 | ... | ... | ||||||||||||||
| Namibia | NAD bil | 163 | 166 | 175 | 176 | 176 | ... | |||||||||||||||
| South Africa | ZAR bil | 7,036 | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Swaziland | SZL bil | 27.8 | 28.2 | 26.9 | 26.8 | 28.3 | ||||||||||||||||
| Tanzania | TNS bil | 43,687 | 46,285 | 48,079 | 50,577 | ... | ... | ... | ||||||||||||||
| Uganda | UGX bil | 45,737 | 46,912 | 47,247 | 49,705 | 49,792 | ... | |||||||||||||||
| Zambia | ZMW bil | 170 | 197 | 213 | 200 | 213 | ... | ... |
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