Bank Staff Expenses (As % of Total Costs) in Madagascar

Bank staff expenses as a share of total costs reached 30.6% in third quarter of 2021 in Madagascar, according to the National Central Bank. This is 1.34% less than in the previous quarter.

Historically, bank staff expenses as a share of total costs in Madagascar reached an all time high of 35.9% in 1Q2014 and an all time low of 25.9% in 4Q2011.

Madagascar has been ranked 48th within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.