The benchmark interest rate in Madagascar was last recorded at 12 percent. This dataset provides - Madagascar Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Madagascar: Interest rates on bank credit to the private sector: The latest value from 2023 is 53.58 percent, an increase from 48.83 percent in 2022. In comparison, the world average is 14.12 percent, based on data from 88 countries. Historically, the average for Madagascar from 1989 to 2023 is 39.17 percent. The minimum value, 22.25 percent, was reached in 1989 while the maximum of 60 percent was recorded in 2014.

Deposit Interest Rate in Madagascar remained unchanged at 12 percent in December. This dataset includes a chart with historical data for Deposit Interest Rate in Madagascar.

Madagascar MG: Real Interest Rate data was reported at 47.764 % pa in 2017. This records a decrease from the previous number of 49.980 % pa for 2016. Madagascar MG: Real Interest Rate data is updated yearly, averaging 48.990 % pa from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 51.286 % pa in 2013 and a record low of 45.713 % pa in 2015. Madagascar MG: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Madagascar: Real interest rate: Bank lending rate minus inflation: The latest value from 2023 is 41.3 percent, an increase from 39.18 percent in 2022. In comparison, the world average is 4.42 percent, based on data from 87 countries. Historically, the average for Madagascar from 1989 to 2023 is 26.44 percent. The minimum value, -9.58 percent, was reached in 1995 while the maximum of 52.44 percent was recorded in 2017.

Lending interest rate (%) in Madagascar was reported at 53.58 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Madagascar - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Madagascar MG: Deposit Interest Rate data was reported at 15.000 % pa in 2017. This stayed constant from the previous number of 15.000 % pa for 2016. Madagascar MG: Deposit Interest Rate data is updated yearly, averaging 12.810 % pa from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 15.000 % pa in 2017 and a record low of 10.146 % pa in 2013. Madagascar MG: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Madagascar MG: Interest Rate Spread data was reported at 45.000 % pa in 2017. This stayed constant from the previous number of 45.000 % pa for 2016. Madagascar MG: Interest Rate Spread data is updated yearly, averaging 45.362 % pa from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 49.046 % pa in 2014 and a record low of 42.050 % pa in 2015. Madagascar MG: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

Madagascar MG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 51.255 % pa in 2017. This records a decrease from the previous number of 51.617 % pa for 2016. Madagascar MG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 51.411 % pa from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 52.310 % pa in 2013 and a record low of 47.757 % pa in 2015. Madagascar MG: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics database.; ;

Interest rate spread (lending rate minus deposit rate, %) in Madagascar was reported at 40.58 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Madagascar - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Madagascar: Bank lending-deposit interest rate spread : The latest value from 2020 is 35.68 interest rate points, a decline from 36 interest rate points in 2019. In comparison, the world average is 6.59 interest rate points, based on data from 93 countries. Historically, the average for Madagascar from 1989 to 2020 is 23.52 interest rate points. The minimum value, 4.5 interest rate points, was reached in 1989 while the maximum of 49.05 interest rate points was recorded in 2014.

Deposit interest rate of Madagascar fell by 2.80% from 13.38 % in 2022 to 13.00 % in 2023. Since the 4.27% upward trend in 2021, deposit interest rate slumped by 5.45% in 2023. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.

Madagascar MG: External Debt: Average Interest on New External Debt Commitments: Official data was reported at 0.872 % in 2016. This records an increase from the previous number of 0.493 % for 2015. Madagascar MG: External Debt: Average Interest on New External Debt Commitments: Official data is updated yearly, averaging 1.165 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 6.012 % in 1983 and a record low of 0.000 % in 2010. Madagascar MG: External Debt: Average Interest on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

Real interest rate (%) in Madagascar was reported at 42.91 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Madagascar - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Deposit interest rate (%) in Madagascar was reported at 13 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Madagascar - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

The average for 2020 based on 93 countries was 6.59 interest rate points. The highest value was in Madagascar: 35.68 interest rate points and the lowest value was in Argentina: 0.07 interest rate points. The indicator is available from 1980 to 2020. Below is a chart for all countries where data are available.

Risk premium on lending of Madagascar grew by 2.32% from 42.87 % in 2022 to 43.86 % in 2023. Since the 0.97% dip in 2020, risk premium on lending climb by 4.54% in 2023. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

13.75 (%) in 2021. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.

The average for 2020 based on 21 countries was 10.11 interest rate points. The highest value was in Madagascar: 35.68 interest rate points and the lowest value was in Zambia: 0.76 interest rate points. The indicator is available from 1980 to 2020. Below is a chart for all countries where data are available.

Bank deposit interest rate, percent in Madagascar, juin, 2024 Pour cet indicateur, Central Bank of Madagascar fournit des données pour la Madagascar de janvier 2018 à juin 2024. La valeur moyenne pour Madagascar pendant cette période était de 6.56 pour cent avec un minimum de 4.87 pour cent en avril 2024 et un maximum de 8.54 pour cent en mai 2021. | TheGlobalEconomy.com