Ghana vs Madagascar: Deposit interest rate

Ghana
11.4%
in 2023
Madagascar
12.1%
in 2025
Ghana rank
13th
Madagascar rank
11th

Deposit interest rate over time

  • Ghana
  • Madagascar
10203040197820012025

How they compare

Madagascar currently reports 12.1% against 11.4% in Ghana, a difference of 0.7%.

That makes Madagascar's figure about 1.1 times Ghana's.

The two have swapped places 8 times across 34 shared years of data; in 1989 it was Madagascar ahead.

Globally, Ghana ranks 13th and Madagascar ranks 11th of 152 countries.

Individual pages

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

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. This indicator is expressed as a percentage (a÷b)*100.