Deposit interest rate in Madagascar
Madagascar: Deposit interest rate was 12.1% in 2025. ▼ Falling
Deposit interest rate in Madagascar, 1989–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Madagascar recorded 12.1% for deposit interest rate in 2025.
That represents a change of down 4.0% on the previous year and down 17.7% over ten years.
Over the whole period, deposit interest rate in Madagascar peaked at 20.5% in 1990 and was at its lowest, 8.2%, in 1998.
That places Madagascar 11th out of 152 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 37 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.8% | 17.8% | 17.8% | 1 |
| 1990s | 17.2% | 8.2% | 20.5% | 10 |
| 2000s | 14.2% | 11.4% | 19.8% | 10 |
| 2010s | 12.3% | 10.1% | 15.0% | 10 |
| 2020s | 13.0% | 12.1% | 13.8% | 6 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Domestic credit to private sector 16.5% (2024)
- Net domestic credit 17.77 trillion current LCU (2024)
- Total reserves in months of imports 5.5 (2024)
- Net foreign assets 10.30 trillion current LCU (2024)
- Domestic credit to private sector by banks 16.3% (2024)
- Monetary Sector credit to private sector 16.5% (2024)
- Claims on central government, etc. 5.7% (2024)
- Broad money 27.3% (2024)
- Official exchange rate 4,530 LCU per US$, period average (2025)
- Net migration -2,227 (2025)
Frequently asked questions
- What is deposit interest rate in Madagascar?
- Deposit interest rate in Madagascar was 12.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Madagascar?
- The highest recorded value was 20.5% in 1990.
- What is the lowest deposit interest rate recorded in Madagascar?
- The lowest recorded value was 8.2% in 1998.
- How does Madagascar rank for deposit interest rate?
- Madagascar ranks 11th out of 152 countries with data for 2025.
- Is deposit interest rate rising or falling in Madagascar?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.