Lending interest rate in Madagascar

Madagascar: Lending interest rate was 60.0% in 2025. ▲ Rising

Latest (2025)
60.0%
Change on year
unchanged
World rank
1st
of 148 countries
All-time high
60.0%
in 2014
All-time low
22.2%
in 1989
Years of data
37
1989–2025

Lending interest rate in Madagascar, 1989–2025

02040601989200720251989: 22.2 %1990: 25.8 %1991: 25.5 %1992: 25 %1993: 25.6 %1994: 28.3 %1995: 34.8 %1996: 35.5 %1997: 30.3 %1998: 27 %1999: 27.2 %2000: 26.9 %2001: 25.5 %2002: 25.2 %2003: 24.2 %2004: 24.6 %2005: 25.9 %2006: 28.1 %2007: 40.3 %2008: 44 %2009: 44.6 %2010: 46 %2011: 52.5 %2012: 56.1 %2013: 59 %2014: 60 %2015: 56.7 %2016: 60 %2017: 60 %2018: 55.4 %2019: 49 %2020: 48.9 %2021: 48.3 %2022: 48.8 %2023: 53.6 %2024: 60 %2025: 60 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for lending interest rate in Madagascar is 60.0%, measured in 2025. That is the highest value across all 37 years on record.

The figure is up 5.8% over ten years.

Over the whole period, lending interest rate in Madagascar peaked at 60.0% in 2014 and was at its lowest, 22.2%, in 1989.

Madagascar ranks 1st of 148 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 37 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 22.2% 22.2% 22.2% 1
1990s 28.5% 25.0% 35.5% 10
2000s 30.9% 24.2% 44.6% 10
2010s 55.5% 46.0% 60.0% 10
2020s 53.3% 48.3% 60.0% 6

Countries ranked near Madagascar

  1. 2 Zimbabwe 46.4% compare
  2. 3 Argentina 46.0% compare
  3. 4 Brazil 45.3% compare

See the full ranking of 148 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is lending interest rate in Madagascar?
Lending interest rate in Madagascar was 60.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Madagascar?
The highest recorded value was 60.0% in 2014.
What is the lowest lending interest rate recorded in Madagascar?
The lowest recorded value was 22.2% in 1989.
How does Madagascar rank for lending interest rate?
Madagascar ranks 1st out of 148 countries with data for 2025.
Is lending interest rate rising or falling in Madagascar?
Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.