Deposit interest rate — all countries

Deposit interest rate — Madagascar

Deposit interest rate in Madagascar in 2025 — 12.08%. Ranked 4 in the world out of 70. Since 1989, the indicator has fallen by 5.67 pp.

2025 12.08% −0.51 pp vs 2024
World rank 4of 70
Period maximum 20.5%1990
Period minimum 8.25%1998

Trend over time

1989–2025 · % per annum

Deposit interest rate — Madagascar, 1989–202551015202519891993199720012005200920132017202120251989: 17.75%1990: 20.5%1991: 20.5%1992: 20.5%1993: 20%1994: 19.5%1995: 17.63%1996: 19.44%1997: 14.41%1998: 8.25%1999: 11.08%2000: 15.08%2001: 13.28%2002: 12%2003: 11.77%2004: 12.6%2005: 16.38%2006: 19.8%2007: 16.5%2008: 13.25%2009: 11.39%2010: 10.29%2011: 10.65%2012: 10.4%2013: 10.15%2014: 10.95%2015: 14.67%2016: 15%2017: 15%2018: 12.75%2019: 13%2020: 13.19%2021: 13.75%2022: 13.38%2023: 13%2024: 12.58%2025: 12.08%
Change over the period: −5.67 pp Annual average: -0.16 pp
Deposit interest rate — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2025 12.08 −0.51 pp
2024 12.58 −0.42 pp
2023 13 −0.38 pp
2022 13.38 −0.38 pp
2021 13.75 +0.56 pp
2020 13.19 +0.19 pp
2019 13 +0.25 pp
2018 12.75 −2.25 pp
2017 15 +0 pp
2016 15 +0.33 pp
2015 14.67 +3.71 pp
2014 10.95 +0.81 pp
2013 10.15 −0.25 pp
2012 10.4 −0.25 pp
2011 10.65 +0.36 pp
2010 10.29 −1.1 pp
2009 11.39 −1.86 pp
2008 13.25 −3.25 pp
2007 16.5 −3.3 pp
2006 19.8 +3.43 pp
2005 16.38 +3.78 pp
2004 12.6 +0.83 pp
2003 11.77 −0.23 pp
2002 12 −1.28 pp
2001 13.28 −1.81 pp
2000 15.08 +4 pp
1999 11.08 +2.83 pp
1998 8.25 −6.16 pp
1997 14.41 −5.03 pp
1996 19.44 +1.81 pp
1995 17.63 −1.88 pp
1994 19.5 −0.5 pp
1993 20 −0.5 pp
1992 20.5 +0 pp
1991 20.5 +0 pp
1990 20.5 +2.75 pp
1989 17.75

Eastern Africa, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.