Lending interest rate — all countries

Lending interest rate — Madagascar

Lending interest rate in Madagascar in 2025 — 60%. Ranked 69 in the world out of 69. Since 1989, the indicator has risen by 37.75 pp.

2025 60% +0 pp vs 2024
World rank 69of 69
Period maximum 60%2014
Period minimum 22.25%1989

Trend over time

1989–2025 · % per annum

Lending interest rate — Madagascar, 1989–2025203040506019891993199720012005200920132017202120251989: 22.25%1990: 25.8%1991: 25.48%1992: 25%1993: 25.65%1994: 28.28%1995: 34.75%1996: 35.5%1997: 30.33%1998: 27%1999: 27.25%2000: 26.88%2001: 25.5%2002: 25.25%2003: 24.25%2004: 24.56%2005: 25.88%2006: 28.15%2007: 40.28%2008: 44%2009: 44.62%2010: 46%2011: 52.5%2012: 56.13%2013: 58.98%2014: 60%2015: 56.72%2016: 60%2017: 60%2018: 55.39%2019: 49%2020: 48.87%2021: 48.28%2022: 48.83%2023: 53.58%2024: 60%2025: 60%
Change over the period: +37.75 pp Annual average: 1.05 pp
Lending interest rate — Madagascar, by year Madagascar All countries CSV XLSX
Year % Change, pp
2025 60 +0 pp
2024 60 +6.42 pp
2023 53.58 +4.75 pp
2022 48.83 +0.55 pp
2021 48.28 −0.58 pp
2020 48.87 −0.13 pp
2019 49 −6.39 pp
2018 55.39 −4.61 pp
2017 60 +0 pp
2016 60 +3.28 pp
2015 56.72 −3.28 pp
2014 60 +1.02 pp
2013 58.98 +2.86 pp
2012 56.13 +3.63 pp
2011 52.5 +6.5 pp
2010 46 +1.38 pp
2009 44.62 +0.62 pp
2008 44 +3.73 pp
2007 40.28 +12.13 pp
2006 28.15 +2.28 pp
2005 25.88 +1.31 pp
2004 24.56 +0.31 pp
2003 24.25 −1 pp
2002 25.25 −0.25 pp
2001 25.5 −1.38 pp
2000 26.88 −0.38 pp
1999 27.25 +0.25 pp
1998 27 −3.33 pp
1997 30.33 −5.17 pp
1996 35.5 +0.75 pp
1995 34.75 +6.48 pp
1994 28.28 +2.63 pp
1993 25.65 +0.65 pp
1992 25 −0.48 pp
1991 25.48 −0.32 pp
1990 25.8 +3.55 pp
1989 22.25

Eastern Africa, 2025

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

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

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