Kenya vs Madagascar: Deposit interest rate
Kenya
12.0%
in 2024
Madagascar
12.1%
in 2025
Kenya rank
12th
Madagascar rank
11th
Deposit interest rate over time
- Kenya
- Madagascar
How they compare
Madagascar currently reports 12.1% against 12.0% in Kenya, a difference of 0.1%.
The two have swapped places 4 times across 34 shared years of data; in 1989 it was Madagascar ahead.
Kenya ranks 12th and Madagascar ranks 11th of 152 countries.
Madagascar has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Kenya | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12.0% | 17.8% | 5.8% | Madagascar |
| 1990s | 15.0% | 16.4% | 1.4% | Madagascar |
| 2000s | 5.3% | 14.2% | 8.9% | Madagascar |
| 2010s | 8.0% | 12.3% | 4.3% | Madagascar |
| 2020s | 8.4% | 13.2% | 4.8% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Kenya or Madagascar?
- Madagascar, at 12.1% against 12.0% in Kenya as of 2025.
- What is the difference in deposit interest rate between Kenya and Madagascar?
- 0.1%, with Madagascar ahead.
- How many years of comparable data are there for Kenya and Madagascar?
- 34 years are reported by both, from 1989 to 2024.
- How do Kenya and Madagascar rank globally for deposit interest rate?
- Kenya ranks 12th and Madagascar ranks 11th of 152 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 (aΓ·b)*100.