Madagascar vs Nigeria: Deposit interest rate (%)
Madagascar
12.1%
in 2025
Nigeria
11.3%
in 2025
Madagascar rank
11th
Nigeria rank
13th
Deposit interest rate (%) over time
- Madagascar
- Nigeria
How they compare
Madagascar currently reports 12.1% against 11.3% in Nigeria, a difference of 0.8%.
That makes Madagascar's figure about 1.1 times Nigeria's.
The two have swapped places 8 times across 37 shared years of data; in 1989 it was Madagascar ahead.
Madagascar ranks 11th and Nigeria ranks 13th of 153 countries.
Madagascar has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Madagascar | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 17.8% | 14.7% | 3.1% | Madagascar |
| 1990s | 17.2% | 14.6% | 2.6% | Madagascar |
| 2000s | 14.2% | 12.7% | 1.5% | Madagascar |
| 2010s | 12.3% | 8.3% | 4.0% | Madagascar |
| 2020s | 13.0% | 7.6% | 5.4% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Madagascar or Nigeria?
- Madagascar, at 12.1% against 11.3% in Nigeria as of 2025.
- What is the difference in deposit interest rate between Madagascar and Nigeria?
- 0.8%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Nigeria?
- 37 years are reported by both, from 1989 to 2025.
- How do Madagascar and Nigeria rank globally for deposit interest rate?
- Madagascar ranks 11th and Nigeria ranks 13th of 153 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 (a÷b)*100.