Madagascar vs Nigeria: Deposit Rate, Percent per annum

Madagascar
12.08
in 2025
Nigeria
11.27
in 2025
Madagascar rank
8th
Nigeria rank
10th

Deposit Rate, Percent per annum over time

  • Madagascar
  • Nigeria
510152025197019972025

How they compare

Madagascar currently reports 12.08 against 11.27 in Nigeria, a difference of 0.81.

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 8th and Nigeria ranks 10th of 143 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 17.75 14.68 3.07 Madagascar
1990s 17.18 14.58 2.61 Madagascar
2000s 14.2 12.69 1.51 Madagascar
2010s 12.29 8.27 4.02 Madagascar
2020s 13 7.59 5.4 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deposit rate, percent per annum, Madagascar or Nigeria?
Madagascar, at 12.08 against 11.27 in Nigeria as of 2025.
What is the difference in deposit rate, percent per annum between Madagascar and Nigeria?
0.81, 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 rate, percent per annum?
Madagascar ranks 8th and Nigeria ranks 10th of 143 countries.
Where does this data come from?
International Monetary Fund, published as Deposit Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Nigeria: Deposit Rate, Percent per annum. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://financial-sector.statizoid.com/compare/deposit-rate-percent-per-annum/madagascar/nigeria/

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About this data

Indicator
Deposit Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
145 places, 4,770 data points, 1953–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.