Bank net interest margin (%) in Madagascar

Madagascar: Bank net interest margin (%) was 6.7% in 2020. ▼ Falling

Latest (2020)
6.7%
Change on year
down 16.7%
World rank
19th
of 166 countries
All-time high
10.1%
in 2006
All-time low
4.6%
in 2010
Years of data
21
2000–2020

Bank net interest margin in Madagascar, 2000–2020

02.557.5102000201020202000: 7.3 %2001: 8 %2002: 7.3 %2003: 9.2 %2004: 6.7 %2005: 8.4 %2006: 10.1 %2007: 9.5 %2008: 6.7 %2009: 5.6 %2010: 4.6 %2011: 6.7 %2012: 6.1 %2013: 6.4 %2014: 6.6 %2015: 7.4 %2016: 8 %2017: 8.2 %2018: 8.5 %2019: 8 %2020: 6.7 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

Madagascar recorded 6.7% for bank net interest margin in 2020.

The figure is down 16.7% on the previous year and up 45.5% over ten years.

Over the whole period, bank net interest margin in Madagascar peaked at 10.1% in 2006 and was at its lowest, 4.6%, in 2010.

That places Madagascar 19th out of 166 countries with data for 2020, putting it in the top quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Bank net interest margin (%) in Madagascar, year by year

Annual values for Bank net interest margin (%) in Madagascar, 2000 to 2020.
Year % Change
2000 7.3% —
2001 8.0% +10.1%
2002 7.3% -9.5%
2003 9.2% +26.5%
2004 6.7% -27.3%
2005 8.4% +25.9%
2006 10.1% +19.6%
2007 9.5% -5.7%
2008 6.7% -29.0%
2009 5.6% -17.2%
2010 4.6% -17.5%
2011 6.7% +46.7%
2012 6.1% -9.3%
2013 6.4% +4.2%
2014 6.6% +3.4%
2015 7.4% +11.9%
2016 8.0% +8.2%
2017 8.2% +2.9%
2018 8.5% +3.7%
2019 8.0% -5.6%
2020 6.7% -16.7%

Madagascar compared with similar countries

  • Madagascar's 6.7% is above the median for low income countries, which is 5.4%, 1.2× the median. (18 countries reporting)
  • Madagascar's 6.7% is above the median for Sub-Saharan Africa, which is 4.4%, 1.5× the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.9% 5.6% 10.1% 10
2010s 7.0% 4.6% 8.5% 10
2020s 6.7% 6.7% 6.7% 1

Countries ranked near Madagascar

  1. 16 Malawi 7.3% compare
  2. 17 Burundi 7.2% compare
  3. 18 Dominican Republic 7.1% compare
  4. 20 Nicaragua 6.6% compare
  5. 21 Kyrgyzstan 6.5% compare
  6. 22 Honduras 6.2% compare

See the full ranking of 166 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is bank net interest margin in Madagascar?
Bank net interest margin in Madagascar was 6.7% in 2020, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank net interest margin recorded in Madagascar?
The highest recorded value was 10.1% in 2006.
What is the lowest bank net interest margin recorded in Madagascar?
The lowest recorded value was 4.6% in 2010.
How does Madagascar rank for bank net interest margin?
Madagascar ranks 19th out of 166 countries with data for 2020.
Is bank net interest margin rising or falling in Madagascar?
Over the last ten years it is up 45.5%. The long-run trend across the full record is falling.
Where does this Madagascar data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.

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Bank net interest margin in Madagascar. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/bank-net-interest-margin-percent/madagascar/

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About this data

Indicator
Bank net interest margin (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
166 places, 3,163 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.