Deposit Rate, Percent per annum in Madagascar
Madagascar: Deposit Rate, Percent per annum was 12.08 in 2025. ▼ Falling
Deposit Rate, Percent per annum in Madagascar, 1989–2025
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, percent per annum in Madagascar is 12.08, measured in 2025.
That represents a change of down 4.0% on the previous year and down 17.7% over ten years.
Over the whole period, deposit rate, percent per annum in Madagascar peaked at 20.5 in 1990 and was at its lowest, 8.25, in 1998.
Madagascar ranks 8th of 143 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 37 years of available data.
Deposit Rate, Percent per annum in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 17.75 | — |
| 1990 | 20.5 | +15.5% |
| 1991 | 20.5 | +0.0% |
| 1992 | 20.5 | +0.0% |
| 1993 | 20 | -2.4% |
| 1994 | 19.5 | -2.5% |
| 1995 | 17.62 | -9.6% |
| 1996 | 19.44 | +10.3% |
| 1997 | 14.41 | -25.9% |
| 1998 | 8.25 | -42.7% |
| 1999 | 11.08 | +34.3% |
| 2000 | 15.08 | +36.1% |
| 2001 | 13.28 | -12.0% |
| 2002 | 12 | -9.6% |
| 2003 | 11.77 | -2.0% |
| 2004 | 12.6 | +7.1% |
| 2005 | 16.38 | +30.0% |
| 2006 | 19.8 | +20.9% |
| 2007 | 16.5 | -16.7% |
| 2008 | 13.25 | -19.7% |
| 2009 | 11.39 | -14.1% |
| 2010 | 10.29 | -9.6% |
| 2011 | 10.65 | +3.5% |
| 2012 | 10.4 | -2.3% |
| 2013 | 10.15 | -2.4% |
| 2014 | 10.95 | +8.0% |
| 2015 | 14.67 | +33.9% |
| 2016 | 15 | +2.3% |
| 2017 | 15 | +0.0% |
| 2018 | 12.75 | -15.0% |
| 2019 | 13 | +2.0% |
| 2020 | 13.19 | +1.4% |
| 2021 | 13.75 | +4.3% |
| 2022 | 13.38 | -2.7% |
| 2023 | 13 | -2.8% |
| 2024 | 12.58 | -3.2% |
| 2025 | 12.08 | -4.0% |
Madagascar compared with similar countries
- Madagascar's 12.08 is above the median for low income countries, which is 6.5, 1.9× the median. (17 countries reporting)
- Madagascar's 12.08 is above the median for Sub-Saharan Africa, which is 5.67, 2.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.75 | 17.75 | 17.75 | 1 |
| 1990s | 17.18 | 8.25 | 20.5 | 10 |
| 2000s | 14.2 | 11.39 | 19.8 | 10 |
| 2010s | 12.29 | 10.15 | 15 | 10 |
| 2020s | 13 | 12.08 | 13.75 | 6 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.28 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9354 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.28 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Madagascar?
- Deposit rate, percent per annum in Madagascar was 12.08 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Madagascar?
- The highest recorded value was 20.5 in 1990.
- What is the lowest deposit rate, percent per annum recorded in Madagascar?
- The lowest recorded value was 8.25 in 1998.
- How does Madagascar rank for deposit rate, percent per annum?
- Madagascar ranks 8th out of 143 countries with data for 2025.
- Is deposit rate, percent per annum rising or falling in Madagascar?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- Where does this Madagascar data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.