Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar

Madagascar: Government securities: Treasury bills yields, Rate, Percent per annum was 11.35 in 2025. ▼ Falling

Latest (2025)
11.35
Change on year
up 8.1%
World rank
16th
of 89 countries
All-time high
21.16
in 2006
All-time low
5.69
in 2021
Years of data
26
2000–2025

Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar, 2000–2025

51015202000201220252000: 14.42001: 10.32002: 10.12003: 11.92004: 12.92005: 18.82006: 21.22007: 11.82008: 8.82009: 7.62010: 9.32011: 9.62012: 6.92013: 6.72014: 8.42015: 92016: 8.42017: 8.72018: 7.62019: 6.62020: 6.92021: 5.72022: 62023: 9.72024: 10.52025: 11.3

Source: International Monetary Fund.

Analysis

Madagascar recorded 11.35 for government securities: treasury bills yields, rate, percent per annum in 2025.

Compared with earlier readings it is up 8.1% on the previous year and up 26.6% over ten years.

Over the whole period, government securities: treasury bills yields, rate, percent per annum in Madagascar peaked at 21.16 in 2006 and was at its lowest, 5.69, in 2021.

Madagascar ranks 16th of 89 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar, year by year

Annual values for Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar, 2000 to 2025.
Year Value Change
2000 14.45
2001 10.28 -28.8%
2002 10.14 -1.3%
2003 11.94 +17.6%
2004 12.95 +8.5%
2005 18.84 +45.5%
2006 21.16 +12.3%
2007 11.84 -44.1%
2008 8.81 -25.6%
2009 7.62 -13.6%
2010 9.33 +22.4%
2011 9.58 +2.7%
2012 6.92 -27.7%
2013 6.67 -3.6%
2014 8.43 +26.4%
2015 8.96 +6.3%
2016 8.38 -6.4%
2017 8.74 +4.3%
2018 7.63 -12.8%
2019 6.63 -13.1%
2020 6.91 +4.2%
2021 5.69 -17.6%
2022 5.97 +4.8%
2023 9.72 +62.9%
2024 10.5 +8.0%
2025 11.35 +8.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.8 7.62 21.16 10
2010s 8.13 6.63 9.58 10
2020s 8.35 5.69 11.35 6

Countries ranked near Madagascar

  1. 13 Gambia 13.66 compare
  2. 14 Mozambique 12.52 compare
  3. 15 Ghana 11.96 compare
  4. 17 Bangladesh 10.75 compare
  5. 18 Uganda 9.81 compare
  6. 19 Eswatini 9.2 compare

See the full ranking of 90 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is government securities: treasury bills yields, rate, percent per annum in Madagascar?
Government securities: treasury bills yields, rate, percent per annum in Madagascar was 11.35 in 2025, according to International Monetary Fund.
What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Madagascar?
The highest recorded value was 21.16 in 2006.
What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Madagascar?
The lowest recorded value was 5.69 in 2021.
How does Madagascar rank for government securities: treasury bills yields, rate, percent per annum?
Madagascar ranks 16th out of 89 countries with data for 2025.
Is government securities: treasury bills yields, rate, percent per annum rising or falling in Madagascar?
Over the last ten years it is up 26.6%. 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 Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://financial-sector.statizoid.com/stat/government-securities-treasury-bills-yields-rate-percent-per-annum/madagascar/

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About this data

Indicator
Government securities: Treasury bills yields, Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 2,932 data points, 1950–2025
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.