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
Government securities: Treasury bills yields, Rate, Percent per annum in Madagascar, 2000–2025
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
| 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% |
Madagascar compared with similar countries
- Madagascar's 11.35 is above the median for low income countries, which is 11.35, 1.0× the median. (9 countries reporting)
- Madagascar's 11.35 is above the median for Sub-Saharan Africa, which is 9.2, 1.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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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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.