Lending Rate, Percent per annum in Madagascar

Madagascar: Lending Rate, Percent per annum was 60 in 2025. ▲ Rising

Latest (2025)
60
Change on year
unchanged
World rank
1st
of 144 countries
All-time high
60
in 2014
All-time low
22.25
in 1989
Years of data
37
1989–2025

Lending Rate, Percent per annum in Madagascar, 1989–2025

02040601989200720251989: 22.21990: 25.81991: 25.51992: 251993: 25.61994: 28.31995: 34.81996: 35.51997: 30.31998: 271999: 27.22000: 26.92001: 25.52002: 25.22003: 24.22004: 24.62005: 25.92006: 28.12007: 40.32008: 442009: 44.62010: 462011: 52.52012: 56.12013: 592014: 602015: 56.72016: 602017: 602018: 55.42019: 492020: 48.92021: 48.32022: 48.82023: 53.62024: 602025: 60

Source: International Monetary Fund.

Analysis

In 2025, lending rate, percent per annum in Madagascar stood at 60. That is the highest value across all 37 years on record.

The figure is up 5.8% over ten years.

Over the whole period, lending rate, percent per annum in Madagascar peaked at 60 in 2014 and was at its lowest, 22.25, in 1989.

Madagascar ranks 1st of 144 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 37 years of available data.

Lending Rate, Percent per annum in Madagascar, year by year

Annual values for Lending Rate, Percent per annum in Madagascar, 1989 to 2025.
Year Value Change
1989 22.25 —
1990 25.8 +16.0%
1991 25.48 -1.3%
1992 25 -1.9%
1993 25.65 +2.6%
1994 28.28 +10.2%
1995 34.75 +22.9%
1996 35.5 +2.1%
1997 30.33 -14.6%
1998 27 -11.0%
1999 27.25 +0.9%
2000 26.88 -1.4%
2001 25.5 -5.1%
2002 25.25 -1.0%
2003 24.25 -4.0%
2004 24.56 +1.3%
2005 25.88 +5.3%
2006 28.15 +8.8%
2007 40.27 +43.1%
2008 44 +9.2%
2009 44.62 +1.4%
2010 46 +3.1%
2011 52.5 +14.1%
2012 56.12 +6.9%
2013 58.98 +5.1%
2014 60 +1.7%
2015 56.72 -5.5%
2016 60 +5.8%
2017 60 +0.0%
2018 55.39 -7.7%
2019 49 -11.5%
2020 48.87 -0.3%
2021 48.28 -1.2%
2022 48.83 +1.1%
2023 53.58 +9.7%
2024 60 +12.0%
2025 60 +0.0%

Madagascar compared with similar countries

  • Madagascar's 60 is above the median for low income countries, which is 15, 4.0× the median. (19 countries reporting)
  • Madagascar's 60 is above the median for Sub-Saharan Africa, which is 14.29, 4.2× the median. (43 countries reporting)

Biggest year-on-year movements

Years where Lending Rate, Percent per annum in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2007 +43.1% 28.15 40.27

Averages by decade

DecadeAverage LowestHighest Years
1980s 22.25 22.25 22.25 1
1990s 28.5 25 35.5 10
2000s 30.94 24.25 44.62 10
2010s 55.47 46 60 10
2020s 53.26 48.28 60 6

Countries ranked near Madagascar

  1. 2 Zimbabwe 46.36 compare
  2. 3 Argentina 46.02 compare
  3. 4 Brazil 45.33 compare

See the full ranking of 146 places →

More financial sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is lending rate, percent per annum in Madagascar?
Lending rate, percent per annum in Madagascar was 60 in 2025, according to International Monetary Fund.
What is the highest lending rate, percent per annum recorded in Madagascar?
The highest recorded value was 60 in 2014.
What is the lowest lending rate, percent per annum recorded in Madagascar?
The lowest recorded value was 22.25 in 1989.
How does Madagascar rank for lending rate, percent per annum?
Madagascar ranks 1st out of 144 countries with data for 2025.
Is lending rate, percent per annum rising or falling in Madagascar?
Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Lending Rate, Percent per annum in Madagascar. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://financial-sector.statizoid.com/stat/lending-rate-percent-per-annum/madagascar/

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About this data

Indicator
Lending Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
146 places, 4,725 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.