Money market Rate, Percent per annum in Madagascar
Madagascar: Money market Rate, Percent per annum was 9.09 in 2017. ▼ Falling
Money market Rate, Percent per annum in Madagascar, 1990–2017
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Madagascar is 9.09, measured in 2017.
Compared with earlier readings it is up 6.8% on the previous year and down 25.3% over ten years.
Over the whole period, money market rate, percent per annum in Madagascar peaked at 24.55 in 1995 and was at its lowest, 8.52, in 2016.
Madagascar ranks 15th of 94 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Money market Rate, Percent per annum in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 14.7 | — |
| 1991 | 14.34 | -2.5% |
| 1992 | 14.18 | -1.1% |
| 1993 | 14.17 | -0.1% |
| 1994 | 15.28 | +7.9% |
| 1995 | 24.55 | +60.6% |
| 1996 | 23.75 | -3.3% |
| 1997 | 11.5 | -51.6% |
| 1998 | 10.14 | -11.8% |
| 1999 | 15.31 | +51.0% |
| 2000 | 17.26 | +12.8% |
| 2001 | 11.17 | -35.3% |
| 2002 | 9.04 | -19.0% |
| 2003 | 10.52 | +16.3% |
| 2004 | 12.33 | +17.2% |
| 2005 | 16.12 | +30.8% |
| 2006 | 16.25 | +0.8% |
| 2007 | 12.17 | -25.1% |
| 2008 | 11.25 | -7.6% |
| 2009 | 11.04 | -1.9% |
| 2010 | 9.56 | -13.4% |
| 2011 | 9.5 | -0.7% |
| 2012 | 9.5 | +0.0% |
| 2013 | 9.46 | -0.4% |
| 2014 | 9.44 | -0.2% |
| 2015 | 9.23 | -2.2% |
| 2016 | 8.52 | -7.8% |
| 2017 | 9.09 | +6.8% |
Madagascar compared with similar countries
- Madagascar's 9.09 is above the median for low income countries, which is 5.09, 1.8× the median. (9 countries reporting)
- Madagascar's 9.09 is above the median for Sub-Saharan Africa, which is 5.09, 1.8× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.79 | 10.14 | 24.55 | 10 |
| 2000s | 12.72 | 9.04 | 17.26 | 10 |
| 2010s | 9.29 | 8.52 | 9.56 | 8 |
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 money market rate, percent per annum in Madagascar?
- Money market rate, percent per annum in Madagascar was 9.09 in 2017, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Madagascar?
- The highest recorded value was 24.55 in 1995.
- What is the lowest money market rate, percent per annum recorded in Madagascar?
- The lowest recorded value was 8.52 in 2016.
- How does Madagascar rank for money market rate, percent per annum?
- Madagascar ranks 15th out of 94 countries with data for 2017.
- Is money market rate, percent per annum rising or falling in Madagascar?
- Over the last ten years it is down 25.3%. 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 Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.