Risk premium on lending in Madagascar
Madagascar: Risk premium on lending was 48.7% in 2025. ▲ Rising
Risk premium on lending in Madagascar, 2000–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
Madagascar recorded 48.7% for risk premium on lending in 2025.
That represents a change of down 1.7% on the previous year and up 1.9% over ten years.
Over the whole period, risk premium on lending in Madagascar peaked at 52.3% in 2013 and was at its lowest, 7.0%, in 2006.
That places Madagascar 1st out of 86 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Risk premium on lending in Madagascar, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 2000 | 12.4% | — |
| 2001 | 15.2% | +22.4% |
| 2002 | 15.1% | -0.7% |
| 2003 | 12.3% | -18.5% |
| 2004 | 11.6% | -5.7% |
| 2005 | 7.0% | -39.4% |
| 2006 | 7.0% | -0.6% |
| 2007 | 28.4% | +306.9% |
| 2008 | 35.2% | +23.7% |
| 2009 | 37.0% | +5.2% |
| 2010 | 36.7% | -0.9% |
| 2011 | 42.9% | +17.0% |
| 2012 | 49.2% | +14.6% |
| 2013 | 52.3% | +6.3% |
| 2014 | 51.6% | -1.4% |
| 2015 | 47.8% | -7.4% |
| 2016 | 51.6% | +8.1% |
| 2017 | 51.3% | -0.7% |
| 2018 | 47.8% | -6.8% |
| 2019 | 42.4% | -11.3% |
| 2020 | 42.0% | -1.0% |
| 2021 | 42.6% | +1.5% |
| 2022 | 42.9% | +0.7% |
| 2023 | 43.9% | +2.3% |
| 2024 | 49.5% | +12.9% |
| 2025 | 48.7% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.1% | 7.0% | 37.0% | 10 |
| 2010s | 47.3% | 36.7% | 52.3% | 10 |
| 2020s | 44.9% | 42.0% | 49.5% | 6 |
Countries ranked near Madagascar
More financial sector data for Madagascar
- Net domestic credit (current LCU), per capita 555,983 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,010 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 2.08 billion SDR (2024)
- Reserves excluding gold 2.14 billion SDR (2024)
- Total reserves (gold at market value) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) 2.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 66.8 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.84 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 66.8 SDR per person (2024)
Frequently asked questions
- What is risk premium on lending in Madagascar?
- Risk premium on lending in Madagascar was 48.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Madagascar?
- The highest recorded value was 52.3% in 2013.
- What is the lowest risk premium on lending recorded in Madagascar?
- The lowest recorded value was 7.0% in 2006.
- How does Madagascar rank for risk premium on lending?
- Madagascar ranks 1st out of 86 countries with data for 2025.
- Is risk premium on lending rising or falling in Madagascar?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is rising.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.