Bank Interest Rate Spread Statistics in Madagascar (2026)
As of 2024, the bank interest rate spread in Madagascar was 47.4 percentage points, per World Bank World Development Indicators data. Up from 40.6 percentage points in 2023 to 47.4 percentage points in 2024 (+6.8 percentage points). Madagascar ranks #24 of 25 economies in Sub-Saharan Africa on this measure, and #104 of 105 globally.
Key Statistics
- Latest value (2024)
- 47.4 percentage points (2024)
- Bank Interest Rate Spread in Madagascar as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +6.8 pp (2024)
- Up from 40.6 percentage points in 2023 to 47.4 percentage points in 2024 (+6.8 percentage points).
- Earliest value in this dataset (1990)
- 5.3 percentage points (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 5.3 percentage points in 1990 to 47.4 percentage points in 2024.
- Peak value (2014)
- 49 percentage points (2014)
- Highest value in the available series; the 2024 value is 47.4 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #24 of 25 (2024)
- Madagascar ranks 24 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #104 of 105 (2024)
- Madagascar ranks 104 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2024)
- Madagascar (47.4 percentage points) is above the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2024)
- 60% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 12.6% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Madagascar (2024)
- 18.7% (2024)
- 18.7% of the population in Madagascar used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 32 million (2024)
- Madagascar had a population of 32 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 47.4 | +16.8% |
| 2023 | 40.6 | +14.5% |
| 2022 | 35.5 | +2.7% |
| 2021 | 34.5 | −3.2% |
| 2020 | 35.7 | −0.9% |
| 2019 | 36 | −15.6% |
| 2018 | 42.6 | −5.2% |
| 2017 | 45 | +0.0% |
| 2016 | 45 | +7.0% |
| 2015 | 42 | −14.3% |
| 2014 | 49 | +0.4% |
| 2013 | 48.8 | +6.8% |
| 2012 | 45.7 | +9.3% |
| 2011 | 41.9 | +17.2% |
| 2010 | 35.7 | +7.5% |
| 2009 | 33.2 | +8.1% |
| 2008 | 30.8 | +29.3% |
| 2007 | 23.8 | +184.7% |
| 2006 | 8.3 | −12.1% |
| 2005 | 9.5 | −20.6% |
| 2004 | 12 | −4.2% |
| 2003 | 12.5 | −5.8% |
| 2002 | 13.3 | +8.4% |
| 2001 | 12.2 | +3.7% |
| 2000 | 11.8 | −27.1% |
| 1999 | 16.2 | −13.8% |
| 1998 | 18.8 | +17.8% |
| 1997 | 15.9 | −0.9% |
| 1996 | 16.1 | −6.2% |
| 1995 | 17.1 | +95.1% |
| 1994 | 8.8 | +55.4% |
| 1993 | 5.7 | +25.6% |
| 1992 | 4.5 | −9.5% |
| 1991 | 5 | −6.1% |
| 1990 | 5.3 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Madagascar?
The bank interest rate spread in Madagascar stood at 47.4 percentage points in 2024, according to World Bank World Development Indicators data.
Where does Madagascar rank globally on bank interest rate spread?
Madagascar ranks 104 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Madagascar peak?
The highest value in the available series was 49 percentage points in 2014; the latest (2024) value is 47.4 percentage points.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .