Madagascar: Real interest rate

The latest value from 2025 is 47.63 percent, a decline from 48.93 percent in 2024. In comparison, the world average is 5.78 percent, based on data from 64 countries. Historically, the average for Madagascar from 1989 to 2025 is 27.55 percent. The minimum value, -9.58 percent, was reached in 1995 while the maximum of 52.44 percent was recorded in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.