Madagascar: Deposit interest rate

* indicates monthly or quarterly data series
 Madagascar

Bank deposit interest rate, percent

 Latest value 5.83
 Reference September 2023
 Measure percent
 Data availability January 2018 - September 2023
 Average 6.66
 Min - Max 4.89 - 8.54
 Source Central Bank of Madagascar
For that indicator, we provide data for Madagascar from January 2018 to September 2023. The average value for Madagascar during that period was 6.66 percent with a minimum of 4.89 percent in November 2022 and a maximum of 8.54 percent in May 2021. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Madagascar - Deposit interest rate - recent values

Historical chart
Madagascar - Deposit interest rate - historical chart - 2018-2023
Measure: percent
Source: Central Bank of Madagascar


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 Related indicators Latest value Reference Measure
 Inflation 8.2 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 4,508.2427 9/2023 Local Currency Units per USD
 Money supply (broad money) 16,823.57 9/2023 billion
 Consumer Price Index (CPI) 164.9981 9/2023 index points
 Inflation, monthly 0.45 9/2023 percent
 Inflation, annual 8.20 9/2023 percent
 Private sector credit 11,028.35 9/2023 billion
 Business credit 7,083.30 9/2023 billion
 Household credit 3,945.05 9/2023 billion
 Deposit interest rate 5.83 9/2023 percent
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