Interest rate on bank deposits reached 13.8% in 2021 in Madagascar, according to the National Central Bank. This is 4.27% more than in the previous year.
Historically, interest rate on bank deposits in Madagascar reached an all time high of 20.5% in 1991 and an all time low of 8.25% in 1998.
Madagascar has been ranked 4th within the group of 96 countries we follow in terms of interest rate on bank deposits.
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