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Interest Rate on Bank Deposits (Local Currency) in Madagascar

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 10.3% in third quarter of 2015 in Madagascar, according to the National Central Bank. This is 31.7% less than in the previous quarter.

Historically, interest rate on bank deposits in Madagascar reached an all time high of 24.0% in 2Q1996 and an all time low of 8.00% in 1Q1999.

Madagascar has been ranked 13th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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