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Cost of moneyMadagascar

Deposit rate in Madagascar

What does parked money earn there?

Madagascar's deposit rate is 12.08 % — #6 of 70 countries on the atlas (higher is better). Period 2025.

12.08%

Checked 19 Sept 2026Period 2025

Source: IMF International Financial Statistics

Deposit rate in Madagascar over time

20.50 %14.38 %8.25 %20.50 % · 19908.25 % · 19981989: 17.75 %1990: 20.50 %1991: 20.50 %1992: 20.50 %1993: 20.00 %1994: 19.50 %1995: 17.63 %1996: 19.44 %1997: 14.41 %1998: 8.25 %1999: 11.08 %2000: 15.08 %2001: 13.28 %2002: 12.00 %2003: 11.77 %2004: 12.60 %2005: 16.38 %2006: 19.80 %2007: 16.50 %2008: 13.25 %2009: 11.39 %2010: 10.29 %2011: 10.65 %2012: 10.40 %2013: 10.15 %2014: 10.95 %2015: 14.67 %2016: 15.00 %2017: 15.00 %2018: 12.75 %2019: 13.00 %2020: 13.19 %2021: 13.75 %2022: 13.38 %2023: 13.00 %2024: 12.58 %2025: 12.08 %19892007202512.08 %
37 official observations, 1989 → 2025. Every point is a published value — never interpolated.
Rank
#6 of 70
higher is better
Ranked behind
91 %
64 of 70 countries
Latest move
▼ 0.50 pp
since 2024
Below its peak
8.42 pp
peak 20.50 % in 1990
Full series
▼ 5.67 pp
since 1989

In Africa: #2 of 15vs median 4.96 %: +7.12 pp (better)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Madagascar: ahead of 91 % of the 70 countries with a published deposit rateMadagascar 12.08 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Madagascar is ahead of 91 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Madagascar
4 Russia14.62 %+2.54 pp
5 Honduras12.44 %+0.36 pp
6 Madagascar12.08 %—
7 Kenya11.98 %−0.10 pp
8 Nigeria11.27 %−0.81 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Madagascar

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Madagascar with another country →Everything about Madagascar →
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