Madagascar

Bank Deposit Interest Rate

8.03
percent
Apr 15Sep 15Feb 16Jul 16Dec 16May 17Oct 17Mar 18Aug 18Jan 19Jun 19Nov 19Apr 20Sep 20Feb 21Jul 21Dec 210.0003.0006.0009.00012.00
  • Madagascar
  • Global Median
Source: IMF

Global Ranking

24
Egypt8.3
25
Rwanda8.11
26
Tanzania8.07
30
Ethiopia7.69
31
Mongolia7.54
32
Zambia6.96
33
Kenya6.82

Africa Ranking

2
Ghana10.13
4
Egypt8.3
5
Rwanda8.11
10
Zambia6.96
11
Kenya6.82
12
Burundi6.79

News

Definition of Bank Deposit Interest Rate

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

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