Madagascar—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #1 of 112Updated April 2026
Latest Value
42.9%
2023
YoY Change
+20.0%
2022 → 2023
Global Rank
#1
of 112 countries
Maximum
52.4%
2017
Minimum
6.3%
2005
CAGR
+5.1%
24 years
Last
42.9%
Previous
35.8%
Highest
52.4%
Lowest
6.3%
Source
World Bank World Development Indicators
Madagascar's real interest rate (%) was 42.9% in 2023, ranking #1 out of 112 countries. This represents a +20.0% change from 2022. Over the past 24 years, the highest recorded value was 52.4% (2017) and the lowest was 6.3% (2005). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 42.9% | +20.0% |
| 2022 | 35.8% | -9.5% |
| 2021 | 39.5% | -7.4% |
| 2020 | 42.7% | +7.1% |
| 2019 | 39.9% | -8.3% |
| 2018 | 43.5% | -17.1% |
| 2017 | 52.4% | +11.9% |
| 2016 | 46.8% | -0.6% |
| 2015 | 47.1% | -5.5% |
| 2014 | 49.9% | -1.7% |
| 2013 | 50.8% | +5.7% |
| 2012 | 48.0% | +25.9% |
| 2011 | 38.2% | +17.5% |
| 2010 | 32.5% | -7.9% |
| 2009 | 35.2% | +3.8% |
| 2008 | 34.0% | +24.9% |
| 2007 | 27.2% | +73.2% |
| 2006 | 15.7% | +147.3% |
| 2005 | 6.3% | -31.8% |
| 2004 | 9.3% | -64.7% |
| 2003 | 26.4% | +251.5% |
| 2002 | 7.5% | -53.9% |
| 2001 | 16.3% | +18.8% |
| 2000 | 13.7% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |