Madagascar - Real Interest Rate 2023
42.91%
+7.15pp from 2022
Madagascar's real interest rate was 42.91% in 2023, increased +7.15pp from 35.76% in 2022. This was the 91st highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -68.88% | -80.8% |
| 2nd | South Sudan | -52.94% | -1.5% |
| 3rd | Argentina | -17.25% | -75.7% |
| 4th | Suriname | -14.22% | 38.7% |
| 5th | Haiti | -13.15% | -2.4% |
| 6th | Sierra Leone | -7.44% | -23.6% |
| 7th | Burundi | -6.52% | -129.0% |
| 8th | Egypt, Arab Republic of | -5.64% | -4,054.4% |
| 9th | São Tomé and Principe | -4.79% | -361.4% |
| 10th | Montenegro | -4.78% | 16.7% |
| 11th | Czechia | -3.61% | 11.9% |
| 12th | Bulgaria | -3.30% | 68.6% |
| 13th | Bosnia and Herzegovina | -2.96% | 60.8% |
| 14th | Romania | -2.70% | 29.6% |
| 15th | North Macedonia | -2.26% | 41.9% |
| 16th | Bahamas, The | -2.24% | -1,954.7% |
| 17th | San Marino | -1.60% | -258.8% |
| 18th | Italy | -1.23% | -6.7% |
| 19th | Aruba | -1.22% | -170.4% |
| 20th | Nicaragua | -1.17% | -250.9% |
| 21st | Angola | -0.86% | -150.6% |
| 22nd | Kyrgyz Republic | -0.63% | 24.2% |
| 23rd | Hungary | 0.17% | 105.9% |
| 24th | Jamaica | 0.29% | 125.7% |
| 25th | Tonga | 0.29% | 123.4% |
| 26th | Albania | 0.58% | 119.1% |
| 27th | Bangladesh | 0.63% | -68.1% |
| 28th | Samoa | 1.39% | -75.1% |
| 29th | Macao SAR, China | 1.56% | -62.2% |
| 30th | Belize | 1.63% | 41.7% |
| 31st | Antigua and Barbuda | 1.72% | 243.2% |
| 32nd | Belarus | 1.77% | 193.9% |
| 33rd | Vanuatu | 1.84% | 184.3% |
| 34th | Ukraine | 1.87% | 115.4% |
| 35th | Switzerland | 1.95% | 610.9% |
| 36th | Fiji | 2.16% | 188.3% |
| 37th | St. Kitts and Nevis | 2.16% | -37.6% |
| 38th | Grenada | 2.37% | -49.8% |
| 39th | Moldova | 2.80% | 147.1% |
| 40th | Hong Kong SAR, China | 2.80% | -16.7% |
| 41st | Nigeria | 2.88% | -27.5% |
| 42nd | Thailand | 2.97% | 304.5% |
| 43rd | Korea | 3.09% | 26.5% |
| 44th | Mauritius | 3.17% | 437.2% |
| 45th | Russian Federation | 3.36% | 159.0% |
| 46th | Malawi | 3.50% | -49.9% |
| 47th | Rwanda | 3.67% | 640.9% |
| 48th | Dominica | 3.77% | -39.8% |
| 49th | Namibia | 4.06% | 96.8% |
| 50th | St. Vincent and the Grenadines | 4.13% | 895.8% |
| 51st | Cabo Verde | 4.13% | 195.4% |
| 52nd | Eswatini | 4.51% | 1,430.9% |
| 53rd | St. Lucia | 4.84% | 120.0% |
| 54th | China | 4.88% | 105.9% |
| 55th | Botswana | 4.91% | 166.4% |
| 56th | Guatemala | 5.09% | -2.5% |
| 57th | Seychelles | 5.23% | -29.5% |
| 58th | Iceland | 5.93% | 622.6% |
| 59th | Gambia, The | 6.18% | -33.9% |
| 60th | South Africa | 6.47% | 91.8% |
| 61st | Mexico | 6.63% | 367.5% |
| 62nd | Algeria | 6.93% | 157.1% |
| 63rd | Jordan | 7.00% | 51.1% |
| 64th | Viet Nam | 7.08% | 107.1% |
| 65th | Indonesia | 7.29% | 860.9% |
| 66th | Malaysia | 7.30% | 425.0% |
| 67th | Uzbekistan | 7.32% | 15.0% |
| 68th | Bhutan | 7.53% | -2.9% |
| 69th | Kenya | 7.75% | 54.2% |
| 70th | Honduras | 7.87% | 62.6% |
| 71st | Dominican Republic | 8.17% | 289.6% |
| 72nd | Uruguay | 8.20% | 50.8% |
| 73rd | Bolivia, Plurinational State of | 8.44% | 67.3% |
| 74th | Armenia | 9.01% | 160.5% |
| 75th | Costa Rica | 9.19% | 804.2% |
| 76th | Maldives | 9.34% | 28.6% |
| 77th | Georgia | 10.26% | 101.0% |
| 78th | Lesotho | 11.49% | 251.1% |
| 79th | Colombia | 13.16% | 1,614.2% |
| 80th | Papua New Guinea | 13.26% | 316.7% |
| 81st | Kuwait | 14.13% | 221.2% |
| 82nd | Qatar | 17.24% | 201.8% |
| 83rd | Mozambique | 17.71% | 76.0% |
| 84th | Norway | 18.43% | 194.0% |
| 85th | Brunei Darussalam | 21.05% | 239.6% |
| 86th | Trinidad and Tobago | 23.57% | 423.8% |
| 87th | Azerbaijan | 25.68% | 255.4% |
| 88th | Guyana | 26.14% | 904.0% |
| 89th | Brazil | 36.55% | 28.7% |
| 90th | Timor-Leste | 39.84% | 12,307.4% |
| 91st | Madagascar | 42.91% | 20.0% |
FAQ
What was Madagascar's real interest rate in 2023?▾
Madagascar's real interest rate in 2023 was 42.91%. This ranked 91st globally.
How did Madagascar's real interest rate change in 2023?▾
Madagascar's real interest rate increased by 20.0% in 2023 compared to 2022.
Which country had the highest real interest rate in 2023?▾
Madagascar had the highest real interest rate in 2023 at 42.91%.
What is the real interest rate of Madagascar in 2023?▾
The real interest rate of Madagascar in 2023 was 42.91%. This ranked 91st globally.
How does 2023 compare to 2022 for Madagascar's real interest rate?▾
Madagascar's real interest rate went from 35.76% in 2022 to 42.91% in 2023, a 20.0% increase.
Related
2022
All years
Full ranking 2023
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 2017
Lowest: 1995
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs Malawi
vs Central African Republic
vs Eritrea
vs Mozambique
African Union Real Interest Rate
Global Ranking