Madagascar - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Madagascar was 48.28 as of 2021. Over the past 32 years, the value for this indicator has fluctuated between 60.00 in 2017 and 22.25 in 1989.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1989 22.25
1990 25.80
1991 25.48
1992 25.00
1993 25.65
1994 28.28
1995 34.75
1996 35.50
1997 30.33
1998 27.00
1999 27.25
2000 26.88
2001 25.50
2002 25.25
2003 24.25
2004 24.56
2005 25.88
2006 28.15
2007 40.28
2008 44.00
2009 44.62
2010 46.00
2011 52.50
2012 56.13
2013 58.98
2014 60.00
2015 56.72
2016 60.00
2017 60.00
2018 55.39
2019 49.00
2020 48.87
2021 48.28

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates