The benchmark interest rate in Madagascar was last recorded at 9.50 percent.

Interest Rate in Madagascar averaged 12.48 percent from 1994 until 2020, reaching an all time high of 33 percent in April of 1995 and a record low of 7 percent in January of 2002. This page provides - Madagascar Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Madagascar Interest Rate - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Madagascar is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Madagascar to stand at 9.00 in 12 months time. In the long-term, the Madagascar Interest Rate is projected to trend around 9.00 percent in 2021 and 8.00 percent in 2022, according to our econometric models.

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Madagascar Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.50 9.50 33.00 7.00 1994 - 2020 percent Daily

Madagascar Money Last Previous Highest Lowest Unit
Interest Rate 9.50 9.50 33.00 7.00 percent [+]
Money Supply M3 12545.00 12535.00 12659.00 3606.00 MGA Billion [+]
Deposit Interest Rate 13.00 13.00 24.00 8.00 percent [+]

Madagascar Interest Rate
In Madagascar, interest rates decisions are taken by the Central Bank of Madagascar’s Monetary Policy Committee. The CBM’s official interest rate is the key rate.