The benchmark interest rate in Madagascar was last recorded at 12 percent. Interest Rate in Madagascar averaged 12.06 percent from 1994 until 2026, reaching an all time high of 33.00 percent in April of 1995 and a record low of 7.00 percent in January of 2002. source: Central Bank of Madagascar

Interest Rate in Madagascar is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Interest Rate is projected to trend around 9.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Deposit Interest Rate 12.00 12.00 percent Apr 2025
Interest Rate 12.00 12.00 percent Jan 2026
Money Supply M3 23650.10 23110.90 MGA Billion Sep 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 33.00 7.00 1994 - 2026 percent Daily