Madagascar - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Madagascar was 34.53 as of 2021. As the graph below shows, over the past 32 years this indicator reached a maximum value of 49.05 in 2014 and a minimum value of 4.50 in 1989.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. 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 4.50
1990 5.30
1991 4.98
1992 4.50
1993 5.65
1994 8.78
1995 17.13
1996 16.06
1997 15.92
1998 18.75
1999 16.17
2000 11.79
2001 12.23
2002 13.25
2003 12.49
2004 11.97
2005 9.50
2006 8.35
2007 23.78
2008 30.75
2009 33.23
2010 35.71
2011 41.85
2012 45.73
2013 48.83
2014 49.05
2015 42.05
2016 45.00
2017 45.00
2018 42.64
2019 36.00
2020 35.68
2021 34.53

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates