Lending interest rate | Madagascar – yearly data, chart and table

The average lending rate in Madagascar in 2023 was 53.58%. In 2022, the value was amounted to  48.83%. It has been growing in this country for already 2 years in a row. Since 1989, for the whole period of statistics, this indicator has increased in 2.41 times. The lowest credit rate meets the short- and medium-term financing needs of the private sector in Madagascar was recorded in 1989, with a value of 22.25%. The highest value was in end-2017, when it reached 60.00%.