Madagascar - Interest rate spread

35.46 (%) in 2022

In 2022, interest rate spread for Madagascar was 35.46 %. Between 2014 and 2022, interest rate spread in Madagascar was decreasing on average by 3.23% each year, although before that, it grew from 8.35 % in 2006 to 49.05 % in 2014.

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What is interest rate spread?

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.

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What is Madagascar interest rate spread?