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Interest rate spread

(%)

Madagascar is the top country by interest rate spread in the world. As of 2017, interest rate spread in Madagascar was 45 %. The top 5 countries also includes Brazil, Kyrgyzstan, Democratic Republic of the Congo, and Sierra Leone.

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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.