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Deposit Interest Rate in Kenya

Deposit Interest Rate in Kenya

Indicator Data Period
Deposit Interest Rate 6.69 % 2021


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Kenya - Historical Data (%)

What is average deposit bank interest rate in Kenya?

  • Bank Deposit Interest Rate in Kenya decreased to 6.69 % in 2021. The maximum rate was 18.4 % and minimum was 2.43 %.
  • Data published Yearly by World Bank.

Historical Data (%) by years

Data
Period
Date
6.69 2021 08.09.2022
6.97 2020 20.04.2021
7.5 2019 20.10.2020
8.3 2018 29.10.2019
7.7 2017 04.07.2019


Historical Chart by presidents (%)

Deposit Interest Rate in Kenya by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Kenya

Index Updated Actual Previous
Bank Lending Rate Jan/23 12.77 % 12.67
Interbank Rate Feb/23 6.42 % 5.89
Interest Rate Mar/23 9.5 % 8.75
Loans to Private Sector Apr/17 23.08 B USD 0
Money Supply M1 Jan/23 14.705 B USD 14.856
Foreign Direct Investment 2021 0.384 B USD 0.343

Deposit Interest Rate in other countries

Country Updated Actual Previous
Kenya 2021 6.69 % 6.97
Madagascar Dec/22 13 % 13
Tanzania 3Q/19 7.5 % 7.3
Togo 2017 6.49 % 6.93
Nigeria Jan/23 8.76 % 8.79
Morocco 2022 2.5 % 2.6
Senegal 2017 6.49 % 6.93
Seychelles 2022 1.67 % 2.79
South Africa Jan/23 5.81 % 6.15
Uganda Jan/23 11.47 % 10.72
Rwanda 2022 7.58 % 8.05
Zambia Jun/21 8.11 % 8.22
Namibia 2022 3.72 % 2.94
Swaziland 2022 2.16 % 1.78
Libya 2014 2.5 % 2.5
Algeria Jan/23 1.75 % 1.75
Angola 2022 7.1 % 7.05
Benin 2017 6.49 % 6.93
Botswana Jan/23 1.53 % 1.53
Burkina Faso 2017 6.5 % 6.9
Central African Republic 2017 2.45 % 2.45
Chad 2017 2.45 % 2.45
Comoros 2022 2.06 % 1.75
Republic of the Congo 2017 2.45 % 2.45
Djibouti 2017 1.65 % 1.5
Equatorial Guinea 2017 2.45 % 2.45
Gabon 2017 2.45 % 2.45
Gambia 2Q/19 9 % 9
Guatemala 2022 3.91 % 4.14
Guinea Bissau 2017 6.49 % 6.93
Lesotho 2022 4.24 % 4.24
Mali 2017 6.5 % 6.9
Niger 2017 6.49 % 6.93
Sao Tome and Principe 2Q/19 3.36 % 3.28
Sierra Leone 2023 12.25 % 12.25