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Deposit Interest Rate in Rwanda

Deposit Interest Rate in Rwanda

Indicator Data Period
Deposit Interest Rate 7.58 % 2022


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Rwanda - Historical Data (%)

What is average deposit bank interest rate in Rwanda?

  • Bank Deposit Interest Rate in Rwanda decreased to 7.58 % in 2022. The maximum rate was 11.01 % and minimum was 5 %.
  • Data published Yearly by World Bank.

Historical Data (%) by years

Data
Period
Date
7.58 2022 17.02.2023
8.05 2021 13.03.2022
7.64 2020 09.02.2021
7.64 2019 21.07.2020
5.39 2018 29.10.2019
5.95 2017 04.07.2019


Historical Chart by presidents (%)

Deposit Interest Rate in Rwanda by presidents

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

Other money indicators in Rwanda

Index Updated Actual Previous
Interbank Rate Aug/23 8 % 7.79
Interest Rate Sep/23 7.5 % 7.5
Money Supply M1 Jul/23 1.628 B USD 1.517
Foreign Direct Investment 2022 0.316 B USD 0.233
Private Sector Credit  Jul/23 2.881 B USD 2.828

Deposit Interest Rate in other countries

Country Updated Actual Previous
Kenya 2021 6.69 % 6.97
Madagascar Jun/23 13 % 13
Tanzania 3Q/19 7.5 % 7.3
Togo 2017 6.49 % 6.93
Nigeria Aug/23 7.55 % 7.62
Morocco 2022 2.5 % 2.6
Senegal 2017 6.49 % 6.93
Seychelles 2022 1.67 % 2.79
South Africa Jul/23 6.81 % 6.8
Uganda Aug/23 10.42 % 10.98
Rwanda 2022 7.58 % 8.05
Zambia Jun/21 8.11 % 8.22
Namibia 2022 3.72 % 2.94
Swaziland 2022 2.54 % 1.78
Libya 2014 2.5 % 2.5
Algeria Aug/23 1.75 % 1.75
Angola 2022 7.1 % 7.05
Benin 2017 6.49 % 6.93
Botswana Jul/23 2.63 % 1.31
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 2023 4.74 % 4.66
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 14.75 % 12.75