Zambia - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Zambia was 8.72 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 88.13 in 1993 and a minimum value of 6.00 in 1982.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1978 6.25
1979 6.75
1980 7.00
1981 6.17
1982 6.00
1983 7.00
1984 7.71
1985 15.33
1986 17.74
1987 13.23
1988 11.44
1989 11.44
1990 25.65
1991 31.50
1992 48.50
1993 88.13
1994 46.14
1995 30.24
1996 42.13
1997 34.48
1998 13.08
1999 20.27
2000 20.24
2001 23.41
2002 23.33
2003 21.95
2004 11.51
2005 11.19
2006 10.33
2007 9.22
2008 6.55
2009 7.09
2010 7.40
2011 7.02
2012 7.00
2013 6.49
2014 7.88
2015 8.99
2016 10.78
2017 8.89
2018 6.80
2019 8.29
2020 8.72

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates