Deposit Interest Rate in Benin

Deposit Interest Rate in Benin decreased to 6.49 percent in 2017 from 6.93 percent in 2016. Deposit Interest Rate in Benin averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017.

Deposit Interest Rate in Benin is expected to be 6.93 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Benin is projected to trend around 6.93 percent in 2020, according to our econometric models.

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Benin Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	4.50	4.50	4.50	3.50	percent	[+]
Interbank Rate	5.95	4.12	7.35	3.75	percent	[+]
Deposit Interest Rate	6.49	6.93	8.58	6.49	percent	[+]
Loans To Private Sector	1111255.00	1099183.00	1116234.00	321652.00	XOF Million	[+]

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Benin. Deposit Interest Rate in Benin - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.49	6.93	8.58	6.49	2005 - 2017	percent	Yearly

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Country	Last		Previous	Range
Argentina	56.71	Sep/19	56.71	85.38 : 0	%
Turkey	15.00	Sep/19	15	398 : 1.5	%
South Africa	7.00	Jul/19	7.15	21.6 : 5.08	%
Brazil	5.93	Jun/19	6.4	54180 : 5.66	%
Russia	5.41	Jul/19	5.79	102 : 5	%
Indonesia	4.50	Sep/19	4.75	56 : 3	%
Mexico	3.73	Jun/19	3.73	126 : 0.55	%
Saudi Arabia	3.40	Sep/19	3.4	9.04 : 0.5	%
South Korea	1.90	Jun/19	1.97	19.5 : 1.37	%
Canada	1.81	Sep/19	1.81	22.06 : 0.1	%
Australia	1.45	Aug/19	1.65	17.25 : 1.45	%
United Kingdom	0.50	Sep/19	0.5	4.25 : 0	%
China	0.35	Aug/19	0.35	3.15 : 0.35	%
Singapore	0.20	Aug/19	0.2	12.8 : 0.13	%
Japan	-0.33	Sep/19	-0.4	16.25 : -0.51	%
Switzerland	-0.36	Jul/19	-0.33	9.75 : -0.36	%
Euro Area	-0.50	Sep/19	-0.4	3.75 : -0.5	%