Deposit Interest Rate in Kenya increased to 11.98 percent in 2024 from 9.17 percent in 2023. Deposit Interest Rate in Kenya averaged 9.07 percent from 1980 until 2024, reaching an all time high of 18.40 percent in 1998 and a record low of 2.43 percent in 2004. source: World Bank
Deposit Interest Rate in Kenya is expected to reach 11.73 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Kenya is projected to trend around 11.48 percent in 2027 and 10.98 percent in 2028, according to our econometric models.