Deposit Interest Rate in Malawi decreased to 9.95 percent in the first quarter of 2017 from 11.41 percent in the fourth quarter of 2016. Deposit Interest Rate in Malawi averaged 15.43 percent from 1980 until 2017, reaching an all time high of 42 percent in the third quarter of 1995 and a record low of 3.50 percent in the first quarter of 2008.

Deposit Interest Rate in Malawi is expected to be 9.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Malawi to stand at 10.45 in 12 months time. In the long-term, the Deposit Interest Rate in Malawi is projected to trend around 10.45 percent in 2020, according to our econometric models.

Deposit Interest Rate in Malawi
Forecast Data Chart
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Malawi Money Last Previous Highest Lowest Unit
Interest Rate 13.50 13.50 75.53 13.00 percent [+]
Money Supply M1 596600.00 577500.00 596600.00 56.40 MWK Million [+]
Money Supply M2 1282200.00 1254500.00 1282200.00 90.70 MWK Million [+]
Foreign Exchange Reserves 620.10 759.50 765.70 19.30 MWK Billions [+]

Deposit Interest Rate in Malawi

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 Malawi. Deposit Interest Rate in Malawi - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.95 11.41 42.00 3.50 1980 - 2017 percent Quarterly

Country Last Previous
Argentina 57.62 Oct/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.13 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19