Deposit Interest Rate in Kenya decreased to 6.97 percent in 2020 from 7.50 percent in 2019. source: World Bank

Deposit Interest Rate in Kenya averaged 9.11 percent from 1980 until 2020, reaching an all time high of 18.40 percent in 1998 and a record low of 2.43 percent in 2004. This page includes a chart with historical data for Deposit Interest Rate in Kenya. Deposit Interest Rate in Kenya - values, historical data and charts - was last updated on June of 2022.

Deposit Interest Rate in Kenya is expected to reach 7.47 percent by the end of 2022, 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 7.47 percent in 2023 and 6.47 percent in 2024, according to our econometric models.

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Deposit Interest Rate in Kenya



Related Last Previous Unit Reference
Deposit Interest Rate 6.97 7.50 percent Dec 2020

Deposit Interest Rate in Kenya
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
6.97 7.50 18.40 2.43 1980 - 2020 percent Yearly