Deposit Interest Rate in Zimbabwe increased to 30 percent in April from 26 percent in March of 2022. source: Reserve Bank of Zimbabwe

Deposit Interest Rate in Zimbabwe averaged 19.69 percent from 1980 until 2022, reaching an all time high of 203.38 percent in December of 2006 and a record low of 3.52 percent in December of 1980. This page includes a chart with historical data for Deposit Interest Rate in Zimbabwe. Zimbabwe Deposit Interest Rate - values, historical data and charts - was last updated on June of 2022.

Deposit Interest Rate in Zimbabwe is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Deposit Interest Rate is projected to trend around 30.00 percent in 2023 and 20.00 percent in 2024, according to our econometric models.

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Zimbabwe Deposit Interest Rate

Related Last Previous Unit Reference
Interest Rate 80.00 80.00 percent May 2022
Money Supply M1 614481641.00 530433489.00 USD Thousands Apr 2022
Money Supply M2 667125677.00 584582692.00 USD Thousands Apr 2022
Money Supply M3 671372605.00 589093587.00 USD Thousands Apr 2022
Deposit Interest Rate 30.00 26.00 percent Apr 2022
Lending Rate 85.00 85.00 percent Apr 2022
Banks Balance Sheet 946471.10 860321.70 USD Million Apr 2022

Zimbabwe Deposit Interest Rate
In Zimbabwe, deposit rates depict the range of rates quoted by banks. In May 2017 banks have adjusted their costs of holding deposits following the call by the Reserve Bank of Zimbabwe to reduce lending rates.
Actual Previous Highest Lowest Dates Unit Frequency
30.00 26.00 203.38 3.52 1980 - 2022 percent Monthly