Kenya - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Kenya was 6.69 as of 2021. As the graph below shows, over the past 54 years this indicator reached a maximum value of 18.40 in 1998 and a minimum value of 2.43 in 2004.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1967 3.50
1968 3.50
1969 3.50
1970 3.50
1971 3.50
1972 3.50
1973 3.50
1974 4.32
1975 5.13
1976 5.13
1977 5.13
1978 5.13
1979 5.13
1980 5.75
1981 8.85
1982 12.20
1983 13.27
1984 11.77
1985 11.25
1986 11.25
1987 10.31
1988 10.33
1989 12.00
1990 13.67
1991 14.50
1994 15.72
1995 13.60
1996 17.59
1997 16.72
1998 18.40
1999 9.55
2000 8.10
2001 6.64
2002 5.49
2003 4.13
2004 2.43
2005 5.08
2006 5.14
2007 5.16
2008 5.30
2009 5.97
2010 4.56
2011 5.63
2012 11.57
2013 8.64
2014 8.37
2015 9.19
2016 8.69
2017 7.67
2018 8.29
2019 7.51
2020 6.97
2021 6.69

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates