Deposit Interest Rate in Kenya increased to 8.30 percent in 2018 from 7.70 percent in 2017. Deposit Interest Rate in Kenya - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Deposit Interest Rate in Kenya averaged 9.22 percent from 1980 until 2018, 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 is expected to reach 8.05 percent by the end of 2020, 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 7.55 percent in 2021, according to our econometric models.


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Deposit Interest Rate in Kenya

Actual Previous Highest Lowest Dates Unit Frequency
8.30 7.70 18.40 2.43 1980 - 2018 percent Yearly


Deposit Interest Rate in Kenya
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.