Deposit Interest Rate in Kenya

Deposit Interest Rate in Kenya decreased to 7.70 percent in 2017 from 8.70 percent in 2016. Deposit Interest Rate in Kenya averaged 9.24 percent from 1980 until 2017, reaching an all time high of 18.40 percent in 1998 and a record low of 2.43 percent in 2004.

Deposit Interest Rate in Kenya is expected to be 9.02 percent by the end of this quarter, 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 8.75 percent in 2020, according to our econometric models.

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Kenya Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	9.00	9.00	84.67	0.83	percent	[+]
Money Supply M1	1498.73	1494.64	1520.26	71.50	KES Billion	[+]
Interbank Rate	2.98	5.61	68.30	0.40	percent	[+]
Money Supply M2	2866.98	2838.93	2866.98	231.09	KES Billion	[+]
Money Supply M3	3487468.63	3415745.73	3487468.63	244755.00	KES Million	[+]
Foreign Exchange Reserves	13187.30	13368.60	13368.60	853.00	USD Million	[+]
Deposit Interest Rate	7.70	8.70	18.40	2.43	percent	[+]
Loans To Private Sector	2326105.00	2335247.00	2344446.00	166281.00	KES Million	[+]

Deposit Interest Rate in Kenya

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

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	7.70	8.70	18.40	2.43	1980 - 2017	percent	Yearly

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Country	Last		Previous	Range
Argentina	51.44	Aug/19	51.44	85.38 : 0	%
Turkey	18.25	Jul/19	18.25	398 : 1.5	%
South Africa	7.15	Jun/19	7.03	21.6 : 5.08	%
Brazil	5.93	Jun/19	6.4	54180 : 5.66	%
Russia	5.79	Jun/19	5.73	102 : 5	%
Indonesia	4.75	Aug/19	5	56 : 3	%
Mexico	3.73	May/19	3.7	126 : 0.55	%
Saudi Arabia	3.40	Aug/19	3.4	9.04 : 0.5	%
South Korea	1.97	May/19	1.99	19.5 : 1.37	%
Canada	1.81	Aug/19	1.81	22.06 : 0.1	%
Australia	1.65	Jul/19	1.75	17.25 : 1.65	%
United Kingdom	0.50	Aug/19	0.5	4.25 : 0	%
China	0.35	Jul/19	0.35	3.15 : 0.35	%
Singapore	0.20	Jun/19	0.2	12.8 : 0.13	%
Japan	-0.24	Aug/19	-0.26	16.25 : -0.51	%
Switzerland	-0.33	Jun/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Jul/19	-0.4	3.75 : -0.4	%