Deposit Interest Rate in Rwanda increased to 7.64 percent in 2019 from 5.39 percent in 2018.

Deposit Interest Rate in Rwanda averaged 7.64 percent from 1980 until 2019, reaching an all time high of 11.01 percent in 1996 and a record low of 5 percent in 1993. This page includes a chart with historical data for Deposit Interest Rate in Rwanda. Deposit Interest Rate in Rwanda - values, historical data and charts - was last updated on October of 2020.

Deposit Interest Rate in Rwanda is expected to reach 7.64 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 Rwanda is projected to trend around 7.14 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Rwanda

Actual Previous Highest Lowest Dates Unit Frequency
7.64 5.39 11.01 5.00 1980 - 2019 percent Yearly

Rwanda Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 9.00 4.50 percent [+]
Interbank Rate 5.28 5.28 12.85 2.28 percent [+]
Deposit Interest Rate 7.64 5.39 11.01 5.00 percent [+]
Lending Rate 16.10 16.91 17.85 14.16 percent [+]
Money Supply M1 1183.50 1135.00 1185.00 79.50 RWF Billion [+]
Money Supply M2 2060.60 1952.80 2060.60 118.20 RWF Billion [+]
Money Supply M3 2630.50 2521.90 12749.90 148.20 RWF Billion [+]

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