Deposit Interest Rate in Togo decreased to 6.49 percent in 2017 from 6.93 percent in 2016.

Deposit Interest Rate in Togo averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017. This page includes a chart with historical data for Deposit Interest Rate in Togo. Deposit Interest Rate in Togo - values, historical data and charts - was last updated on March of 2020.

Deposit Interest Rate in Togo is expected to reach 5.99 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 Togo is projected to trend around 5.99 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Togo

Actual Previous Highest Lowest Dates Unit Frequency
6.49 6.93 8.58 6.49 2005 - 2017 percent Yearly
Deposit Interest Rate by Country

Togo Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 4.50 3.50 percent [+]
Loans To Private Sector 921521.00 890771.00 921521.00 157720.00 XOF Million [+]


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