Deposit Interest Rate in Uganda increased to 10.26 percent in March from 9.85 percent in February of 2019. Deposit Interest Rate in Uganda averaged 14.23 percent from 1980 until 2019, reaching an all time high of 39 percent in May of 1992 and a record low of 3.54 percent in April of 2002.

Deposit Interest Rate in Uganda is expected to be 7.17 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Uganda to stand at 6.67 in 12 months time. In the long-term, the Deposit Interest Rate in Uganda is projected to trend around 5.92 percent in 2020, according to our econometric models.

Deposit Interest Rate in Uganda
Forecast Data Chart
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Uganda Money Last Previous Highest Lowest Unit
Interest Rate 10.00 10.00 23.00 9.00 percent [+]
Money Supply M2 17244.40 16868.70 17244.40 138.70 UGX Billion [+]
Money Supply M3 24373.00 23963.10 24373.00 138.70 UGX Billion [+]
Foreign Exchange Reserves 3338.09 3387.56 3654.45 5.10 USD Million [+]
Loans to Private Sector 15655.36 15508.43 15655.36 244.22 SHS Billion [+]
Deposit Interest Rate 10.26 9.85 39.00 3.54 percent [+]
Money Supply M1 10015.80 9866.00 10015.80 912.60 UGX Billion [+]

Deposit Interest Rate in Uganda

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

Actual Previous Highest Lowest Dates Unit Frequency
10.26 9.85 39.00 3.54 1980 - 2019 percent Monthly

Country Last Previous
Argentina 55.49 Aug/19
Turkey 18.25 Jul/19
South Africa 7.03 May/19
Brazil 6.19 Mar/19
Russia 5.79 Jun/19
Indonesia 4.75 Aug/19
Mexico 3.73 May/19
Saudi Arabia 3.40 Aug/19
South Korea 1.97 May/19
Canada 1.81 Aug/19
Australia 1.65 Jul/19
United Kingdom 0.50 Aug/19
China 0.35 Jul/19
Singapore 0.20 Jun/19
Japan -0.26 Aug/19
Switzerland -0.33 Jun/19
Euro Area -0.40 Jul/19