Deposit Interest Rate in Uganda increased to 9.08 percent in July from 8.01 percent in June of 2022. source: Bank of Uganda

Deposit Interest Rate in Uganda averaged 11.69 percent from 1987 until 2022, reaching an all time high of 38.38 percent in September of 1992 and a record low of 3.54 percent in April of 2002. This page includes a chart with historical data for Deposit Interest Rate in Uganda. Deposit Interest Rate in Uganda - values, historical data and charts - was last updated on September of 2022.

Deposit Interest Rate in Uganda is expected to be 9.09 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 Uganda is projected to trend around 10.09 percent in 2023 and 8.59 percent in 2024, according to our econometric models.

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Deposit Interest Rate in Uganda

Related Last Previous Unit Reference
Interest Rate 9.00 8.50 percent Aug 2022
Money Supply M2 25605.40 26296.50 UGX Billion Jul 2022
Money Supply M3 35484.30 35834.20 UGX Billion Jul 2022
Foreign Exchange Reserves 3883.68 4099.33 USD Million Jul 2022
Loans to Private Sector 20909.41 20622.18 UGX Billion Jul 2022
Deposit Interest Rate 9.08 8.01 percent Jul 2022
Money Supply M1 15255.20 15900.50 UGX Billion Jul 2022

Deposit Interest Rate in Uganda
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
9.08 8.01 38.38 3.54 1987 - 2022 percent Monthly