Kenya: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 11.24 percent as of September 2024, a decline compared to the previous value of 11.59 percent. Historically, the average for Kenya from July 1991 to September 2024 is 8.17 percent. The minimum of 1.96 percent was recorded in April 2004, while the maximum of 23.43 percent was reached in November 1993.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Kenya
| Recent values | Kenya: Bank deposit interest rate, percent |
|---|---|
| 2024 Sep | 11.24 |
| 2024 Aug | 11.59 |
| 2024 Jul | 11.28 |
| 2024 Jun | 11.48 |
| 2024 May | 11.13 |
| 2024 Apr | 10.77 |
| 2024 Mar | 10.52 |
| 2024 Feb | 10.32 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 7.7 | 2023 | percent |
| Exchange rate regimes | 5 | 2022 | index points |
| USD exchange rate | 129.3335 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 4,525.71 | 5/2024 | billion |
| Consumer Price Index (CPI) | 140.8100 | 11/2024 | index points |
| Inflation, monthly | 0.26 | 11/2024 | percent |
| Inflation, annual | 2.76 | 11/2024 | percent |
| Private sector credit | 3,776.10 | 8/2024 | billion |
| Business credit | 3,046.90 | 8/2024 | billion |
| Household credit | 569.40 | 8/2024 | billion |
| Mortgage credit | 143.60 | 8/2024 | billion |
| Consumer credit | 425.80 | 8/2024 | billion |
| Deposit interest rate | 11.24 | 9/2024 | percent |