Rwanda: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 9.71 percent as of January 2024, a decline compared to the previous value of 10.41 percent. Historically, the average for Rwanda from January 2010 to January 2024 is 8.12 percent. The minimum of 6.12 percent was recorded in August 2010, while the maximum of 11.8 percent was reached in January 2013.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Institute of Statistics of Rwanda
| Recent values | Rwanda: Bank deposit interest rate, percent |
|---|---|
| 2024 Jan | 9.71 |
| 2023 Dec | 10.41 |
| 2023 Nov | 9.04 |
| 2023 Oct | 10.7 |
| 2023 Sep | 9.46 |
| 2023 Aug | 9.8 |
| 2023 Jul | 9.47 |
| 2023 Jun | 9.64 |
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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 | 19.8 | 2023 | percent |
| Exchange rate regimes | 5 | 2021 | index points |
| USD exchange rate | 1,203.9504 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 3,997.81 | 9/2023 | billion |
| Consumer Price Index (CPI) | 200.3000 | 9/2023 | index points |
| Inflation, monthly | 4.05 | 9/2023 | percent |
| Inflation, annual | 18.45 | 9/2023 | percent |
| Deposit interest rate | 9.46 | 9/2023 | percent |