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Data

InflationHousing
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South Africa

Bank Deposit Interest Rate

6.69
percent
Source: IMF

Global Ranking

30
Ethiopia7.69
31
Mongolia7.54
32
Zambia6.96
33
Kenya6.82
34
Burundi6.79
35
South Africa6.69
36
Uruguay6.62
37
Nigeria6.53
38
Poland6.25
39
Niger6.13
40
Czech Republic6.1

Africa Ranking

8
Mozambique7.94
9
Ethiopia7.69
10
Zambia6.96
11
Kenya6.82
12
Burundi6.79
13
South Africa6.69
14
Nigeria6.53
15
Niger6.13
16
Burkina Faso5.66
17
Togo5.65
18
Mali5.18

Definition of Bank Deposit Interest Rate

The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

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