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Interest Rate on Bank Deposits (Local Currency) in Rwanda

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 8.05% in 2021 in Rwanda, according to the National Central Bank. This is 5.34% more than in the previous year.

Historically, interest rate on bank deposits in Rwanda reached an all time high of 11.0% in 1996 and an all time low of 2.00% in 1978.

Rwanda has been ranked 11th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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