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Interest Rate on Bank Deposits (Local Currency) in Zimbabwe

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 8.06% in 2021 in Zimbabwe, according to the National Central Bank. This is 78.4% more than in the previous year.

Historically, interest rate on bank deposits in Zimbabwe reached an all time high of 203% in 2006 and an all time low of 2.53% in 2018.

Zimbabwe has been ranked 10th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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