Interest rate on bank deposits reached 14.5 % in 1991 in Kenya, according to the National Central Bank. This is 7.76 % less than in the previous year.
Historically, interest rate on bank deposits in Kenya reached an all time high of 18.4 % in 1998 and an all time low of 2.43 % in 2004.
Kenya has been ranked 39th within the group of 116 countries we follow in terms of interest rate on bank deposits, 6 places above the position seen 10 years ago.
The deposit interest rate is the rate paid by commercial or similar banks for deposits.
| Interest Rate on Bank Deposits (Local Currency) | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| Dem. Republic of the Congo | % | 13.4% | 7.72% | 4.71% | 4.01% | 3.66% | ||||
| Djibouti | % | 1.78% | 2.34% | 2.03% | 1.24% | 1.06% | ||||
| Eritrea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Ethiopia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Kenya | % | 5.63% | 11.6% | 8.64% | 8.37% | 9.19% | ||||
| Mozambique | % | 13.0% | 11.4% | 8.80% | 8.58% | 8.53% | ||||
| Rwanda | % | 7.75% | 8.85% | 9.92% | 8.24% | 8.24% | ||||
| Somalia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| South Sudan | % | ... | ... | ... | 1.98% | 1.36% | 1.39% | 1.20% | ||
| Sudan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Tanzania | % | 6.78% | 9.55% | 9.97% | 9.86% | 9.90% | ||||
| Uganda | % | 13.3% | 16.8% | 12.1% | 10.8% | 12.8% | ||||
| Yemen | % | 20.0% | 19.5% | 15.3% | ... | ... | ... | ... | ||
| Zambia | % | 7.02% | 7.00% | 6.49% | 7.88% | 8.99% |
Helgi Analytics 
