Interest Spread rose to 10.8% in Mozambique in 2017

Interest Spread (%)
Banking | Mozambique | May 17, 2019
$2.99
Excel Sheet

Interest spread, which is the difference between interest rate on loans and deposits reached 4.53 % in 1997 in Mozambique, according to the National Central Bank. This is 57.9 % less than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Mozambique reached an all time high of 16.1 % in 1998 and an all time low of 4.53 % in 1997. When compared to Mozambique's main peers, interest spread, which is the difference between interest rate on loans and deposits in Malawi amounted to 18.0 %, 4.63 % in South Africa, 18.4 % in Tanzania and 12.2 % in Zambia in 1997.

Mozambique has been ranked 92nd within the group of 132 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

Interest Spread (Difference Between Interest Rate on Loans and Deposits) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 12.4% 13.1% 12.7% 12.9% 13.6%
Botswana % 5.85% 7.39% 7.08% 6.47% 5.45%
Dem. Republic of the Congo % 30.4% 20.7% 14.7% 14.7% 15.7%
Kenya % 9.42% 8.15% 8.67% 8.14% 6.90%
Lesotho % 7.73% 7.27% 7.07% 7.61% 8.24%
Malawi % 19.6% 21.3% 27.6% 31.1% 32.8% ...
Mozambique % 6.12% 5.38% 6.53% 6.22% 6.33%
Namibia % 4.45% 4.44% 4.31% 4.45% 4.61%
South Africa % 3.33% 3.31% 3.35% 3.32% 3.26%
Swaziland % 6.15% 6.29% 6.42% 6.49% 6.77%
Tanzania % 8.19% 6.01% 5.89% 6.43% 6.21%
Uganda % 8.49% 9.35% 11.2% 10.8% 9.83%
Zambia % 11.8% 5.15% 3.03% 3.70% 4.26%
Zimbabwe % ... ... ... ... ... ... 1.84%