Interest rate on bank deposits reached 8.72% in 2020 in Zambia, according to the National Central Bank. This is 5.19% more than in the previous year.
Historically, interest rate on bank deposits in Zambia reached an all time high of 88.1% in 1993 and an all time low of 3.50% in 1971.
Zambia has been ranked 8th within the group of 99 countries we follow in terms of interest rate on bank deposits.
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