Interest Rate on Bank Deposits (Local Currency) in Zambia

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 8.75% in third quarter of 2015 in Zambia, according to the National Central Bank. This is 3.85% less than in the previous quarter.

Historically, interest rate on bank deposits in Zambia reached an all time high of 105% in 3Q1993 and an all time low of 6.23% in 3Q2013.

Zambia has been ranked 17th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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