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Interest Rate on Bank Deposits (Local Currency) fell 0.075% to 3.33% in Guinea in 2021

Interest Rate on Bank Deposits (Local Currency) (%), 2021
Banking | Guinea | February 2, 2023
$2.99
Excel Sheet

Interest rate on bank deposits fell 0.075% to 3.33% in Guinea in 2021, according to the National Central Bank.

Historically, interest rate on bank deposits in Guinea reached an all time high of 23.0% in 1992 and an all time low of 3.11% in 2018.

Guinea has been ranked 42nd within the group of 96 countries we follow in terms of interest rate on bank deposits, 23 places above the position seen 10 years ago.

Interest Rate on Bank Deposits (Local Currency) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Algeria % 1.75% 1.75% 1.75% 1.75% 1.75%
Burkina Faso % 7.00% 6.93% 5.58% 5.39% 5.31%
Gambia % ... ... 15.8% 9.00% 8.11%
Ghana % 13.3% 13.0% 14.1% 12.1% 11.5%
Guinea % 3.91% 3.84% 3.82% 3.11% 3.29%
Ivory Coast % 7.00% 6.93% 6.49% ... ... ... ...
Liberia % 4.05% 3.85% 5.03% ... ... ... ...
Mali % 7.00% 6.93% 6.49% ... ... ... ...
Mauritania % 4.66% 5.33% 5.67% ... ... ... ...
Niger % 7.00% 6.93% 6.49% ... ... ... ...
Senegal % 7.00% 6.93% 6.49% ... ... ... ...
Sierra Leone % 4.49% 5.36% 5.53% 6.08% 6.40%