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% |