Interest rate on bank deposits fell 50.7% to 0.037% in South Sudan in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in South Sudan reached an all time high of 1.98% in 2012 and an all time low of 0.037% in 2021.
South Sudan has been ranked 93rd within the group of 96 countries we follow in terms of interest rate on bank deposits, 93 places below 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 |
Cameroon | % | 2.45% | 2.45% | 2.45% | 2.45% | ... | ... | ... | ||||||||||||||
Central African Republic | % | 2.45% | 2.45% | 2.45% | ... | ... | ... | ... | ||||||||||||||
Chad | % | 2.45% | 2.45% | 2.45% | ... | ... | ... | ... | ||||||||||||||
Dem. Republic of the Congo | % | ... | ... | ... | ... | ... | ... | 3.66% | 3.38% | 4.19% | 4.87% | 5.48% | ||||||||||
Egypt | % | 6.91% | 7.86% | 12.1% | 12.3% | 11.0% | ||||||||||||||||
Eritrea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Ethiopia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
Kenya | % | 9.19% | 8.69% | 7.67% | 8.29% | 7.51% | ||||||||||||||||
Rwanda | % | 8.24% | 7.91% | 7.72% | 7.51% | 7.64% | ||||||||||||||||
Somalia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
South Sudan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.20% | 1.02% | 0.712% | 0.184% | 0.060% | |||||
Sudan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Uganda | % | 12.8% | 13.2% | 9.70% | 9.38% | ... | ... | ... |