Interest rate on bank deposits fell 7.95% to 1.43% in Botswana in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Botswana reached an all time high of 13.5% in 1993 and an all time low of 1.43% in 2021.
Botswana has been ranked 66th within the group of 96 countries we follow in terms of interest rate on bank deposits, 6 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 |
| Angola | % | 3.31% | 5.54% | 6.34% | 6.88% | 6.42% | ||||||||||||||||
| Botswana | % | 2.50% | 2.12% | 1.44% | 1.52% | 1.59% | ||||||||||||||||
| Dem. Republic of the Congo | % | ... | ... | ... | ... | ... | ... | 3.66% | 3.38% | 4.19% | 4.87% | 5.48% | ||||||||||
| Lesotho | % | 2.33% | 1.11% | 1.22% | 1.39% | 1.65% | ||||||||||||||||
| Mozambique | % | 8.53% | 10.8% | 17.1% | 13.6% | 9.06% | ||||||||||||||||
| Namibia | % | 4.71% | 5.65% | 5.89% | 5.87% | 5.71% | ||||||||||||||||
| South Africa | % | 6.15% | 7.17% | 7.25% | 7.00% | 7.01% | ||||||||||||||||
| Swaziland | % | 2.27% | 2.94% | 3.20% | 3.76% | 3.69% | ||||||||||||||||
| Tanzania | % | 9.90% | 10.5% | 11.2% | 8.20% | 7.10% | ... | |||||||||||||||
| Zambia | % | 8.99% | 10.8% | 8.89% | 6.80% | 8.29% | ... | |||||||||||||||
| Zimbabwe | % | ... | ... | ... | ... | ... | ... | 6.70% | 4.09% | 3.27% | 2.53% | 2.98% |
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