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Interest Rate on Bank Deposits (Local Currency) in Benin

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 5.30% in 2021 in Benin, according to the National Central Bank. This is 4.02% more than in the previous year.

Historically, interest rate on bank deposits in Benin reached an all time high of 8.58% in 2009 and an all time low of 3.00% in 1970.

Benin has been ranked 22nd within the group of 96 countries we follow in terms of interest rate on bank deposits.

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