Interest Rate on Bank Deposits (Local Currency) in Uganda

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 9.38% in 2018 in Uganda, according to the National Central Bank. This is 3.22% less than in the previous year.

Historically, interest rate on bank deposits in Uganda reached an all time high of 35.8% in 1992 and an all time low of 5.56% in 2002.

Uganda has been ranked 12th within the group of 107 countries we follow in terms of interest rate on bank deposits.

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