Botswana Deposit Rate
Deposit interest rate FR.INR.DPST
Botswana's deposit rate was 2.89% in 2025, ranked 54th globally. This represents a 22.8% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Botswana's deposit rate stood at 2.89% in 2025, a rise of +0.54pp from 2024. Based on recent trends, this figure is projected to reach 2.89% by 2025. Botswana ranked 54th globally.
Botswana’s deposit rate has fallen sharply from an all‑time peak of 13.49% in 1993 to a trough of 1.43% in 2021, before rising modestly to 2.89% in 2025, placing the country 54th globally. The 46‑year series shows a long‑term downward trajectory, mirroring the liberalisation of monetary policy and the decline of inflationary pressures that characterised the post‑boom era of the 1990s. The 2025 rate is identical to Malaysia’s 2.89% and only marginally above Peru’s 2.87%, indicating that Botswana now sits alongside other emerging economies with similarly low returns on bank deposits. The modest rebound from the 2021 trough reflects a tightening of policy rates as the Reserve Bank of Botswana responded to higher global interest rates and a recovering domestic credit market. If inflation remains subdued and external financing conditions stay favourable, the deposit rate is likely to remain within the low‑single‑digit band, with any further rise contingent on a shift in monetary stance or a surge in capital inflows.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.51% | - | - |
| 2026* trend | 3.20% | - | - |
| 2025* trend | 2.89% | - | - |
| 2025 | 2.89% | +0.54pp | #54 |
| 2024 | 2.35% | −0.60pp | #34 |
| 2023 | 2.95% | +1.46pp | #45 |
| 2022 | 1.49% | +0.06pp | #30 |
| 2021 | 1.43% | −0.12pp | #38 |
| 2020 | 1.56% | −0.04pp | #38 |
| 2019 | 1.59% | +0.07pp | #34 |
| 2018 | 1.52% | +0.08pp | #34 |
| 2017 | 1.44% | −0.68pp | #32 |
| 2016 | 2.12% | −0.38pp | #50 |
| 2015 | 2.50% | −0.03pp | #64 |
| 2014 | 2.53% | −0.58pp | #48 |
| 2013 | 3.11% | −0.50pp | #57 |
| 2012 | 3.61% | −1.54pp | #64 |
| 2011 | 5.15% | −0.45pp | #80 |
Detected Pattern
Analysis
Botswana matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Botswana's deposit rate was 2.89% in 2025. Ranked 54th globally. This represents a 22.8% increase from the previous year.
Botswana's deposit rate peaked at 13.49% in 1993.
The lowest deposit rate in Botswana was 1.43% in 2021.
Botswana ranks 54th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Botswana's deposit rate is projected to reach 2.89% by 2025 based on trend extrapolation.
The deposit rate of Botswana in 2025 was 2.89%. This ranks 54th in the world.
Cite this page
@misc{historysaid_botswana_deposit-rate,
title = {Botswana Deposit Rate},
url = {https://historysaid.com/botswana/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}