Burkina Faso Deposit Rate
Deposit interest rate FR.INR.DPST
Burkina Faso's deposit rate was 5.30% in 2021, ranked 89th globally. This represents a 4.0% increase from 2020. Data from World Bank, covering 2005–2021.
Overview
Burkina Faso's deposit rate stood at 5.30% in 2021, a rise of +0.21pp from 2020. Burkina Faso ranked 89th globally.
Burkina Faso's deposit rate has experienced fluctuations over the past 17 years, with the latest value standing at 5.30% in 2021. The deposit rate peaked at 8.58% in 2009, a year that saw significant economic growth in the country. Conversely, the rate hit a trough of 5.09% in 2020, a year marred by the COVID-19 pandemic. This trend is comparable to that of its peer countries, such as Benin, which also reported a deposit rate of 5.30% in 2021. In comparison, other peer countries like Sierra Leone reported a slightly higher rate of 5.37%, while Bangladesh reported a lower rate of 5.04%. The deposit rate has been steadily decreasing since 2009, a trend that may be influenced by the country's efforts to stimulate economic activity. A potential shift in monetary policy or changes in global interest rates could alter the trajectory of Burkina Faso's deposit rate in the future.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 5.30% | +0.21pp | #89 |
| 2020 | 5.10% | −0.22pp | #85 |
| 2019 | 5.31% | −0.08pp | #82 |
| 2018 | 5.39% | −0.19pp | #87 |
| 2017 | 5.58% | −1.34pp | #95 |
| 2016 | 6.93% | −0.07pp | #103 |
| 2015 | 7.00% | −0.26pp | #106 |
| 2014 | 7.26% | −0.40pp | #106 |
| 2013 | 7.65% | −0.34pp | #109 |
| 2012 | 7.99% | −0.51pp | #107 |
| 2011 | 8.50% | +0.11pp | #110 |
| 2010 | 8.39% | −0.19pp | #109 |
| 2009 | 8.58% | +0.46pp | #100 |
| 2008 | 8.12% | +0.31pp | #93 |
| 2007 | 7.81% | −0.01pp | #94 |
Detected Pattern
Analysis
Burkina Faso matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Burkina Faso's deposit rate was 5.30% in 2021. Ranked 89th globally. This represents a 4.0% increase from the previous year.
Burkina Faso's deposit rate peaked at 8.58% in 2009.
The lowest deposit rate in Burkina Faso was 5.10% in 2020.
Burkina Faso ranks 89th globally in deposit rate as of 2021.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Burkina Faso in 2021 was 5.30%. This ranks 89th in the world.
Cite this page
@misc{historysaid_burkina-faso_deposit-rate,
title = {Burkina Faso Deposit Rate},
url = {https://historysaid.com/burkina-faso/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}