Kenya - Deposit Rate 2020
6.97%
−0.54pp from 2019
Kenya's deposit rate was 6.97% in 2020, decreased +0.54pp from 7.51% in 2019. This was the 98th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Switzerland | -0.38% | -9.3% |
| 2nd | Bulgaria | 0.01% | -46.7% |
| 3rd | Hong Kong SAR, China | 0.06% | -57.8% |
| 4th | Micronesia, Federated States of | 0.07% | -77.4% |
| 5th | South Sudan | 0.08% | 26.1% |
| 6th | Barbados | 0.15% | 0.0% |
| 7th | Singapore | 0.18% | -7.2% |
| 8th | Macao SAR, China | 0.21% | -13.6% |
| 9th | Brunei Darussalam | 0.23% | -37.5% |
| 10th | Czechia | 0.30% | -21.9% |
| 11th | Montenegro | 0.40% | -12.1% |
| 12th | Albania | 0.42% | -15.7% |
| 13th | Bahamas, The | 0.45% | -23.1% |
| 14th | Hungary | 0.47% | 345.9% |
| 15th | Solomon Islands | 0.50% | 42.7% |
| 16th | Israel | 0.55% | -15.6% |
| 17th | Norway | 0.60% | -35.6% |
| 18th | Thailand | 0.62% | -56.1% |
| 19th | Vanuatu | 0.65% | -39.2% |
| 20th | Timor-Leste | 0.65% | 1.3% |
| 21st | San Marino | 0.77% | -23.8% |
| 22nd | Bosnia and Herzegovina | 0.80% | -12.8% |
| 23rd | Guyana | 0.85% | -3.6% |
| 24th | Chile | 0.86% | -66.2% |
| 25th | Cabo Verde | 0.88% | -39.7% |
| 26th | Papua New Guinea | 0.89% | 1.5% |
| 27th | Korea | 1.16% | -37.3% |
| 28th | Grenada | 1.17% | -12.8% |
| 29th | Aruba | 1.30% | -40.9% |
| 30th | Kyrgyz Republic | 1.37% | -11.4% |
| 31st | Mexico | 1.46% | -58.5% |
| 32nd | North Macedonia | 1.47% | -21.3% |
| 33rd | Cambodia | 1.49% | 3.7% |
| 34th | China | 1.50% | 0.0% |
| 35th | Trinidad and Tobago | 1.50% | 0.0% |
| 36th | Antigua and Barbuda | 1.51% | -3.9% |
| 37th | St. Lucia | 1.53% | 1.8% |
| 38th | Botswana | 1.56% | -2.2% |
| 39th | Kuwait | 1.62% | -14.1% |
| 40th | New Zealand | 1.68% | -44.1% |
| 41st | Mauritius | 1.72% | -54.1% |
| 42nd | St. Vincent and the Grenadines | 1.73% | -4.2% |
| 43rd | Comoros | 1.75% | 0.0% |
| 44th | Algeria | 1.75% | 0.0% |
| 45th | Dominica | 1.81% | 2.5% |
| 46th | Peru | 1.86% | -49.3% |
| 47th | Lesotho | 1.91% | 15.9% |
| 48th | Romania | 1.93% | 8.0% |
| 49th | Malaysia | 1.95% | -34.5% |
| 50th | Tonga | 2.07% | -9.4% |
| 51st | Nicaragua | 2.15% | -30.2% |
| 52nd | Belize | 2.18% | 11.7% |
| 53rd | Brazil | 2.20% | -59.6% |
| 54th | St. Kitts and Nevis | 2.22% | 10.7% |
| 55th | West Bank and Gaza | 2.43% | -14.8% |
| 56th | Jamaica | 2.46% | -3.6% |
| 57th | Eswatini | 2.47% | -33.1% |
| 58th | Qatar | 2.51% | -30.7% |
| 59th | Costa Rica | 2.58% | -44.3% |
| 60th | Samoa | 2.66% | -0.8% |
| 61st | Morocco | 2.87% | -4.8% |
| 62nd | Fiji | 2.89% | -38.1% |
| 63rd | São Tomé and Principe | 2.93% | -13.3% |
| 64th | Bhutan | 3.00% | 33.3% |
| 65th | Guinea | 3.33% | 1.2% |
| 66th | Paraguay | 3.37% | -2.1% |
| 67th | Colombia | 3.38% | -24.9% |
| 68th | Seychelles | 3.47% | -3.2% |
| 69th | Bolivia, Plurinational State of | 3.54% | 11.4% |
| 70th | Maldives | 3.72% | 7.1% |
| 71st | Russian Federation | 3.77% | -30.3% |
| 72nd | Moldova | 3.83% | -16.8% |
| 73rd | Oman | 4.03% | 4.1% |
| 74th | Jordan | 4.08% | -17.4% |
| 75th | Viet Nam | 4.12% | -17.2% |
| 76th | Namibia | 4.16% | -27.1% |
| 77th | Zimbabwe | 4.52% | 51.9% |
| 78th | Guatemala | 4.63% | -7.6% |
| 79th | Nigeria | 4.65% | -47.8% |
| 80th | Dominican Republic | 4.65% | -24.1% |
| 81st | Ecuador | 4.78% | 7.7% |
| 82nd | Uruguay | 4.79% | -5.4% |
| 83rd | South Africa | 4.88% | -30.4% |
| 84th | Benin | 5.10% | -4.1% |
| 85th | Burkina Faso | 5.10% | -4.1% |
| 86th | Haiti | 5.37% | -32.0% |
| 87th | Indonesia | 5.50% | -17.7% |
| 88th | Sierra Leone | 5.64% | -11.9% |
| 89th | Myanmar | 5.83% | -27.1% |
| 90th | Bangladesh | 6.07% | -10.4% |
| 91st | Ukraine | 6.09% | -52.8% |
| 92nd | Congo, Democratic Republic of | 6.20% | 13.3% |
| 93rd | Angola | 6.20% | -3.3% |
| 94th | Belarus | 6.61% | 1.5% |
| 95th | Tanzania | 6.68% | -5.9% |
| 96th | Mozambique | 6.79% | -25.1% |
| 97th | Gambia, The | 6.84% | -15.6% |
| 98th | Kenya | 6.97% | -7.2% |
| 99th | Pakistan | 7.47% | -18.1% |
| 100th | Rwanda | 7.64% | 0.0% |
| 101st | Egypt, Arab Republic of | 7.78% | -28.9% |
| 102nd | Suriname | 7.94% | -11.7% |
| 103rd | Armenia | 8.12% | -4.3% |
| 104th | Honduras | 8.13% | -3.4% |
| 105th | Azerbaijan | 8.69% | -10.4% |
| 106th | Zambia | 8.72% | 5.2% |
| 107th | Georgia | 10.22% | 17.4% |
| 108th | Mongolia | 10.26% | -6.4% |
| 109th | Ghana | 11.50% | 0.0% |
| 110th | Madagascar | 13.19% | 1.4% |
| 111th | Türkiye | 13.36% | -47.4% |
| 112th | Uzbekistan | 16.31% | 1.0% |
| 113th | Argentina | 29.32% | -38.0% |
FAQ
What was Kenya's deposit rate in 2020?▾
Kenya's deposit rate in 2020 was 6.97%. This ranked 98th globally.
How did Kenya's deposit rate change in 2020?▾
Kenya's deposit rate decreased by 7.2% in 2020 compared to 2019.
Which country had the highest deposit rate in 2020?▾
Argentina had the highest deposit rate in 2020 at 29.32%.
What is the deposit rate of Kenya in 2020?▾
The deposit rate of Kenya in 2020 was 6.97%. This ranked 98th globally.
How does 2020 compare to 2019 for Kenya's deposit rate?▾
Kenya's deposit rate went from 7.51% in 2019 to 6.97% in 2020, a 7.2% decrease.
Related
2019
2021
All years
Full ranking 2020
Lending Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1998
Lowest: 2004
Deposit Rate 1990s
Deposit Rate 2000s
Deposit Rate 2010s
Deposit Rate 2020s
Highest ever
Lowest ever
Average
vs Papua New Guinea
vs Mauritania
vs West Bank and Gaza
vs Kiribati
African Union Deposit Rate
Global Ranking