Niger Deposit Rate
Deposit interest rate FR.INR.DPST
Niger's deposit rate was 6.49% in 2017, ranked 108th globally. This represents a 6.3% decrease from 2016. Data from World Bank, covering 2005–2017.
Overview
Niger's deposit rate stood at 6.49% in 2017, a decline of +0.44pp from 2016. Niger ranked 108th globally.
Niger's deposit rate has exhibited a downward trend, with the rate falling to 6.49% in 2017, ranking the country 108th globally. This decline is evident when comparing the 2017 rate to the 2005 figure of 7.61%. The rate peaked at 8.58% in 2009, suggesting a reversal of fortunes in the subsequent years. Notably, Niger is tied with several peer countries, including Mali, Senegal, Guinea-Bissau, and Togo, which also achieved the same deposit rate in 2017. The stagnation of deposit rates in Niger in recent years may be attributed to a myriad of factors, including economic instability and a lack of investment opportunities. The country's deposit rate is likely to remain stable in the near future, as economic conditions in the region continue to evolve. Any significant improvement in Niger's macroeconomic environment, such as increased investment or improved infrastructure, could potentially lead to an uptick in deposit rates.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 6.49% | −0.44pp | #108 |
| 2016 | 6.93% | −0.07pp | #107 |
| 2015 | 7.00% | −0.26pp | #110 |
| 2014 | 7.26% | −0.40pp | #110 |
| 2013 | 7.65% | −0.34pp | #113 |
| 2012 | 7.99% | −0.51pp | #111 |
| 2011 | 8.50% | +0.11pp | #114 |
| 2010 | 8.39% | −0.19pp | #113 |
| 2009 | 8.58% | +0.46pp | #104 |
| 2008 | 8.12% | +0.31pp | #97 |
| 2007 | 7.81% | −0.01pp | #98 |
| 2006 | 7.82% | +0.21pp | #102 |
| 2005 | 7.61% | – | #100 |
Detected Pattern
Analysis
Niger 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
Niger's deposit rate was 6.49% in 2017. Ranked 108th globally. This represents a 6.3% decrease from the previous year.
Niger's deposit rate peaked at 8.58% in 2009.
The lowest deposit rate in Niger was 6.49% in 2017.
Niger ranks 108th globally in deposit rate as of 2017.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Niger in 2017 was 6.49%. This ranks 108th in the world.
Cite this page
@misc{historysaid_niger_deposit-rate,
title = {Niger Deposit Rate},
url = {https://historysaid.com/niger/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}