Deposit interest rate | Zambia – yearly data, chart and table

The Deposit interest average annual rate of Zambia in 2020 was 8.72%. The 2019 rate was  8.29%. It has been growing in this country for already 2 years in a row. The lowest deposit interest rate in Zambia was recorded in 1982, with a value of  6.00%. The highest rate was in 1993, when it achieved 88.13%. The deposit interest rate is the rate paid by banks or other financial institutions to individuals or businesses for keeping money in a deposit account (such as a savings account, fixed-term deposit, or certificate of deposit).