Deposit interest rate | Zimbabwe – yearly data, chart and table
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Overview
The Deposit interest average annual rate of Zimbabwe in 2023 was 62.82%. The 2022 rate was 34.72%. It has been growing in this country for already 5 years in a row. The lowest deposit interest rate in Zimbabwe was recorded in 2018, with a value of 2.53%. The highest rate was in 2006, when it achieved 203.38%. 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).
Additional infomation:
About indicator
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.


