Senegal vs South Africa: Deposit interest rate
Senegal
6.9%
in 2016
South Africa
7.4%
in 2025
Senegal rank
33rd
South Africa rank
30th
Deposit interest rate over time
- Senegal
- South Africa
How they compare
South Africa currently reports 7.4% against 6.9% in Senegal, a difference of 0.5%.
That makes South Africa's figure about 1.1 times Senegal's.
The two have swapped places 3 times across 12 shared years of data; in 2005 it was Senegal ahead.
Senegal ranks 33rd and South Africa ranks 30th of 153 countries.
Across the 2 decades both report, Senegal averaged higher in 1 and South Africa in 1.
Head to head by decade
| Decade | Senegal | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.0% | 8.5% | 0.5% | South Africa |
| 2010s | 7.7% | 6.0% | 1.7% | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Senegal or South Africa?
- South Africa, at 7.4% against 6.9% in Senegal as of 2025.
- What is the difference in deposit interest rate between Senegal and South Africa?
- 0.5%, with South Africa ahead.
- How many years of comparable data are there for Senegal and South Africa?
- 12 years are reported by both, from 2005 to 2016.
- How do Senegal and South Africa rank globally for deposit interest rate?
- Senegal ranks 33rd and South Africa ranks 30th of 153 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. This indicator is expressed as a percentage (a÷b)*100.