Deposit interest rate (%) in Burkina Faso
Burkina Faso: Deposit interest rate (%) was 5.3% in 2021. ▼ Falling
Deposit interest rate in Burkina Faso, 2005–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Burkina Faso is 5.3%, measured in 2021.
That represents a change of up 4.0% on the previous year and down 37.7% over ten years.
Over the whole period, deposit interest rate in Burkina Faso peaked at 8.6% in 2009 and was at its lowest, 5.1%, in 2020.
That places Burkina Faso 55th out of 153 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Deposit interest rate (%) in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 7.6% | — |
| 2006 | 7.8% | +2.8% |
| 2007 | 7.8% | -0.1% |
| 2008 | 8.1% | +4.0% |
| 2009 | 8.6% | +5.6% |
| 2010 | 8.4% | -2.2% |
| 2011 | 8.5% | +1.4% |
| 2012 | 8.0% | -6.0% |
| 2013 | 7.7% | -4.2% |
| 2014 | 7.3% | -5.2% |
| 2015 | 7.0% | -3.6% |
| 2016 | 6.9% | -1.0% |
| 2017 | 5.6% | -19.4% |
| 2018 | 5.4% | -3.4% |
| 2019 | 5.3% | -1.5% |
| 2020 | 5.1% | -4.1% |
| 2021 | 5.3% | +4.0% |
Burkina Faso compared with similar countries
- Burkina Faso's 5.3% is below the median for low income countries, which is 6.9%, 77% of the median. (18 countries reporting)
- Burkina Faso's 5.3% is below the median for Sub-Saharan Africa, which is 5.7%, 93% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.0% | 7.6% | 8.6% | 5 |
| 2010s | 7.0% | 5.3% | 8.5% | 10 |
| 2020s | 5.2% | 5.1% | 5.3% | 2 |
Countries ranked near Burkina Faso
More financial sector data for Burkina Faso
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.34 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9818 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.34 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit interest rate in Burkina Faso?
- Deposit interest rate in Burkina Faso was 5.3% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Burkina Faso?
- The highest recorded value was 8.6% in 2009.
- What is the lowest deposit interest rate recorded in Burkina Faso?
- The lowest recorded value was 5.1% in 2020.
- How does Burkina Faso rank for deposit interest rate?
- Burkina Faso ranks 55th out of 153 countries with data for 2021.
- Is deposit interest rate rising or falling in Burkina Faso?
- Over the last ten years it is down 37.7%. The long-run trend across the full record is falling.
- Where does this Burkina Faso data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.