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 152 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% |
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
- Net domestic credit (current LCU), annual growth rate 2.61 % change on previous year (2025)
- Net domestic credit (current LCU), per unit of GDP 184.07 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), per capita 211,230 current LCU per person (2025)
- Net foreign assets (current LCU), annual growth rate 49.61 % change on previous year (2025)
- Net foreign assets (current LCU), per unit of GDP 112.28 current LCU per US$ of GDP (2025)
- Net foreign assets (current LCU), per capita 128,854 current LCU per person (2025)
- Net migration, annual growth rate -5.13 % change on previous year (2025)
- Net migration -27,130 (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Domestic credit to private sector 22.7% (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 152 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.
Download this data
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.