Deposit interest rate in Central African Republic
Central African Republic: Deposit interest rate was 2.5% in 2016. ▼ Falling
Deposit interest rate in Central African Republic, 1979–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Central African Republic is 2.5%, measured in 2016. That is the lowest value across all 38 years on record.
Compared with earlier readings it is down 43.5% over ten years.
Over the whole period, deposit interest rate in Central African Republic peaked at 8.1% in 1994 and was at its lowest, 2.5%, in 2015.
Central African Republic ranks 95th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 4.0% | 4.0% | 1 |
| 1980s | 7.2% | 5.5% | 7.5% | 10 |
| 1990s | 6.4% | 5.0% | 8.1% | 10 |
| 2000s | 4.5% | 3.2% | 5.0% | 10 |
| 2010s | 2.9% | 2.5% | 3.2% | 7 |
Countries ranked near Central African Republic
More financial sector data for Central African Republic
- Net domestic credit (current LCU), per capita 67,487 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 174.31 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 2.88 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2022)
- Gold reserves at market value 0 SDR (2022)
- Reserves excluding gold, foreign exchange 373.67 million SDR (2024)
- Reserves excluding gold 375.18 million SDR (2024)
- Total reserves (gold at market value) 375.18 million SDR (2024)
- Total reserves (gold at national valuation) 397.53 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 74.57 SDR per person (2024)
Frequently asked questions
- What is deposit interest rate in Central African Republic?
- Deposit interest rate in Central African Republic was 2.5% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Central African Republic?
- The highest recorded value was 8.1% in 1994.
- What is the lowest deposit interest rate recorded in Central African Republic?
- The lowest recorded value was 2.5% in 2015.
- How does Central African Republic rank for deposit interest rate?
- Central African Republic ranks 95th out of 152 countries with data for 2016.
- Is deposit interest rate rising or falling in Central African Republic?
- Over the last ten years it is down 43.5%. The long-run trend across the full record is falling.
- Where does this Central African Republic 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 — 38 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.