Deposit interest rate (%) in Niger
Niger: Deposit interest rate (%) was 6.9% in 2016. ▼ Falling
Deposit interest rate in Niger, 2005–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2016, deposit interest rate in Niger stood at 6.9%. That is the lowest value across all 12 years on record.
The figure is down 1.0% on the previous year and down 11.5% over ten years.
Over the whole period, deposit interest rate in Niger peaked at 8.6% in 2009 and was at its lowest, 6.9%, in 2016.
That places Niger 34th out of 153 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Deposit interest rate (%) in Niger, 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% |
Niger compared with similar countries
- Niger's 6.9% is above the median for low income countries, which is 6.9%, 1.0× the median. (18 countries reporting)
- Niger's 6.9% is above the median for Sub-Saharan Africa, which is 5.7%, 1.2× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.0% | 7.6% | 8.6% | 5 |
| 2010s | 7.7% | 6.9% | 8.5% | 7 |
Countries ranked near Niger
- 31 South Africa 7.5% compare
- 32 Uruguay 7.3% compare
- 33 Sierra Leone 7.0% compare
- 34 Cote d'Ivoire 6.9% compare
- 34 Guinea-Bissau 6.9% compare
- 34 Mali 6.9% compare
- 34 Senegal 6.9% compare
- 34 Togo 6.9% compare
More financial sector data for Niger
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.24 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 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.9039 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.24 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 Niger?
- Deposit interest rate in Niger was 6.9% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Niger?
- The highest recorded value was 8.6% in 2009.
- What is the lowest deposit interest rate recorded in Niger?
- The lowest recorded value was 6.9% in 2016.
- How does Niger rank for deposit interest rate?
- Niger ranks 34th out of 153 countries with data for 2016.
- Is deposit interest rate rising or falling in Niger?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this Niger 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 — 12 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.