Deposit interest rate in Sao Tome and Principe
Sao Tome and Principe: Deposit interest rate was 2.6% in 2024. ◆ Volatile
Deposit interest rate in Sao Tome and Principe, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Sao Tome and Principe recorded 2.6% for deposit interest rate in 2024.
Compared with earlier readings it is up 14.0% on the previous year and down 70.7% over ten years.
Over the whole period, deposit interest rate in Sao Tome and Principe peaked at 15.0% in 2001 and was at its lowest, 2.3%, in 2023.
Sao Tome and Principe ranks 90th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate in Sao Tome and Principe, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 15.0% | — |
| 2002 | 15.0% | +0.0% |
| 2003 | 9.5% | -36.7% |
| 2004 | 11.5% | +21.1% |
| 2005 | 12.2% | +6.5% |
| 2006 | 10.8% | -12.2% |
| 2007 | 12.8% | +18.6% |
| 2008 | 12.8% | +0.0% |
| 2009 | 11.9% | -6.5% |
| 2010 | 11.1% | -6.8% |
| 2011 | 12.4% | +11.2% |
| 2012 | 12.9% | +4.3% |
| 2013 | 12.6% | -2.3% |
| 2014 | 8.9% | -29.2% |
| 2015 | 6.9% | -22.7% |
| 2016 | 4.1% | -40.1% |
| 2017 | 4.2% | +0.9% |
| 2018 | 3.8% | -9.0% |
| 2019 | 3.4% | -10.9% |
| 2020 | 2.9% | -13.3% |
| 2021 | 2.4% | -18.9% |
| 2022 | 2.5% | +4.6% |
| 2023 | 2.3% | -7.9% |
| 2024 | 2.6% | +14.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 9.5% | 15.0% | 9 |
| 2010s | 8.0% | 3.4% | 12.9% | 10 |
| 2020s | 2.5% | 2.3% | 2.9% | 5 |
Countries ranked near Sao Tome and Principe
More financial sector data for Sao Tome and Principe
- Net domestic credit (current LCU), per capita 11,539 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 3.86 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate -9.07 % change on previous year (2023)
- Reserves excluding gold, foreign exchange 42.26 million SDR (2024)
- Reserves excluding gold 45.08 million SDR (2024)
- Total reserves (gold at market value) 45.08 million SDR (2024)
- Total reserves (gold at national valuation) 45.08 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 191.38 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 30.77 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 191.38 SDR per person (2024)
Frequently asked questions
- What is deposit interest rate in Sao Tome and Principe?
- Deposit interest rate in Sao Tome and Principe was 2.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Sao Tome and Principe?
- The highest recorded value was 15.0% in 2001.
- What is the lowest deposit interest rate recorded in Sao Tome and Principe?
- The lowest recorded value was 2.3% in 2023.
- How does Sao Tome and Principe rank for deposit interest rate?
- Sao Tome and Principe ranks 90th out of 152 countries with data for 2024.
- Is deposit interest rate rising or falling in Sao Tome and Principe?
- Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
- Where does this Sao Tome and Principe 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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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.