Deposit Rate, Percent per annum in Botswana
Botswana: Deposit Rate, Percent per annum was 2.35 in 2024. ◆ Volatile
Deposit Rate, Percent per annum in Botswana, 1980–2024
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, percent per annum in Botswana is 2.35, measured in 2024.
Compared with earlier readings it is down 20.3% on the previous year and down 7.2% over ten years.
Over the whole period, deposit rate, percent per annum in Botswana peaked at 13.49 in 1993 and was at its lowest, 1.43, in 2021.
That places Botswana 96th out of 143 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Botswana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 5 | — |
| 1981 | 8.67 | +73.3% |
| 1982 | 10.75 | +24.0% |
| 1983 | 11.88 | +10.5% |
| 1984 | 10 | -15.8% |
| 1985 | 9 | -10.0% |
| 1986 | 8.67 | -3.7% |
| 1987 | 7.5 | -13.5% |
| 1988 | 5 | -33.3% |
| 1989 | 5.58 | +11.7% |
| 1990 | 6.11 | +9.5% |
| 1991 | 11.4 | +86.4% |
| 1992 | 12.5 | +9.6% |
| 1993 | 13.49 | +7.9% |
| 1994 | 10.59 | -21.5% |
| 1995 | 9.79 | -7.6% |
| 1996 | 9.68 | -1.1% |
| 1997 | 9.51 | -1.7% |
| 1998 | 8.43 | -11.4% |
| 1999 | 9.1 | +7.9% |
| 2000 | 9.42 | +3.5% |
| 2001 | 10.09 | +7.1% |
| 2002 | 10.45 | +3.6% |
| 2003 | 9.95 | -4.9% |
| 2004 | 9.85 | -0.9% |
| 2005 | 9.25 | -6.1% |
| 2006 | 8.87 | -4.1% |
| 2007 | 8.62 | -2.8% |
| 2008 | 8.67 | +0.6% |
| 2009 | 7.47 | -13.9% |
| 2010 | 5.6 | -25.1% |
| 2011 | 5.15 | -8.0% |
| 2012 | 3.61 | -29.9% |
| 2013 | 3.11 | -13.8% |
| 2014 | 2.53 | -18.5% |
| 2015 | 2.5 | -1.3% |
| 2016 | 2.12 | -15.2% |
| 2017 | 1.44 | -32.0% |
| 2018 | 1.52 | +5.3% |
| 2019 | 1.59 | +4.8% |
| 2020 | 1.56 | -2.2% |
| 2021 | 1.43 | -8.0% |
| 2022 | 1.49 | +4.1% |
| 2023 | 2.95 | +97.6% |
| 2024 | 2.35 | -20.3% |
Botswana compared with similar countries
- Botswana's 2.35 is below the median for upper middle income countries, which is 4.31, 55% of the median. (48 countries reporting)
- Botswana's 2.35 is below the median for Sub-Saharan Africa, which is 5.67, 41% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Deposit Rate, Percent per annum in Botswana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +97.6% | 1.49 | 2.95 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.2 | 5 | 11.88 | 10 |
| 1990s | 10.06 | 6.11 | 13.49 | 10 |
| 2000s | 9.26 | 7.47 | 10.45 | 10 |
| 2010s | 2.92 | 1.44 | 5.6 | 10 |
| 2020s | 1.96 | 1.43 | 2.95 | 5 |
Countries ranked near Botswana
- 93 Netherlands 2.44 compare
- 94 Malaysia 2.42 compare
- 95 Sao Tome and Principe 2.37 compare
- 97 Anguilla 2.28 compare
- 98 Nicaragua 2.27 compare
- 99 West Bank and Gaza 2.24 compare
More financial sector data for Botswana
- Reserve position in the IMF, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 26.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.0848 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 19.45 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 26.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.0848 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Botswana?
- Deposit rate, percent per annum in Botswana was 2.35 in 2024, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Botswana?
- The highest recorded value was 13.49 in 1993.
- What is the lowest deposit rate, percent per annum recorded in Botswana?
- The lowest recorded value was 1.43 in 2021.
- How does Botswana rank for deposit rate, percent per annum?
- Botswana ranks 96th out of 143 countries with data for 2024.
- Is deposit rate, percent per annum rising or falling in Botswana?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.