Deposit Rate, Percent per annum in Niger
Niger: Deposit Rate, Percent per annum was 6.92 in 2016. ▼ Falling
Deposit Rate, Percent per annum in Niger, 2005–2016
Source: International Monetary Fund.
Analysis
Niger recorded 6.92 for deposit rate, percent per annum in 2016. That is the lowest value across all 12 years on record.
That represents a change of down 1.0% on the previous year and down 11.5% over ten years.
Over the whole period, deposit rate, percent per annum in Niger peaked at 8.58 in 2009 and was at its lowest, 6.92, in 2016.
That places Niger 30th out of 143 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 Rate, Percent per annum in Niger, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.61 | — |
| 2006 | 7.82 | +2.8% |
| 2007 | 7.81 | -0.1% |
| 2008 | 8.12 | +4.0% |
| 2009 | 8.58 | +5.6% |
| 2010 | 8.39 | -2.2% |
| 2011 | 8.5 | +1.4% |
| 2012 | 7.99 | -6.0% |
| 2013 | 7.65 | -4.2% |
| 2014 | 7.26 | -5.2% |
| 2015 | 7 | -3.6% |
| 2016 | 6.92 | -1.0% |
Niger compared with similar countries
- Niger's 6.92 is above the median for low income countries, which is 6.5, 1.1× the median. (17 countries reporting)
- Niger's 6.92 is above the median for Sub-Saharan Africa, which is 5.67, 1.2× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.99 | 7.61 | 8.58 | 5 |
| 2010s | 7.67 | 6.92 | 8.5 | 7 |
Countries ranked near Niger
- 27 South Africa 7.43 compare
- 28 Uruguay 7.3 compare
- 29 Sierra Leone 7.04 compare
- 30 Cote d'Ivoire 6.92 compare
- 30 Guinea-Bissau 6.92 compare
- 30 Mali 6.92 compare
- 30 Senegal 6.92 compare
- 30 Togo 6.92 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 rate, percent per annum in Niger?
- Deposit rate, percent per annum in Niger was 6.92 in 2016, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Niger?
- The highest recorded value was 8.58 in 2009.
- What is the lowest deposit rate, percent per annum recorded in Niger?
- The lowest recorded value was 6.92 in 2016.
- How does Niger rank for deposit rate, percent per annum?
- Niger ranks 30th out of 143 countries with data for 2016.
- Is deposit rate, percent per annum 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 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.