Deposit Rate, Percent per annum in West African Economic and Monetary Union (WAEMU)
West African Economic and Monetary Union (WAEMU): Deposit Rate, Percent per annum was 6.92 in 2016. ▼ Falling
Deposit Rate, Percent per annum in West African Economic and Monetary Union (WAEMU), 2005–2016
Source: International Monetary Fund.
Analysis
West African Economic and Monetary Union (WAEMU) recorded 6.92 for deposit rate, percent per annum in 2016. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 1.0% on the previous year and down 11.5% over ten years.
Over the whole period, deposit rate, percent per annum in West African Economic and Monetary Union (WAEMU) peaked at 8.58 in 2009 and was at its lowest, 6.92, in 2016.
The long-run direction has been consistently falling across the 12 years of available data.
Deposit Rate, Percent per annum in West African Economic and Monetary Union (WAEMU), 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% |
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 West African Economic and Monetary Union (WAEMU)
More financial sector data for West African Economic and Monetary Union (WAEMU)
- Gold reserves at market value 2.35 billion SDR (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 37.45 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 37.83 % change on previous year (2024)
- Reserves excluding gold 13.34 billion SDR (2024)
- Reserves excluding gold, foreign exchange 10.38 billion SDR (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 37.45 % change on previous year (2024)
- Reserves excluding gold (SDR), annual growth rate 38.82 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 43.37 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 37.83 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 41.10 million SDR (2024)
All data for West African Economic and Monetary Union (WAEMU) →
Frequently asked questions
- What is deposit rate, percent per annum in West African Economic and Monetary Union (WAEMU)?
- Deposit rate, percent per annum in West African Economic and Monetary Union (WAEMU) was 6.92 in 2016, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in West African Economic and Monetary Union (WAEMU)?
- The highest recorded value was 8.58 in 2009.
- What is the lowest deposit rate, percent per annum recorded in West African Economic and Monetary Union (WAEMU)?
- The lowest recorded value was 6.92 in 2016.
- How does West African Economic and Monetary Union (WAEMU) rank for deposit rate, percent per annum?
- West African Economic and Monetary Union (WAEMU) ranks 1st out of 2 groups with data for 2016.
- Is deposit rate, percent per annum rising or falling in West African Economic and Monetary Union (WAEMU)?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this West African Economic and Monetary Union (WAEMU) 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.
Download this data
CSV · JSON — 12 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.