Deposit Rate, Percent per annum in Zambia
Zambia: Deposit Rate, Percent per annum was 8.72 in 2020. ◆ Volatile
Deposit Rate, Percent per annum in Zambia, 1978–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, percent per annum in Zambia is 8.72, measured in 2020.
That represents a change of up 5.2% on the previous year and up 17.8% over ten years.
Over the whole period, deposit rate, percent per annum in Zambia peaked at 88.13 in 1993 and was at its lowest, 6, in 1982.
That places Zambia 21st out of 143 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 6.25 | — |
| 1979 | 6.75 | +8.0% |
| 1980 | 7 | +3.7% |
| 1981 | 6.17 | -11.9% |
| 1982 | 6 | -2.7% |
| 1983 | 7 | +16.7% |
| 1984 | 7.71 | +10.1% |
| 1985 | 15.33 | +98.9% |
| 1986 | 17.74 | +15.7% |
| 1987 | 13.23 | -25.4% |
| 1988 | 11.44 | -13.6% |
| 1989 | 11.44 | +0.0% |
| 1990 | 25.65 | +124.3% |
| 1991 | 31.5 | +22.8% |
| 1992 | 48.5 | +54.0% |
| 1993 | 88.13 | +81.7% |
| 1994 | 46.14 | -47.6% |
| 1995 | 30.24 | -34.5% |
| 1996 | 42.12 | +39.3% |
| 1997 | 34.48 | -18.2% |
| 1998 | 13.08 | -62.0% |
| 1999 | 20.27 | +54.9% |
| 2000 | 20.24 | -0.1% |
| 2001 | 23.41 | +15.6% |
| 2002 | 23.32 | -0.4% |
| 2003 | 21.95 | -5.9% |
| 2004 | 11.51 | -47.6% |
| 2005 | 11.19 | -2.8% |
| 2006 | 10.32 | -7.7% |
| 2007 | 9.22 | -10.7% |
| 2008 | 6.55 | -28.9% |
| 2009 | 7.09 | +8.2% |
| 2010 | 7.4 | +4.4% |
| 2011 | 7.02 | -5.1% |
| 2012 | 7 | -0.3% |
| 2013 | 6.49 | -7.3% |
| 2014 | 7.88 | +21.4% |
| 2015 | 8.99 | +14.2% |
| 2016 | 10.78 | +19.9% |
| 2017 | 8.89 | -17.6% |
| 2018 | 6.8 | -23.5% |
| 2019 | 8.29 | +21.9% |
| 2020 | 8.72 | +5.2% |
Zambia compared with similar countries
- Zambia's 8.72 is above the median for lower middle income countries, which is 5.24, 1.7× the median. (40 countries reporting)
- Zambia's 8.72 is above the median for Sub-Saharan Africa, which is 5.67, 1.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.5 | 6.25 | 6.75 | 2 |
| 1980s | 10.31 | 6 | 17.74 | 10 |
| 1990s | 38.01 | 13.08 | 88.13 | 10 |
| 2000s | 14.48 | 6.55 | 23.41 | 10 |
| 2010s | 7.95 | 6.49 | 10.78 | 10 |
| 2020s | 8.72 | 8.72 | 8.72 | 1 |
Countries ranked near Zambia
More financial sector data for Zambia
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0011 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0008 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0011 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 Zambia?
- Deposit rate, percent per annum in Zambia was 8.72 in 2020, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Zambia?
- The highest recorded value was 88.13 in 1993.
- What is the lowest deposit rate, percent per annum recorded in Zambia?
- The lowest recorded value was 6 in 1982.
- How does Zambia rank for deposit rate, percent per annum?
- Zambia ranks 21st out of 143 countries with data for 2020.
- Is deposit rate, percent per annum rising or falling in Zambia?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.