Deposit Interest Rate in Benin decreased to 6.49 percent in 2017 from 6.93 percent in 2016. Deposit Interest Rate in Benin averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017.

Deposit Interest Rate in Benin is expected to be 6.93 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Benin is projected to trend around 6.93 percent in 2020, according to our econometric models.

Deposit Interest Rate in Benin
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Benin Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 4.50 3.50 percent [+]
Interbank Rate 5.27 5.08 7.35 3.75 percent [+]
Deposit Interest Rate 6.49 6.93 8.58 6.49 percent [+]
Loans To Private Sector 1111255.00 1099183.00 1116234.00 321652.00 XOF Million [+]


Deposit Interest Rate in Benin

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Benin. Deposit Interest Rate in Benin - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.49 6.93 8.58 6.49 2005 - 2017 percent Yearly




Country Last Previous
Argentina 46.83 Jul/19
Turkey 22.50 Jun/19
South Africa 7.17 Apr/19
Brazil 6.19 Mar/19
Russia 5.73 May/19
Indonesia 5.00 Jul/19
Mexico 3.70 Apr/19
Saudi Arabia 3.40 Jul/19
South Korea 1.99 Apr/19
Canada 1.81 Jul/19
Australia 1.75 Jun/19
United Kingdom 0.50 May/19
China 0.35 Jun/19
Singapore 0.20 May/19
Japan -0.30 Jul/19
Switzerland -0.31 May/19
Euro Area -0.40 Jun/19


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