Deposit Interest Rate in Botswana remained unchanged at 1.64 percent in February from 1.64 percent in January of 2020.

Deposit Interest Rate in Botswana averaged 7.59 percent from 1980 until 2020, reaching an all time high of 13.70 percent in March of 1993 and a record low of 1.09 percent in October of 2017. This page includes a chart with historical data for Deposit Interest Rate in Botswana. Deposit Interest Rate in Botswana - values, historical data and charts - was last updated on August of 2020.

Deposit Interest Rate in Botswana is expected to be 1.64 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Botswana to stand at 1.64 in 12 months time. In the long-term, the Deposit Interest Rate in Botswana is projected to trend around 1.64 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Botswana

Actual Previous Highest Lowest Dates Unit Frequency
1.64 1.64 13.70 1.09 1980 - 2020 percent Monthly

Botswana Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.25 15.50 4.25 percent [+]
Banks Balance Sheet 102165.80 100105.30 102165.80 14842.25 BWP Million [+]
Deposit Interest Rate 1.64 1.64 13.70 1.09 percent [+]
Lending Rate 5.75 5.75 16.50 5.75 percent [+]
Loans To Private Sector 23249.02 23493.77 23663.59 4374.30 BWP Million [+]
Money Supply M1 23654.54 22451.72 23654.54 6522.55 BWP Million [+]
Money Supply M2 88896.28 89421.87 89421.87 35697.50 BWP Million [+]
Money Supply M3 88896.28 89421.87 89421.87 35697.50 BWP Million [+]
Foreign Exchange Reserves 5703.00 5202.00 10346.00 5152.00 USD Million [+]
Central Bank Balance Sheet 67040.36 69752.28 89975.09 50627.34 BWP Million [+]


Deposit Interest Rate in Botswana
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.