Deposit Interest Rate in Uganda decreased to 10.12 percent in March from 10.14 percent in February of 2020.

Deposit Interest Rate in Uganda averaged 11.91 percent from 1987 until 2020, reaching an all time high of 38.38 percent in September of 1992 and a record low of 3.54 percent in April of 2002. This page includes a chart with historical data for Deposit Interest Rate in Uganda. Deposit Interest Rate in Uganda - values, historical data and charts - was last updated on May of 2020. source: Bank of Uganda

Deposit Interest Rate in Uganda is expected to be 10.43 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 Uganda to stand at 9.43 in 12 months time. In the long-term, the Deposit Interest Rate in Uganda is projected to trend around 9.43 percent in 2021, according to our econometric models.

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Deposit Interest Rate in Uganda

Actual Previous Highest Lowest Dates Unit Frequency
10.12 10.14 38.38 3.54 1987 - 2020 percent Monthly
NSA

Uganda Money Last Previous Highest Lowest Unit
Interest Rate 8.00 8.00 23.00 8.00 percent [+]
Money Supply M2 19500.90 19490.00 19500.90 138.70 UGX Billion [+]
Money Supply M3 27448.80 27205.10 27448.80 138.70 UGX Billion [+]
Foreign Exchange Reserves 3275.48 3305.42 3654.45 5.10 USD Million [+]
Loans to Private Sector 16743.81 16566.47 16743.96 244.22 SHS Billion [+]
Deposit Interest Rate 10.12 10.14 38.38 3.54 percent [+]
Money Supply M1 11484.60 11426.20 11484.60 912.60 UGX Billion [+]


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