Deposit Interest Rate in Zambia

Deposit Interest Rate in Zambia increased to 8.33 percent in April from 8.22 percent in March of 2019. Deposit Interest Rate in Zambia averaged 17.08 percent from 1978 until 2019, reaching an all time high of 111 percent in July of 1993 and a record low of 5.85 percent in May of 2013.

Deposit Interest Rate in Zambia is expected to be 8.22 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 Zambia to stand at 8.22 in 12 months time. In the long-term, the Deposit Interest Rate in Zambia is projected to trend around 8.47 percent in 2020, according to our econometric models.

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Zambia Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	10.25	10.25	15.50	9.00	percent	[+]
Deposit Interest Rate	8.33	8.22	111.00	5.85	percent	[+]
Money Supply M3	62466638.85	60511119.97	63875146.76	3661075.00	ZMK Million	[+]

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 Zambia. Deposit Interest Rate in Zambia - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8.33	8.22	111.00	5.85	1978 - 2019	percent	Monthly

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Country	Last		Previous	Range
Argentina	46.83	Jul/19	46.83	85.38 : 0	%
Turkey	22.50	Jun/19	22.5	398 : 1.5	%
South Africa	7.17	Apr/19	7.15	21.6 : 5.08	%
Brazil	6.19	Mar/19	5.7	54180 : 5.66	%
Russia	5.73	May/19	5.82	102 : 5	%
Indonesia	5.25	Jun/19	5.25	56 : 3	%
Mexico	3.70	Apr/19	3.72	126 : 0.55	%
Saudi Arabia	3.40	Jul/19	3.4	9.04 : 0.5	%
South Korea	1.99	Apr/19	2.06	19.5 : 1.37	%
Canada	1.81	Jul/19	1.81	22.06 : 0.1	%
Australia	1.75	Jun/19	1.85	17.25 : 1.75	%
United Kingdom	0.50	May/19	0.5	4.25 : 0	%
China	0.35	Jun/19	0.35	3.15 : 0.35	%
Singapore	0.20	May/19	0.2	12.8 : 0.13	%
Japan	-0.30	Jul/19	-0.28	16.25 : -0.51	%
Switzerland	-0.31	May/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Jun/19	-0.4	3.75 : -0.4	%