Deposit Interest Rate in Zimbabwe decreased to 3.27 percent in 2017 from 4.09 percent in 2016. Deposit Interest Rate in Zimbabwe averaged 31.94 percent from 1980 until 2017, reaching an all time high of 203.38 percent in 2006 and a record low of 3.27 percent in 2017.

Deposit Interest Rate in Zimbabwe is expected to be 3.72 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 Zimbabwe is projected to trend around 3.22 percent in 2020, according to our econometric models.

Deposit Interest Rate in Zimbabwe
Forecast Data Chart
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Zimbabwe Money Last Previous Highest Lowest Unit
Interest Rate 9.23 9.23 16.04 8.86 percent [+]
Money Supply M1 9774915.00 9115820.00 9774915.00 216333.00 USD Thousands [+]
Money Supply M2 11262553.00 10552873.00 11262553.00 297563.00 USD Thousands [+]
Money Supply M3 11353366.00 10627376.00 11353366.00 297626.00 USD Thousands [+]
Banks Balance Sheet 14197.80 13187.20 14197.80 601.60 USD Million [+]

Deposit Interest Rate in Zimbabwe

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

Actual Previous Highest Lowest Dates Unit Frequency
3.27 4.09 203.38 3.27 1980 - 2017 percent Yearly

Country Last Previous
Argentina 47.25 Jul/19
Turkey 22.50 Jun/19
South Africa 7.03 May/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 Jun/19
China 0.35 Jun/19
Singapore 0.20 May/19
Japan -0.22 Jul/19
Switzerland -0.31 May/19
Euro Area -0.40 Jun/19