Deposit Interest Rate in Uganda increased to 11.38 percent in April from 11.09 percent in March of 2023. source: Bank of Uganda

Deposit Interest Rate in Uganda averaged 11.67 percent from 1987 until 2023, 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 June of 2023.

Deposit Interest Rate in Uganda is expected to be 11.38 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 Uganda is projected to trend around 10.38 percent in 2024 and 8.88 percent in 2025, according to our econometric models.

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Deposit Interest Rate in Uganda

Related Last Previous Unit Reference
Interest Rate 10.00 10.00 percent May 2023
Money Supply M2 26728.00 26523.00 UGX Billion Apr 2023
Money Supply M3 36382.10 36170.30 UGX Billion Apr 2023
Foreign Exchange Reserves 3586.44 3628.76 USD Million Apr 2023
Loans to Private Sector 22075.32 22002.61 UGX Billion Apr 2023
Deposit Interest Rate 11.38 11.09 percent Apr 2023
Money Supply M1 15301.50 15432.50 UGX Billion Apr 2023

Deposit Interest Rate in Uganda
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
11.38 11.09 38.38 3.54 1987 - 2023 percent Monthly