Deposit Interest Rate in Zimbabwe remained unchanged at 32 percent in July from 32 percent in June of 2022. source: Reserve Bank of Zimbabwe

Deposit Interest Rate in Zimbabwe averaged 19.93 percent from 1980 until 2022, reaching an all time high of 203.38 percent in December of 2006 and a record low of 3.52 percent in December of 1980. This page includes a chart with historical data for Deposit Interest Rate in Zimbabwe. Zimbabwe Deposit Interest Rate - values, historical data and charts - was last updated on October of 2022.

Deposit Interest Rate in Zimbabwe is expected to be 32.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Deposit Interest Rate is projected to trend around -118.00 percent in 2023 and -138.00 percent in 2024, according to our econometric models.

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Zimbabwe Deposit Interest Rate



Related Last Previous Unit Reference
Interest Rate 200.00 200.00 percent Sep 2022
Money Supply M1 1104973665.00 1031647433.00 USD Thousands Jul 2022
Money Supply M2 1199175765.00 1112538296.00 USD Thousands Jul 2022
Money Supply M3 120731364.00 1119696234.00 USD Thousands Jul 2022
Deposit Interest Rate 32.00 32.00 percent Jul 2022
Lending Rate 85.00 85.00 percent Jul 2022
Banks Balance Sheet 1857204.00 1724666.10 USD Million Jul 2022

Zimbabwe Deposit Interest Rate
In Zimbabwe, deposit rates depict the range of rates quoted by banks. In May 2017 banks have adjusted their costs of holding deposits following the call by the Reserve Bank of Zimbabwe to reduce lending rates.
Actual Previous Highest Lowest Dates Unit Frequency
32.00 32.00 203.38 3.52 1980 - 2022 percent Monthly