Deposit Interest Rate in Zimbabwe remained unchanged at 26 percent in October from 26 percent in September of 2021. source: Reserve Bank of Zimbabwe

Deposit Interest Rate in Zimbabwe averaged 19.40 percent from 1980 until 2021, 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 January of 2022.

Deposit Interest Rate in Zimbabwe is expected to be 26.00 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 36.00 percent in 2023 and 16.00 percent in 2024, according to our econometric models.

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Zimbabwe Deposit Interest Rate

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
26.00 26.00 203.38 3.52 1980 - 2021 percent Monthly

Related Last Previous Unit Reference
Interest Rate 60.00 60.00 percent Dec/21
Money Supply M1 385927356.00 335026202.00 USD Thousands Oct/21
Money Supply M2 413832113.00 361406858.00 USD Thousands Oct/21
Money Supply M3 417561784.00 364598792.00 USD Thousands Oct/21
Deposit Interest Rate 26.00 26.00 percent Oct/21
Lending Rate 85.00 85.00 percent Oct/21
Banks Balance Sheet 587237.60 496213.60 USD Million Oct/21