Deposit interest rate in Botswana
Botswana: Deposit interest rate was 2.4% in 2024. ◆ Volatile
Deposit interest rate in Botswana, 1980–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, deposit interest rate in Botswana stood at 2.4%.
Compared with earlier readings it is down 20.3% on the previous year and down 7.2% over ten years.
Over the whole period, deposit interest rate in Botswana peaked at 13.5% in 1993 and was at its lowest, 1.4%, in 2021.
Botswana ranks 103rd of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.2% | 5.0% | 11.9% | 10 |
| 1990s | 10.1% | 6.1% | 13.5% | 10 |
| 2000s | 9.3% | 7.5% | 10.5% | 10 |
| 2010s | 2.9% | 1.4% | 5.6% | 10 |
| 2020s | 2.0% | 1.4% | 2.9% | 5 |
Countries ranked near Botswana
- 101 Netherlands 2.4% compare
- 102 Malaysia 2.4% compare
- 104 Nicaragua 2.3% compare
- 105 Palestine 2.2% compare
- 106 Saint Kitts and Nevis 2.1% compare
More financial sector data for Botswana
- Domestic credit to private sector 33.2% (2025)
- Net domestic credit 119.01 billion current LCU (2025)
- Total reserves in months of imports 4.76 (2024)
- Net foreign assets 60.03 billion current LCU (2025)
- Domestic credit to private sector by banks 33.1% (2025)
- Monetary Sector credit to private sector 33.2% (2025)
- Claims on central government, etc. 17.4% (2025)
- Broad money 44.1% (2024)
- Official exchange rate 13.5 LCU per US$, period average (2025)
- Net migration -5,665 (2025)
Frequently asked questions
- What is deposit interest rate in Botswana?
- Deposit interest rate in Botswana was 2.4% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Botswana?
- The highest recorded value was 13.5% in 1993.
- What is the lowest deposit interest rate recorded in Botswana?
- The lowest recorded value was 1.4% in 2021.
- How does Botswana rank for deposit interest rate?
- Botswana ranks 103rd out of 152 countries with data for 2024.
- Is deposit interest rate rising or falling in Botswana?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.