Deposit interest rate in Niger

Niger: Deposit interest rate was 6.9% in 2016. ▼ Falling

Latest (2016)
6.9%
Change on year
down 1.0%
World rank
33rd
of 152 countries
All-time high
8.6%
in 2009
All-time low
6.9%
in 2016
Years of data
12
2005–2016

Deposit interest rate in Niger, 2005–2016

024682005201020162005: 7.6 %2006: 7.8 %2007: 7.8 %2008: 8.1 %2009: 8.6 %2010: 8.4 %2011: 8.5 %2012: 8 %2013: 7.7 %2014: 7.3 %2015: 7 %2016: 6.9 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2016, deposit interest rate in Niger stood at 6.9%. That is the lowest value across all 12 years on record.

The figure is down 1.0% on the previous year and down 11.5% over ten years.

Over the whole period, deposit interest rate in Niger peaked at 8.6% in 2009 and was at its lowest, 6.9%, in 2016.

That places Niger 33rd out of 152 countries with data for 2016, putting it in the top quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.0% 7.6% 8.6% 5
2010s 7.7% 6.9% 8.5% 7

Countries ranked near Niger

  1. 30 South Africa 7.4% compare
  2. 31 Uruguay 7.3% compare
  3. 32 Sierra Leone 7.0% compare
  4. 33 Cote d'Ivoire 6.9% compare
  5. 33 Guinea-Bissau 6.9% compare
  6. 33 Mali 6.9% compare
  7. 33 Senegal 6.9% compare
  8. 33 Togo 6.9% compare

See the full ranking of 152 places →

More financial sector data for Niger

All data for Niger →

Frequently asked questions

What is deposit interest rate in Niger?
Deposit interest rate in Niger was 6.9% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Niger?
The highest recorded value was 8.6% in 2009.
What is the lowest deposit interest rate recorded in Niger?
The lowest recorded value was 6.9% in 2016.
How does Niger rank for deposit interest rate?
Niger ranks 33rd out of 152 countries with data for 2016.
Is deposit interest rate rising or falling in Niger?
Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
Where does this Niger 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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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

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.