Deposit interest rate in Zambia
Zambia: Deposit interest rate was 8.7% in 2020. ◆ Volatile
Deposit interest rate in Zambia, 1978–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Zambia is 8.7%, measured in 2020.
The figure is up 5.2% on the previous year and up 17.8% over ten years.
Over the whole period, deposit interest rate in Zambia peaked at 88.1% in 1993 and was at its lowest, 6.0%, in 1982.
Zambia ranks 24th of 152 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.5% | 6.2% | 6.8% | 2 |
| 1980s | 10.3% | 6.0% | 17.7% | 10 |
| 1990s | 38.0% | 13.1% | 88.1% | 10 |
| 2000s | 14.5% | 6.6% | 23.4% | 10 |
| 2010s | 8.0% | 6.5% | 10.8% | 10 |
| 2020s | 8.7% | 8.7% | 8.7% | 1 |
Countries ranked near Zambia
More financial sector data for Zambia
- Domestic credit to private sector 17.0% (2024)
- Net domestic credit 172.45 billion current LCU (2025)
- Total reserves in months of imports 3.29 (2024)
- Net foreign assets 85.43 billion current LCU (2025)
- Domestic credit to private sector by banks 13.7% (2025)
- Monetary Sector credit to private sector 13.7% (2025)
- Claims on central government, etc. 9.1% (2025)
- Broad money 30.8% (2025)
- Official exchange rate 25.28 LCU per US$, period average (2025)
- Net migration 6,562 (2025)
Frequently asked questions
- What is deposit interest rate in Zambia?
- Deposit interest rate in Zambia was 8.7% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Zambia?
- The highest recorded value was 88.1% in 1993.
- What is the lowest deposit interest rate recorded in Zambia?
- The lowest recorded value was 6.0% in 1982.
- How does Zambia rank for deposit interest rate?
- Zambia ranks 24th out of 152 countries with data for 2020.
- Is deposit interest rate rising or falling in Zambia?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.