Deposit interest rate in Benin in 2021 — 5.3%. Ranked 22 in the world out of 110. Since 2005, the indicator has fallen by 2.31 pp.
2005–2021 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2021 | 5.3 | +0.21 pp |
| 2020 | 5.1 | −0.22 pp |
| 2019 | 5.31 | −0.08 pp |
| 2018 | 5.39 | +0.13 pp |
| 2017 | 5.27 | −1.66 pp |
| 2016 | 6.93 | −0.07 pp |
| 2015 | 7 | −0.26 pp |
| 2014 | 7.26 | −0.4 pp |
| 2013 | 7.65 | −0.34 pp |
| 2012 | 7.99 | −0.51 pp |
| 2011 | 8.5 | +0.11 pp |
| 2010 | 8.39 | −0.19 pp |
| 2009 | 8.58 | +0.46 pp |
| 2008 | 8.12 | +0.31 pp |
| 2007 | 7.81 | −0.01 pp |
| 2006 | 7.82 | +0.21 pp |
| 2005 | 7.61 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
