Deposit interest rate — all countries

Deposit interest rate — Botswana

Deposit interest rate in Botswana in 2024 — 2.35%. Ranked 56 in the world out of 90. Since 1980, the indicator has fallen by 2.65 pp.

2024 2.35% −0.6 pp vs 2023
World rank 56of 90
Period maximum 13.49%1993
Period minimum 1.43%2021

Trend over time

1980–2024 · % per annum

Deposit interest rate — Botswana, 1980–202405101519801985199019952000200520102015202020241980: 5%1981: 8.67%1982: 10.75%1983: 11.88%1984: 10%1985: 9%1986: 8.67%1987: 7.5%1988: 5%1989: 5.58%1990: 6.11%1991: 11.4%1992: 12.5%1993: 13.49%1994: 10.59%1995: 9.79%1996: 9.68%1997: 9.51%1998: 8.43%1999: 9.1%2000: 9.42%2001: 10.09%2002: 10.45%2003: 9.95%2004: 9.85%2005: 9.25%2006: 8.87%2007: 8.62%2008: 8.67%2009: 7.47%2010: 5.6%2011: 5.15%2012: 3.61%2013: 3.11%2014: 2.53%2015: 2.5%2016: 2.12%2017: 1.44%2018: 1.52%2019: 1.59%2020: 1.56%2021: 1.43%2022: 1.49%2023: 2.95%2024: 2.35%
Change over the period: −2.65 pp Annual average: -0.06 pp
Deposit interest rate — Botswana, by year Botswana All countries CSV XLSX
Year % Change, pp
2024 2.35 −0.6 pp
2023 2.95 +1.46 pp
2022 1.49 +0.06 pp
2021 1.43 −0.12 pp
2020 1.56 −0.04 pp
2019 1.59 +0.07 pp
2018 1.52 +0.08 pp
2017 1.44 −0.68 pp
2016 2.12 −0.38 pp
2015 2.5 −0.03 pp
2014 2.53 −0.58 pp
2013 3.11 −0.5 pp
2012 3.61 −1.54 pp
2011 5.15 −0.45 pp
2010 5.6 −1.87 pp
2009 7.47 −1.2 pp
2008 8.67 +0.05 pp
2007 8.62 −0.25 pp
2006 8.87 −0.38 pp
2005 9.25 −0.6 pp
2004 9.85 −0.09 pp
2003 9.95 −0.51 pp
2002 10.45 +0.37 pp
2001 10.09 +0.67 pp
2000 9.42 +0.32 pp
1999 9.1 +0.67 pp
1998 8.43 −1.08 pp
1997 9.51 −0.16 pp
1996 9.68 −0.11 pp
1995 9.79 −0.8 pp
1994 10.59 −2.91 pp
1993 13.49 +0.99 pp
1992 12.5 +1.1 pp
1991 11.4 +5.29 pp
1990 6.11 +0.53 pp
1989 5.58 +0.58 pp
1988 5 −2.5 pp
1987 7.5 −1.17 pp
1986 8.67 −0.33 pp
1985 9 −1 pp
1984 10 −1.88 pp
1983 11.88 +1.13 pp
1982 10.75 +2.08 pp
1981 8.67 +3.67 pp
1980 5

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

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.