Deposit interest rate — all countries

Deposit interest rate — Eswatini

Deposit interest rate in Eswatini in 2024 — 3.9%. Ranked 42 in the world out of 90. Since 1973, the indicator has fallen by 1.6 pp.

2024 3.9% −0.54 pp vs 2023
World rank 42of 90
Period maximum 15%1984
Period minimum 1.78%2021

Trend over time

1973–2024 · % per annum

Deposit interest rate — Eswatini, 1973–202405101519731979198519911997200320092015202120241973: 5.5%1974: 7.02%1975: 7.96%1976: 7.75%1977: 7.75%1978: 7.67%1979: 5.63%1980: 4.5%1981: 6.58%1982: 11.67%1983: 11.17%1984: 15%1985: 14.38%1986: 7.59%1987: 4.89%1988: 6.74%1989: 9.08%1990: 8.74%1991: 10.6%1992: 10.49%1993: 7.89%1994: 7.54%1995: 9.44%1996: 11.08%1997: 12%1998: 11.92%1999: 9.86%2000: 6.53%2001: 6.15%2002: 8.02%2003: 7.59%2004: 4.63%2005: 4.01%2006: 4.93%2007: 7.05%2008: 8.17%2009: 5.4%2010: 3.85%2011: 2.85%2012: 2.47%2013: 2.08%2014: 2.14%2015: 2.27%2016: 2.94%2017: 3.2%2018: 3.76%2019: 3.69%2020: 2.47%2021: 1.78%2022: 2.54%2023: 4.44%2024: 3.9%
Change over the period: −1.6 pp Annual average: -0.03 pp
Deposit interest rate — Eswatini, by year Eswatini All countries CSV XLSX
Year % Change, pp
2024 3.9 −0.54 pp
2023 4.44 +1.9 pp
2022 2.54 +0.76 pp
2021 1.78 −0.69 pp
2020 2.47 −1.22 pp
2019 3.69 −0.07 pp
2018 3.76 +0.56 pp
2017 3.2 +0.26 pp
2016 2.94 +0.67 pp
2015 2.27 +0.13 pp
2014 2.14 +0.06 pp
2013 2.08 −0.39 pp
2012 2.47 −0.39 pp
2011 2.85 −1 pp
2010 3.85 −1.55 pp
2009 5.4 −2.76 pp
2008 8.17 +1.11 pp
2007 7.05 +2.12 pp
2006 4.93 +0.92 pp
2005 4.01 −0.62 pp
2004 4.63 −2.96 pp
2003 7.59 −0.43 pp
2002 8.02 +1.87 pp
2001 6.15 −0.38 pp
2000 6.53 −3.33 pp
1999 9.86 −2.06 pp
1998 11.92 −0.08 pp
1997 12 +0.92 pp
1996 11.08 +1.64 pp
1995 9.44 +1.9 pp
1994 7.54 −0.36 pp
1993 7.89 −2.6 pp
1992 10.49 −0.11 pp
1991 10.6 +1.86 pp
1990 8.74 −0.33 pp
1989 9.08 +2.34 pp
1988 6.74 +1.85 pp
1987 4.89 −2.7 pp
1986 7.59 −6.79 pp
1985 14.38 −0.62 pp
1984 15 +3.83 pp
1983 11.17 −0.5 pp
1982 11.67 +5.08 pp
1981 6.58 +2.08 pp
1980 4.5 −1.13 pp
1979 5.63 −2.04 pp
1978 7.67 −0.08 pp
1977 7.75 +0 pp
1976 7.75 −0.21 pp
1975 7.96 +0.94 pp
1974 7.02 +1.52 pp
1973 5.5

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.