Deposit interest rate — all countries

Deposit interest rate — Sao Tome and Principe

Deposit interest rate in Sao Tome and Principe in 2024 — 2.61%. Ranked 52 in the world out of 90. Since 2001, the indicator has fallen by 12.39 pp.

2024 2.61% +0.32 pp vs 2023
World rank 52of 90
Period maximum 15%2001
Period minimum 2.29%2023

Trend over time

2001–2024 · % per annum

Deposit interest rate — Sao Tome and Principe, 2001–20240510152001200420072010201320162019202220242001: 15%2002: 15%2003: 9.49%2004: 11.49%2005: 12.24%2006: 10.75%2007: 12.75%2008: 12.75%2009: 11.92%2010: 11.12%2011: 12.36%2012: 12.89%2013: 12.6%2014: 8.92%2015: 6.9%2016: 4.13%2017: 4.17%2018: 3.8%2019: 3.38%2020: 2.93%2021: 2.38%2022: 2.49%2023: 2.29%2024: 2.61%
Change over the period: −12.39 pp Annual average: -0.54 pp
Deposit interest rate — Sao Tome and Principe, by year Sao Tome and Principe All countries CSV XLSX
Year % Change, pp
2024 2.61 +0.32 pp
2023 2.29 −0.2 pp
2022 2.49 +0.11 pp
2021 2.38 −0.55 pp
2020 2.93 −0.45 pp
2019 3.38 −0.42 pp
2018 3.8 −0.38 pp
2017 4.17 +0.04 pp
2016 4.13 −2.76 pp
2015 6.9 −2.03 pp
2014 8.92 −3.67 pp
2013 12.6 −0.29 pp
2012 12.89 +0.53 pp
2011 12.36 +1.24 pp
2010 11.12 −0.81 pp
2009 11.92 −0.83 pp
2008 12.75 +0 pp
2007 12.75 +2 pp
2006 10.75 −1.49 pp
2005 12.24 +0.75 pp
2004 11.49 +2 pp
2003 9.49 −5.51 pp
2002 15 +0 pp
2001 15

Middle Africa, 2024

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

AO Angola 7.4 ST Sao Tome and Principe 2.61

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.