Deposit interest rate — all countries

Deposit interest rate — Uganda

Deposit interest rate in Uganda in 2018 — 9.38%. Ranked 12 in the world out of 121. Since 1984, the indicator has fallen by 10.62 pp.

2018 9.38% −0.31 pp vs 2017
World rank 12of 121
Period maximum 35.83%1992
Period minimum 5.56%2002

Trend over time

1984–2018 · % per annum

Deposit interest rate — Uganda, 1984–201801020304019841988199219962000200420082012201620181984: 20%1985: 20%1986: 23.33%1987: 20%1988: 21.5%1989: 32.17%1990: 31.25%1991: 31.17%1992: 35.83%1993: 16.26%1994: 9.99%1995: 7.61%1996: 10.62%1997: 11.84%1998: 11.36%1999: 8.73%2000: 9.84%2001: 8.47%2002: 5.56%2003: 9.85%2004: 7.74%2005: 8.79%2006: 9.09%2007: 9.26%2008: 10.67%2009: 9.75%2010: 7.69%2011: 13.34%2012: 16.8%2013: 12.12%2014: 10.81%2015: 12.77%2016: 13.24%2017: 9.7%2018: 9.38%
Change over the period: −10.62 pp Annual average: -0.31 pp
Deposit interest rate — Uganda, by year Uganda All countries CSV XLSX
Year % Change, pp
2018 9.38 −0.31 pp
2017 9.7 −3.54 pp
2016 13.24 +0.47 pp
2015 12.77 +1.96 pp
2014 10.81 −1.31 pp
2013 12.12 −4.68 pp
2012 16.8 +3.45 pp
2011 13.34 +5.66 pp
2010 7.69 −2.07 pp
2009 9.75 −0.92 pp
2008 10.67 +1.41 pp
2007 9.26 +0.18 pp
2006 9.09 +0.29 pp
2005 8.79 +1.05 pp
2004 7.74 −2.11 pp
2003 9.85 +4.28 pp
2002 5.56 −2.9 pp
2001 8.47 −1.37 pp
2000 9.84 +1.11 pp
1999 8.73 −2.63 pp
1998 11.36 −0.48 pp
1997 11.84 +1.22 pp
1996 10.62 +3.01 pp
1995 7.61 −2.38 pp
1994 9.99 −6.27 pp
1993 16.26 −19.58 pp
1992 35.83 +4.67 pp
1991 31.17 −0.08 pp
1990 31.25 −0.92 pp
1989 32.17 +10.67 pp
1988 21.5 +1.5 pp
1987 20 −3.33 pp
1986 23.33 +3.33 pp
1985 20 +0 pp
1984 20

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.