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Kenya · Deposit interest rate

Kenya Deposit interest rate

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). · updated 2023-12-31

Latest · 2023-12-3111.42%
Previous · 2023-11-3011.08%
Highest · 1998-04-3021.45%
Lowest · 2004-04-302.02%

Kenya's deposit interest rate stands at 11.42% as of 2023-12-31, up from 11.08% in 2023-11-30. Historical data runs from 1996 to 2023 (336 observations).

Recent trend

In 2023-12-31, Kenya's deposit interest rate was 11.42%, up from 11.08% in 2023-11-30.

In 2023-11-30, Kenya's deposit interest rate was 11.08%, up from 10.5% in 2023-10-31.

In 2023-10-31, Kenya's deposit interest rate was 10.5%, up from 9.76% in 2023-09-30.

In 2023-09-30, Kenya's deposit interest rate was 9.76%, up from 9.28% in 2023-08-31.

In 2023-08-31, Kenya's deposit interest rate was 9.28%, up from 8.75% in 2023-07-31.

Kenya Deposit interest rate — historical data

DateValueChange
2023-12-3111.42%+0.3447%
2023-11-3011.08%+0.581%
2023-10-3110.5%+0.7426%
2023-09-309.76%+0.4801%
2023-08-319.28%+0.5237%
2023-07-318.75%+0.437%
2023-06-308.32%+0.2506%
2023-05-318.06%-0.2753%
2023-04-308.34%+0.2076%
2023-03-318.13%-0.1517%
2023-02-288.28%+0.1972%
2023-01-318.09%+0.7063%
2022-12-317.38%-0.1912%
2022-11-307.57%+0.1563%
2022-10-317.42%+0.2357%
2022-09-307.18%-0.1201%
2022-08-317.3%+0.1701%
2022-07-317.13%+0.1728%
2022-06-306.96%+0.0398%
2022-05-316.92%-0.0348%
2022-04-306.95%+0.0609%
2022-03-316.89%-0.2049%
2022-02-287.1%+0.146%
2022-01-316.95%+0.0432%
2021-12-316.91%+0.1422%
2021-11-306.76%+0.1219%
2021-10-316.64%+0.0343%
2021-09-306.61%+0.0169%
2021-08-316.59%-0.034%
2021-07-316.63%-0.1329%
2021-06-306.76%+0.1259%
2021-05-316.63%-0.1049%
2021-04-306.74%+0.0594%
2021-03-316.68%+0.0123%
2021-02-286.67%+0.0338%
2021-01-316.63%-0.0254%
2020-12-316.66%+0.2412%
2020-11-306.42%-0.0211%
2020-10-316.44%-0.0357%
2020-09-306.47%-0.2932%
2020-08-316.77%-0.2464%
2020-07-317.01%-0.1021%
2020-06-307.11%-0.0859%
2020-05-317.2%-0.1281%
2020-04-307.33%-0.0922%
2020-03-317.42%+0.0178%
2020-02-297.4%+0.0091%
2020-01-317.39%-0.2035%
2019-12-317.6%+0.2277%
2019-11-307.37%-0.0266%
2019-10-317.4%-0.0238%
2019-09-307.42%+0.139%
2019-08-317.28%+0.0222%
2019-07-317.26%-0.2936%
2019-06-307.55%-0.0323%
2019-05-317.58%+0.0231%
2019-04-307.56%-0.0629%
2019-03-317.62%-0.0693%
2019-02-287.69%-0.0361%
2019-01-317.73%-0.0967%
2018-12-317.83%-0.0266%
2018-11-307.85%-0.1795%
2018-10-318.03%-0.1864%
2018-09-308.22%-0.0592%
2018-08-318.28%-0.1303%
2018-07-318.41%+0.0181%
2018-06-308.39%-0.1415%
2018-05-318.53%+0.0694%
2018-04-308.46%-0.0181%
2018-03-318.48%-0.022%
2018-02-288.5%-0.0212%
2018-01-318.52%+0.0968%
2017-12-318.43%+0.2339%
2017-11-308.19%+0.0233%
2017-10-318.17%+0.4587%
2017-09-307.71%-0.0897%
2017-08-317.8%-0.0256%
2017-07-317.83%+0.0631%
2017-06-307.76%+0.5179%
2017-05-317.25%+0.0229%

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). · Download this series as CSV — free, attribution required (CC BY 4.0).

More Kenya data

Frequently asked questions

What is Kenya's deposit interest rate?

Kenya's deposit interest rate is 11.42% as of 2023-12-31, compared with 11.08% in 2023-11-30. Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL).

What was the highest deposit interest rate in Kenya?

The highest recorded value is 21.45% (1998-04-30); the lowest is 2.02% (2004-04-30), across data from 1996 to 2023.

Where does this data come from?

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). Figures are republished with attribution and updated as the source releases new observations.