The deposit interest rate in Kenya increased by two percentage points (+27.97 percent) in 2023. In total, the deposit interest rate amounted to 9.17 percent in 2023. The deposit interest rate is paid by financial institutions to deposit account holders.
The source adds the following information: 'Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability'.
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World Bank. (October 24, 2024). Deposit interest rates in Kenya from 2013 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/
World Bank. "Deposit interest rates in Kenya from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/
World Bank. (2024). Deposit interest rates in Kenya from 2013 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/
World Bank. "Deposit Interest Rates in Kenya from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/
World Bank, Deposit interest rates in Kenya from 2013 to 2023 Statista, https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/ (last visited December 22, 2024)
Deposit interest rates in Kenya from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1246981/deposit-interest-rates-in-kenya/
