Deposit Interest Rates Statistics in Botswana (2026)
According to World Bank World Development Indicators data, the average deposit interest rate in Botswana came to 2.4% in 2024. Down from 2.9% in 2023 to 2.4% in 2024 (−0.6 percentage points). Botswana ranks #24 of 27 economies in Sub-Saharan Africa on this measure, and #72 of 113 globally.
Key Statistics
- Latest value (2024)
- 2.4% (2024)
- Deposit Interest Rates in Botswana as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.6 pp (2024)
- Down from 2.9% in 2023 to 2.4% in 2024 (−0.6 percentage points).
- Earliest value in this dataset (1990)
- 6.1% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 6.1% in 1990 to 2.4% in 2024.
- Peak value (1993)
- 13.5% (1993)
- Highest value in the available series; the 2024 value is 2.4%.
- Rank in Sub-Saharan Africa
- #24 of 27 (2024)
- Botswana ranks 24 of 27 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #72 of 113 (2024)
- Botswana ranks 72 of 113 countries with data globally.
- Sub-Saharan Africa average
- 6.3% (2024)
- Botswana (2.4%) is below the average of 6.3% across the 27 countries in Sub-Saharan Africa with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 3.9% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Botswana (2024)
- 57.5% (2024)
- 57.5% of the population in Botswana used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.5 million (2024)
- Botswana had a population of 2.5 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 2.4% | −0.6 pp |
| 2023 | 2.9% | +1.5 pp |
| 2022 | 1.5% | +0.1 pp |
| 2021 | 1.4% | −0.1 pp |
| 2020 | 1.6% | −0.0 pp |
| 2019 | 1.6% | +0.1 pp |
| 2018 | 1.5% | +0.1 pp |
| 2017 | 1.4% | −0.7 pp |
| 2016 | 2.1% | −0.4 pp |
| 2015 | 2.5% | −0.0 pp |
| 2014 | 2.5% | −0.6 pp |
| 2013 | 3.1% | −0.5 pp |
| 2012 | 3.6% | −1.5 pp |
| 2011 | 5.1% | −0.5 pp |
| 2010 | 5.6% | −1.9 pp |
| 2009 | 7.5% | −1.2 pp |
| 2008 | 8.7% | +0.1 pp |
| 2007 | 8.6% | −0.3 pp |
| 2006 | 8.9% | −0.4 pp |
| 2005 | 9.3% | −0.6 pp |
| 2004 | 9.9% | −0.1 pp |
| 2003 | 9.9% | −0.5 pp |
| 2002 | 10.5% | +0.4 pp |
| 2001 | 10.1% | +0.7 pp |
| 2000 | 9.4% | +0.3 pp |
| 1999 | 9.1% | +0.7 pp |
| 1998 | 8.4% | −1.1 pp |
| 1997 | 9.5% | −0.2 pp |
| 1996 | 9.7% | −0.1 pp |
| 1995 | 9.8% | −0.8 pp |
| 1994 | 10.6% | −2.9 pp |
| 1993 | 13.5% | +1.0 pp |
| 1992 | 12.5% | +1.1 pp |
| 1991 | 11.4% | +5.3 pp |
| 1990 | 6.1% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Botswana?
The average deposit interest rate in Botswana stood at 2.4% in 2024, according to World Bank World Development Indicators data.
Where does the deposit interest rates data for Botswana come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for Botswana is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in Botswana changed over time?
World Bank World Development Indicators data show a decline from 6.1% in 1990 to 2.4% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .