Deposit Interest Rate in Kenya increased to 9.17 percent in 2023 from 7.15 percent in 2022. Deposit Interest Rate in Kenya averaged 9.00 percent from 1980 until 2023, reaching an all time high of 18.40 percent in 1998 and a record low of 2.43 percent in 2004. source: World Bank

Deposit Interest Rate in Kenya is expected to reach 8.92 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Kenya is projected to trend around 7.67 percent in 2026 and 6.67 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 2119251.00 2060387.00 KES Million Dec 2024
Deposit Interest Rate 9.17 7.15 percent Dec 2023
Foreign Exchange Reserves 16448.70 16573.90 USD Million Apr 2025
Interbank Rate 9.52 9.54 percent Sep 2025
Interest Rate 9.50 9.75 percent Aug 2025
Money Supply M0 296.16 286.01 KES Billion Jul 2025
Money Supply M1 2366.04 2342.30 KES Billion Jul 2025
Money Supply M2 4559.63 4519.60 KES Billion Jul 2025
Money Supply M3 5806.14 5786.47 KES Billion Jul 2025



Deposit Interest Rate in Kenya
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
9.17 7.15 18.40 2.43 1980 - 2023 percent Yearly