Botswana Interest Rates
BW: Deposit Interest Rate
BW: Deposit Interest Rate data was reported at 1.986 % pa in 2023. This records an increase from the previous number of 1.492 % pa for 2022. BW: Deposit Interest Rate data is updated yearly, averaging 8.643 % pa from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 13.491 % pa in 1993 and a record low of 1.433 % pa in 2021. BW: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1.986 2023 | yearly | 1980 - 2023 |
View Botswana's BW: Deposit Interest Rate from 1980 to 2023 in the chart:
BW: Interest Rate Spread
BW: Interest Rate Spread data was reported at 4.753 % pa in 2023. This records an increase from the previous number of 4.640 % pa for 2022. BW: Interest Rate Spread data is updated yearly, averaging 4.902 % pa from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 13.458 % pa in 1982 and a record low of 0.433 % pa in 1991. BW: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.;International Monetary Fund, International Financial Statistics and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 4.753 2023 | yearly | 1980 - 2023 |
View Botswana's BW: Interest Rate Spread from 1980 to 2023 in the chart:
BW: Lending Interest Rate
BW: Lending Interest Rate data was reported at 6.739 % pa in 2023. This records an increase from the previous number of 6.132 % pa for 2022. BW: Lending Interest Rate data is updated yearly, averaging 11.667 % pa from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 24.208 % pa in 1982 and a record low of 5.250 % pa in 2021. BW: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 6.739 2023 | yearly | 1980 - 2023 |
View Botswana's BW: Lending Interest Rate from 1980 to 2023 in the chart:
BW: Real Interest Rate
BW: Real Interest Rate data was reported at 4.517 % pa in 2023. This records an increase from the previous number of -7.403 % pa for 2022. BW: Real Interest Rate data is updated yearly, averaging 3.787 % pa from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 19.782 % pa in 1982 and a record low of -12.114 % pa in 1988. BW: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Botswana – Table BW.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;
| Last | Frequency | Range |
|---|---|---|
| 4.517 2023 | yearly | 1980 - 2023 |