Guinea-Bissau: Deposit interest rate (%)

Key figures

What the numbers say

In 2016, Guinea-Bissau's deposit interest rate (%) fell 0.07 percentage points on 2015 (from 7% to 6.93%).

Across the 10 yearly changes before that (2006 to 2015), the average change was −0.06 percentage points and a typical year strayed about 0.33 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.46 percentage points in 2009 and the biggest yearly fall was 0.51 percentage points in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2007 to 2016 the straight-line trend is downward, about 0.15 percentage points a year. A straight line explains 58% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2016, Guinea-Bissau had the 2nd highest value of the 10 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Guinea-Bissau in the 2016 ranking

• Iran, Islamic Rep. — 1st of 10: 12.8%
• Côte d'Ivoire — 2nd of 10: 6.93%
• Mali — 4th of 10: 6.93%
• Niger — 5th of 10: 6.93%
• Senegal — 6th of 10: 6.93%

What this measures

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. This indicator is expressed as a percentage (a÷b)*100.

Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.

All 12 values

Deposit interest rate (%) in nearby economies

• Angola — 7.98% (2025)
• Benin — 5.3% (2021)
• Botswana — 2.35% (2024)
• Burkina Faso — 5.3% (2021)
• Cabo Verde — 1.53% (2025)
• Cameroon — 2.45% (2018)
• Central African Republic — 2.45% (2016)
• Chad — 2.45% (2016)
• Comoros — 2.06% (2022)
• Congo, Dem. Rep. — 7.89% (2025)
• Congo, Rep. — 2.45% (2016)
• Côte d'Ivoire

More financial sector data for Guinea-Bissau

• DEC alternative conversion factor (LCU per US$) — US$581.93 (2025)
• Official exchange rate (LCU per US$, period average) — US$581.93 (2025)
• GDP deflator (base year varies by country) — 135.92 (2025)
• Inflation, GDP deflator (annual % growth) — 4.32% (2025)
• Net domestic credit (current LCU) — 326.78 billion (2025)
• Net foreign assets (current LCU) — 307.13 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 9.99% (2025)
• Broad money (current LCU) — 547.26 billion (2025)
• Broad money (% of GDP) — 37.2% (2025)

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Questions people ask

What is Guinea-Bissau's deposit interest rate (%)?

6.93% in 2016, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 0.68 percentage points from 7.61% in 2005. The highest value was 8.58% in 2009 and the lowest 6.93% in 2016.

How does Guinea-Bissau rank?

2nd highest of 10 economies with data for 2016.

Is the latest change in deposit interest rate (%) unusual for Guinea-Bissau?

In 2016, Guinea-Bissau's deposit interest rate (%) fell 0.07 percentage points on 2015 (from 7% to 6.93%). Across the 10 yearly changes before that (2006 to 2015), the average change was −0.06 percentage points and a typical year strayed about 0.33 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FR.INR.DPST, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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