Interest spread, which is the difference between interest rate on loans and deposits reached 4.42% in 2023 in Kenya, according to the National Central Bank. This is 14.8% less than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Kenya reached an all time high of 20.5% in 1994 and an all time low of 2.30% in 1982.
Kenya has been ranked 47th within the group of 74 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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