Contact Contacts
Finance

Deposit interest rate

The average rate banks pay on deposits.

Unit: % per annum Period: 1960–2025 Source: World Economic Outlook (IMF)
Source: IMF · About the indicator
Average: 5.25% Countries: 152

The ranking uses the latest available value for each country — the year is shown in the row. The table spans 1989 to 2025.

Deposit interest rate, 1989–2025

Top-20 · % per annum

Deposit interest rate, 1989–20250204060TürkiyeTürkiye: 57.6%57.6ArgentinaArgentina: 34.86%34.86SomaliaSomalia: 25%25EgyptEgypt: 19.16%19.16UzbekistanUzbekistan: 18.12%18.12YemenYemen: 15.25%15.25VenezuelaVenezuela: 14.73%14.73RussiaRussia: 14.62%14.62IranIran: 12.8%12.8HondurasHonduras: 12.44%12.44MadagascarMadagascar: 12.08%12.08KenyaKenya: 11.98%11.98GhanaGhana: 11.42%11.42SerbiaSerbia: 11.2%11.2GeorgiaGeorgia: 10.59%10.59RwandaRwanda: 10.33%10.33UkraineUkraine: 9.95%9.95Dominican RepublicDominican Republic: 9.77%9.77LebanonLebanon: 9.7%9.7UgandaUganda: 9.38%9.38
Deposit interest rate — 1989–2025 Current breakdown Full series CSV XLSX JSON
# Year Subregion World rank
1 TR Türkiye 57.6 2025 1
2 AR Argentina 34.86 2025 2
3 SO Somalia 25 1989 3
4 EG Egypt 19.16 2024 4
5 UZ Uzbekistan 18.12 2024 5
6 YE Yemen 15.25 2013 6
7 VE Venezuela 14.73 2017 7
8 RU Russia 14.62 2024 8
9 IR Iran 12.8 2016 9
10 HN Honduras 12.44 2025 10
11 MG Madagascar 12.08 2025 11
12 KE Kenya 11.98 2024 12
13 GH Ghana 11.42 2023 13
14 RS Serbia 11.2 2010 14
15 GE Georgia 10.59 2025 15
16 RW Rwanda 10.33 2024 16
17 UA Ukraine 9.95 2025 17
18 DO Dominican Republic 9.77 2024 18
19 LB Lebanon 9.7 2019 19
20 UG Uganda 9.38 2018 20
21 AZ Azerbaijan 9.36 2025 21
22 BD Bangladesh 9.35 2025 22
23 CO Colombia 8.96 2025 23
24 ZM Zambia 8.72 2020 24
25 LK Sri Lanka 8.71 2019 25
26 AM Armenia 8.03 2025 26
27 AO Angola 7.98 2025 27
28 NG Nigeria 7.84 2023 28
29 BR Brazil 7.7 2024 29
30 ZA South Africa 7.42 2025 30
31 UY Uruguay 7.3 2025 31
32 SL Sierra Leone 7.04 2025 32
33 CI Côte d'Ivoire 6.93 2016 33
34 GW Guinea-Bissau 6.93 2016 33
35 ML Mali 6.93 2016 33
36 NE Niger 6.93 2016 33
37 SN Senegal 6.93 2016 33
38 TG Togo 6.93 2016 33
39 BY Belarus 6.76 2025 39
40 SR Suriname 6.69 2025 40
41 TZ Tanzania 6.68 2020 41
42 MN Mongolia 6.6 2021 42
43 GM Gambia 6.5 2025 43
44 ZW Zimbabwe 6.24 2025 44
45 CL Chile 6.07 2024 45
46 MM Myanmar 5.83 2020 46
47 MZ Mozambique 5.77 2025 47
48 PK Pakistan 5.75 2021 48
49 CD Democratic Republic of the Congo 5.73 2021 49
50 HU Hungary 5.71 2025 50
51 MR Mauritania 5.67 2017 51
52 JO Jordan 5.47 2025 52
53 ID Indonesia 5.41 2025 53
54 NA Namibia 5.38 2024 54
55 BJ Benin 5.3 2021 55
56 BF Burkina Faso 5.3 2021 55
57 EC Ecuador 5.3 2025 57
58 RO Romania 5.23 2025 58
59 TJ Tajikistan 5.18 2019 59
60 JM Jamaica 5.16 2025 60
61 GT Guatemala 5.11 2025 61
62 LR Liberia 5.03 2017 62
63 IQ Iraq 4.86 2015 63
64 PE Peru 4.82 2022 64
65 VN Vietnam 4.78 2023 65
66 MD Moldova 4.76 2025 66
67 QA Qatar 4.68 2025 67
68 ET Ethiopia 4.68 2008 68
69 MU Mauritius 4.54 2025 69
70 BT Bhutan 4.5 2025 70
71 GB United Kingdom 4.48 1998 71
72 HT Haiti 4.28 2025 72
73 OM Oman 4.15 2021 73
74 PH Philippines 4.08 2019 74
75 NZ New Zealand 3.95 2025 75
76 BO Bolivia 3.92 2025 76
77 SZ Eswatini 3.9 2024 77
78 MV Maldives 3.55 2025 78
79 CR Costa Rica 3.44 2025 79
80 PY Paraguay 3.42 2021 80
81 GN Guinea 3.33 2021 81
82 NO Norway 3.21 2025 82
83 LA Laos 3 2010 83
84 AW Aruba 2.8 2023 84
85 PA Panama 2.8 2006 84
86 KR South Korea 2.73 2025 86
87 MK North Macedonia 2.72 2025 87
88 MA Morocco 2.68 2025 88
89 KW Kuwait 2.62 2025 89
90 ST Sao Tome and Principe 2.61 2024 90
91 MX Mexico 2.55 2025 91
92 LY Libya 2.5 2014 92
93 SC Seychelles 2.47 2025 93
94 LS Lesotho 2.46 2024 94
95 CM Cameroon 2.45 2018 95
96 CF Central African Republic 2.45 2016 95
97 TD Chad 2.45 2016 95
98 GQ Equatorial Guinea 2.45 2017 95
99 GA Gabon 2.45 2017 95
100 CG Republic of the Congo 2.45 2016 95
101 NL Netherlands 2.44 2013 101
102 MY Malaysia 2.42 2025 102
103 BW Botswana 2.35 2024 103
104 NI Nicaragua 2.27 2025 104
105 PS Palestine 2.24 2021 105
106 KN Saint Kitts and Nevis 2.15 2025 106
107 KM Comoros 2.06 2022 107
108 BZ Belize 1.98 2025 108
109 BA Bosnia and Herzegovina 1.89 2025 109
110 AL Albania 1.86 2024 110
111 DZ Algeria 1.75 2025 111
112 FJ Fiji 1.71 2024 112
113 KG Kyrgyzstan 1.67 2024 113
114 CZ Czechia 1.6 2025 114
115 WS Samoa 1.58 2025 115
116 AU Australia 1.56 2019 116
117 SM San Marino 1.55 2025 117
118 DM Dominica 1.54 2025 118
119 CV Cabo Verde 1.53 2025 119
120 TO Tonga 1.51 2025 120
121 CN China 1.5 2024 121
122 TT Trinidad and Tobago 1.5 2024 121
123 HR Croatia 1.35 2014 123
124 AG Antigua and Barbuda 1.33 2025 124
125 XK Kosovo 1.31 2018 125
126 KH Cambodia 1.29 2025 126
127 VC Saint Vincent and the Grenadines 1.24 2025 127
128 LC Saint Lucia 1.18 2025 128
129 TH Thailand 1.15 2025 129
130 SE Sweden 1.09 2006 130
131 BH Bahrain 0.99 2015 131
132 GD Grenada 0.95 2025 132
133 CH Switzerland 0.93 2024 133
134 FR France 0.79 2017 134
135 GY Guyana 0.78 2025 135
136 BS Bahamas 0.59 2025 136
137 TL Timor-Leste 0.46 2025 137
138 IL Israel 0.44 2022 138
139 SB Solomon Islands 0.41 2023 139
140 MO Macao 0.32 2025 140
141 JP Japan 0.32 2017 141
142 BN Brunei Darussalam 0.31 2025 142
143 VU Vanuatu 0.31 2025 143
144 ME Montenegro 0.27 2025 144
145 PG Papua New Guinea 0.26 2024 145
146 BG Bulgaria 0.25 2025 146
147 HK Hong Kong 0.2 2025 147
148 BB Barbados 0.14 2022 148
149 SG Singapore 0.12 2021 149
150 CA Canada 0.1 2017 150
151 SS South Sudan 0.08 2025 151
152 FM Micronesia 0.04 2021 152
Nothing found. Check the spelling of the name.
Maximum 57.6%
Median 3.91%
Minimum 0.04%

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Updates
twice a year: April and October
Unit of measurement
% per annum
Observation period
1960–2025
License
IMF open data
Dataset
World Economic Outlook

Related indicators

Finance 1960–2025 Lending interest rate

The average rate at which banks lend to businesses and households.

% per annum 109 countries IMF Finance 1961–2025 Real interest rate

The lending rate less inflation — the true cost of borrowed money.

% per annum 109 countries IMF Economy 1960–2025 Consumer price inflation

The annual change in the consumer price index, in percent.

% per year 165 countries World Bank Finance 1980–2031 Current account balance

The balance of a country's external transactions as a percent of GDP: surplus or deficit.

% of GDP 188 countries IMF Finance 1960–2025 Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

% of GDP 165 countries World Bank Finance 1960–2025 Broad money (% of GDP)

The amount of money in the economy as a percent of GDP — the depth of the financial system.

% of GDP 115 countries IMF
All indicators in Finance