Deposit interest rate — all countries

Deposit interest rate — Egypt

Deposit interest rate in Egypt in 2024 — 19.16%. Ranked 3 in the world out of 90. Since 1976, the indicator has risen by 16.16 pp.

2024 19.16% +6.51 pp vs 2023
World rank 3of 90
Period maximum 19.16%2024
Period minimum 3%1976

Trend over time

1976–2024 · % per annum

Deposit interest rate — Egypt, 1976–202405101520197619811986199119962001200620112016202120241976: 3%1977: 4.67%1978: 5.88%1979: 7%1980: 8.33%1981: 10%1982: 11%1983: 11%1984: 11%1985: 11%1986: 11%1987: 11%1988: 11%1989: 11.67%1990: 12%1991: 12%1992: 12%1993: 12%1994: 11.83%1995: 10.92%1996: 10.54%1997: 9.84%1998: 9.36%1999: 9.22%2000: 9.46%2001: 9.46%2002: 9.33%2003: 8.23%2004: 7.73%2005: 7.23%2006: 6.02%2007: 6.1%2008: 6.58%2009: 6.49%2010: 6.23%2011: 6.74%2012: 7.64%2013: 7.68%2014: 6.92%2015: 6.91%2016: 7.86%2017: 12.09%2018: 12.32%2019: 10.95%2020: 7.78%2021: 7.4%2022: 8.43%2023: 12.65%2024: 19.16%
Change over the period: +16.16 pp Annual average: 0.34 pp
Deposit interest rate — Egypt, by year Egypt All countries CSV XLSX
Year % Change, pp
2024 19.16 +6.51 pp
2023 12.65 +4.23 pp
2022 8.43 +1.03 pp
2021 7.4 −0.38 pp
2020 7.78 −3.17 pp
2019 10.95 −1.37 pp
2018 12.32 +0.23 pp
2017 12.09 +4.23 pp
2016 7.86 +0.95 pp
2015 6.91 −0.01 pp
2014 6.92 −0.77 pp
2013 7.68 +0.04 pp
2012 7.64 +0.9 pp
2011 6.74 +0.51 pp
2010 6.23 −0.26 pp
2009 6.49 −0.09 pp
2008 6.58 +0.48 pp
2007 6.1 +0.08 pp
2006 6.02 −1.21 pp
2005 7.23 −0.5 pp
2004 7.73 −0.5 pp
2003 8.23 −1.11 pp
2002 9.33 −0.13 pp
2001 9.46 +0 pp
2000 9.46 +0.24 pp
1999 9.22 −0.15 pp
1998 9.36 −0.47 pp
1997 9.84 −0.71 pp
1996 10.54 −0.38 pp
1995 10.92 −0.92 pp
1994 11.83 −0.17 pp
1993 12 +0 pp
1992 12 +0 pp
1991 12 +0 pp
1990 12 +0.33 pp
1989 11.67 +0.67 pp
1988 11 +0 pp
1987 11 +0 pp
1986 11 +0 pp
1985 11 +0 pp
1984 11 +0 pp
1983 11 +0 pp
1982 11 +1 pp
1981 10 +1.67 pp
1980 8.33 +1.33 pp
1979 7 +1.13 pp
1978 5.88 +1.21 pp
1977 4.67 +1.67 pp
1976 3

Northern Africa, 2024

The same indicator for neighboring countries — with links to their pages

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.

Source: World Economic Outlook (IMF), license IMF open data.