Deposit interest rate in Ethiopia in 2008 — 4.68%. Ranked 78 in the world out of 140. Since 1985, the indicator has risen by 0.68 pp.
1985–2008 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2008 | 4.68 | +0.56 pp |
| 2007 | 4.11 | +0.55 pp |
| 2006 | 3.56 | +0.1 pp |
| 2005 | 3.46 | +0.08 pp |
| 2004 | 3.38 | +0.03 pp |
| 2003 | 3.35 | −0.44 pp |
| 2002 | 3.79 | −2.21 pp |
| 2001 | 6 | +0 pp |
| 2000 | 6 | +0 pp |
| 1999 | 6 | +0 pp |
| 1998 | 6 | −1 pp |
| 1997 | 7 | −2.42 pp |
| 1996 | 9.42 | −2.04 pp |
| 1995 | 11.46 | −0.04 pp |
| 1994 | 11.5 | +0 pp |
| 1993 | 11.5 | +8.63 pp |
| 1992 | 2.88 | — |
| 1985 | 4 | — |
The same indicator for neighboring countries — with links to their pages
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.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
