Deposit interest rate — all countries

Deposit interest rate — Laos

Deposit interest rate in Laos in 2010 — 3%. Ranked 98 in the world out of 140. Since 1989, the indicator has fallen by 27 pp.

2010 3% −0.25 pp vs 2009
World rank 98of 140
Period maximum 30%1989
Period minimum 3%2010

Trend over time

1989–2010 · % per annum

Deposit interest rate — Laos, 1989–20100102030198919921995199820012004200720101989: 30%1990: 30%1991: 23.5%1992: 15%1993: 13.33%1994: 12%1995: 14%1996: 16%1998: 17.79%1999: 13.42%2000: 12%2001: 6.5%2002: 6%2003: 6.58%2004: 7.85%2005: 4.75%2006: 5%2007: 5%2008: 4.67%2009: 3.25%2010: 3%
Change over the period: −27 pp Annual average: -1.29 pp
Deposit interest rate — Laos, by year Laos All countries CSV XLSX
Year % Change, pp
2010 3 −0.25 pp
2009 3.25 −1.42 pp
2008 4.67 −0.33 pp
2007 5 +0 pp
2006 5 +0.25 pp
2005 4.75 −3.1 pp
2004 7.85 +1.27 pp
2003 6.58 +0.58 pp
2002 6 −0.5 pp
2001 6.5 −5.5 pp
2000 12 −1.42 pp
1999 13.42 −4.37 pp
1998 17.79
1996 16 +2 pp
1995 14 +2 pp
1994 12 −1.33 pp
1993 13.33 −1.67 pp
1992 15 −8.5 pp
1991 23.5 −6.5 pp
1990 30 +0 pp
1989 30

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.