Article

Bank Deposit Rate in Different Countries
September 21 , 2012
Deposit rate in %
Country Name Year 2007 Year 2008 Year 2009 Year 2010
Yemen, Rep. 13.00 13.00 10.67 18.67
Congo, Dem. Rep. 14.39 7.80 16.07 16.77
Turkey 22.56 22.91 17.65 15.27
Venezuela, RB 10.71 16.15 16.41 14.80
Gambia, The 12.89 12.87 15.50 14.62
Angola 6.76 6.54 7.59 12.76
Myanmar 12.00 12.00 12.00 12.00
Iran, Islamic Rep. 11.60 13.30 13.10 11.94
Mongolia 13.46 11.39 13.28 11.86
Azerbaijan 11.56 12.22 12.20 11.64
Serbia 4.08 7.32 5.06 11.33
Vietnam 7.49 12.73 7.91 11.19
Sao Tome and Principe 12.75 12.75 11.92 11.12
Ukraine 8.12 9.95 13.76 10.56
Madagascar 16.50 11.50 11.50 10.50
Honduras 7.78 9.49 10.82 9.82
Mozambique 11.85 10.98 9.52 9.68
Georgia 9.52 10.39 10.34 9.21
Argentina 7.97 11.05 11.60 9.17
Belarus 8.31 8.53 10.68 9.09
Armenia 6.25 6.63 8.65 8.95
Sierra Leone 10.03 9.72 9.08 8.95
Brazil 10.58 11.66 9.28 8.87
Mauritius 11.77 10.11 8.45 8.35
Pakistan 5.31 6.92 8.68 8.14
Mauritania 8.00 8.00 8.00 8.00
Belize 8.32 8.46 8.37 7.76
Uganda 9.26 10.67 9.75 7.69
Moldova 15.01 17.93 14.94 7.67
Zambia 9.22 6.55 7.09 7.40
Romania 6.70 9.51 11.99 7.31
Bangladesh 9.18 9.65 8.21 7.14
Rwanda 6.77 6.72 7.10
Macedonia, FYR 4.88 5.89 7.05 7.07
Indonesia 7.98 8.49 9.28 7.02
Sri Lanka 9.08 10.89 10.61 6.90
Tanzania 8.68 8.25 7.97 6.57
Nigeria 10.29 11.97 13.30 6.52
South Africa 9.15 11.61 8.54 6.46
Albania 5.66 6.80 6.77 6.42
Jamaica 7.14 7.56 6.97 6.35
Egypt, Arab Rep. 6.10 6.58 6.49 6.23
Syrian Arab Republic 8.36 8.12 6.35 6.22
Lebanon 7.97 7.70 7.32 6.20
Suriname 6.42 6.34 6.38 6.16
Tajikistan 8.43 7.35 5.80 6.09
Iraq 10.43 10.54 7.82 6.06
Russian Federation 5.14 5.76 8.58 6.01
Botswana 8.62 8.67 7.47 5.60
Guatemala 4.76 5.08 5.58 5.45
Fiji 7.04 2.75 4.91 5.41
Costa Rica 6.35 4.15 6.96 5.32
Namibia 7.55 8.38 6.24 5.00
Hungary 6.81 9.92 5.82 4.92
Dominican Republic 6.96 10.35 7.81 4.86
St. Kitts and Nevis 4.60 4.55 4.59 4.59
New Zealand 7.78 7.55 4.04 4.58
Kenya 5.16 5.30 5.97 4.56
Australia 4.53 4.72 3.08 4.21
Uruguay 2.36 3.23 4.40 4.17
Kyrgyz Republic 5.41 3.99 3.87 4.13
Bulgaria 3.68 4.44 6.18 4.08
Maldives 6.50 6.50 6.50 4.05
Tonga 6.77 6.53 5.26 4.03
Ecuador 4.87 4.78 3.90
Korea, Rep. 5.17 5.87 3.48 3.86
Swaziland 7.05 8.17 5.40 3.85
Montenegro 5.08 3.82 3.81 3.70
Morocco 3.67 3.91 3.81 3.69
Lesotho 6.46 7.64 4.85 3.68
Colombia 8.01 9.74 6.15 3.66
Nepal 2.25 2.40 2.50 3.62
Malawi 5.97 3.50 3.50 3.60
Jordan 5.45 5.46 4.94 3.53
Benin 3.50 3.50 3.50 3.50
Burkina Faso 3.50 3.50 3.50 3.50
Cote d'Ivoire 3.50 3.50 3.50 3.50
Guinea-Bissau 3.50 3.50 3.50 3.50
Mali 3.50 3.50 3.50 3.50
Niger 3.50 3.50 3.50 3.50
Senegal 3.50 3.50 3.50 3.50
Togo 3.50 3.50 3.50 3.50
Bahamas, The 3.69 3.92 3.78 3.44
Kosovo 4.00 4.42 3.98 3.38
Antigua and Barbuda 3.52 3.54 3.48 3.37
Oman 4.14 4.48 4.14 3.37
St. Lucia 3.10 3.26 3.25 3.32
Solomon Islands 0.68 0.95 4.15 3.30
Dominica 3.26 3.20 3.20 3.26
Cameroon 4.25 3.75 3.25 3.25
Central African Republic 4.25 3.75 3.25 3.25
Chad 4.25 3.75 3.25 3.25
Congo, Rep. 4.25 3.75 3.25 3.25
Equatorial Guinea 4.25 3.75 3.25 3.25
Gabon 4.25 3.75 3.25 3.25
Philippines 3.70 4.49 2.74 3.22
Bosnia and Herzegovina 3.56 3.48 3.60 3.16
Cape Verde 3.29 3.81 2.88 3.11
Grenada 3.13 3.23 3.27 3.08
Panama 4.76 3.53 3.49 3.04
Lao PDR 5.00 4.67 3.25 3.00
Nicaragua 6.08 6.57 6.01 2.99
Qatar 4.42 2.96 4.24 2.90
Seychelles 3.07 3.97 9.77 2.86
St. Vincent and the Grenadines 2.82 2.79 2.94 2.86
China 4.14 2.25 2.25 2.75
Samoa 6.44 6.06 4.81 2.70
Barbados 5.13 4.46 2.87 2.67
Aruba 4.03 3.62 3.35 2.58
Malaysia 3.17 3.13 2.08 2.50
Libya 2.50 2.50 2.50 2.50
Netherlands 3.89 4.37 2.60 2.35
Kuwait 5.45 4.81 2.83 2.34
Guyana 2.47 2.37 2.32 2.27
Latvia 6.06 6.34 8.04 1.86
Croatia 2.34 2.82 3.20 1.76
Chile 5.61 7.49 2.05 1.75
Algeria 1.75 1.75 1.75 1.75
Comoros 2.50 2.50 1.88 1.75
Israel 3.50 3.30 1.08 1.55
Peru 3.23 3.51 2.83 1.54
Trinidad and Tobago 5.90 7.37 3.42 1.50
France 2.85 3.67 1.92 1.46
Papua New Guinea 1.06 1.31 2.32 1.38
Cambodia 1.90 1.91 1.66 1.26
Bahrain 4.49 1.65 1.58 1.23
Mexico 3.21 3.04 2.01 1.21
Paraguay 5.00 3.08 1.46 1.21
Estonia 4.37 5.72 4.82 1.11
Czech Republic 1.32 1.61 1.27 1.08
Bolivia 3.55 4.66 3.44 1.05
Thailand 2.88 2.48 1.04 1.01
Djibouti 3.16 2.16 1.37 0.96
Micronesia, Fed. Sts. 2.54 2.47 1.29 0.91
Timor-Leste 0.78 0.80 0.83 0.81
Haiti 5.92 2.15 1.13 0.74
San Marino 2.63 2.23 0.96 0.71
Japan 0.81 0.59 0.43 0.50
Brunei Darussalam 1.17 0.88 0.70 0.47
West Bank and Gaza 3.02 0.81 0.40 0.29
Singapore 0.53 0.42 0.29 0.21
Switzerland 2.13 0.16 0.08 0.08
Canada 2.08 1.50 0.10 0.05
Macao SAR, China 2.85 1.10 0.03 0.02
Hong Kong SAR, China 2.42 0.45 0.01 0.01
Afghanistan
American Samoa
Andorra
Austria
Belgium
Bermuda
Bhutan 4.50
Burundi
Cayman Islands
Channel Islands
Cuba
Curacao
Cyprus 3.44
Denmark
El Salvador
Eritrea
Ethiopia 4.11 4.68
Faeroe Islands
Finland
French Polynesia
Germany
Ghana 8.90 11.29 17.06
Greece
Greenland
Guam
Guinea
Iceland
India
Ireland
Isle of Man
Italy
Kazakhstan
Kiribati
Korea, Dem. Rep.
Liberia 3.77 4.00 4.11
Liechtenstein
Lithuania 5.40 7.65 4.81
Luxembourg
Malta
Marshall Islands
Monaco
New Caledonia
Northern Mariana Islands
Norway 4.86 5.50 2.28
Palau
Poland
Portugal
Puerto Rico
Saudi Arabia
Sint Maarten (Dutch part)
Slovak Republic 3.72 3.76
Slovenia 3.60 4.05 1.40
Somalia
South Sudan
Spain
St. Martin (French part)
Sudan
Sweden
Tunisia
Turkmenistan
Turks and Caicos Islands
Tuvalu
United Arab Emirates
United Kingdom
United States
Uzbekistan
Vanuatu 1.31 1.25 1.25
Virgin Islands (U.S.)
Zimbabwe

Interest rate on time deposit, demand deposit, savings deposit of banks in different countries. Since terms applying to deposits vary in countries scope of comparison is limited. Data sourced from World Bank files.

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