Deposit Interest Rate by Country
Average rate paid by banks on deposits. Latest values for 152 economies.
Among 152 countries, Turkey has the highest deposit interest rate at 57.60% and Micronesia the lowest at 0.04% (latest available readings).
Deposit Interest Rate by Region
Latest available reading (periods may differ by country). Choose a region or “All countries”.
Deposit Interest Rate — All Countries
Sorted by latest value. Click headers to re-sort.
| # | Country | Last | Previous | Period |
|---|---|---|---|---|
| 1 |  Turkey | 57.60% | 71.04% | 2025 |
| 2 | Argentina | 34.86% | 54.25% | 2025 |
| 3 | Somalia, Fed. Rep. | 25.00% | 20.63% | 1989 |
| 4 | Egypt | 19.16% | 12.65% | 2024 |
| 5 | Uzbekistan | 18.12% | 18.02% | 2024 |
| 6 | Yemen | 15.25% | 19.50% | 2013 |
| 7 | Venezuela | 14.73% | 15.09% | 2017 |
| 8 | Russia | 14.62% | 7.57% | 2024 |
| 9 | Iran | 12.80% | 16.30% | 2016 |
| 10 | Honduras | 12.44% | 8.91% | 2025 |
| 11 | Madagascar | 12.08% | 12.58% | 2025 |
| 12 | Kenya | 11.98% | 9.17% | 2024 |
| 13 | Nigeria | 11.27% | 11.62% | 2025 |
| 14 | Serbia | 11.20% | 15.39% | 2010 |
| 15 | Georgia | 10.59% | 10.40% | 2025 |
| 16 | Ghana | 10.50% | 10.50% | 2025 |
| 17 | Rwanda | 10.33% | 9.65% | 2024 |
| 18 | Ukraine | 9.95% | 9.11% | 2025 |
| 19 | Dominican Republic | 9.77% | 9.16% | 2024 |
| 20 | Lebanon | 9.70% | 7.72% | 2019 |
| 21 | Uganda | 9.38% | 9.70% | 2018 |
| 22 | Azerbaijan | 9.36% | 8.59% | 2025 |
| 23 | Bangladesh | 9.35% | 8.52% | 2025 |
| 24 | Colombia | 8.96% | 10.17% | 2025 |
| 25 | Zambia | 8.72% | 8.29% | 2020 |
| 26 | Sri Lanka | 8.71% | 8.85% | 2019 |
| 27 | Armenia | 8.03% | 8.15% | 2025 |
| 28 | Angola | 7.98% | 7.40% | 2025 |
| 29 | DR Congo | 7.89% | 3.74% | 2025 |
| 30 | Brazil | 7.70% | 12.14% | 2024 |
| 31 | South Africa | 7.48% | 7.92% | 2025 |
| 32 | Uruguay | 7.30% | 7.30% | 2025 |
| 33 | Sierra Leone | 7.04% | 6.79% | 2025 |
| 34 | Ivory Coast | 6.93% | 7.00% | 2016 |
| 35 | Guinea-Bissau | 6.93% | 7.00% | 2016 |
| 36 | Mali | 6.93% | 7.00% | 2016 |
| 37 | Niger | 6.93% | 7.00% | 2016 |
| 38 | Senegal | 6.93% | 7.00% | 2016 |
| 39 | Togo | 6.93% | 7.00% | 2016 |
| 40 | Belarus | 6.76% | 5.56% | 2025 |
| 41 | Suriname | 6.69% | 9.61% | 2025 |
| 42 | Tanzania | 6.68% | 7.10% | 2020 |
| 43 | Mongolia | 6.60% | 10.26% | 2021 |
| 44 | Gambia | 6.50% | 6.50% | 2025 |
| 45 | Zimbabwe | 6.24% | 17.93% | 2025 |
| 46 | Chile | 6.07% | 10.41% | 2024 |
| 47 | Myanmar | 5.83% | 8.00% | 2020 |
| 48 | Mozambique | 5.77% | 8.24% | 2025 |
| 49 | Pakistan | 5.75% | 7.47% | 2021 |
| 50 | Hungary | 5.71% | 6.18% | 2025 |
| 51 | Mauritania | 5.67% | 5.33% | 2017 |
| 52 | Jordan | 5.47% | 6.04% | 2025 |
| 53 | Indonesia | 5.41% | 5.43% | 2025 |
| 54 | Namibia | 5.38% | 5.39% | 2024 |
| 55 | Benin | 5.30% | 5.10% | 2021 |
| 56 | Burkina Faso | 5.30% | 5.10% | 2021 |
| 57 | Ecuador | 5.30% | 7.09% | 2025 |
| 58 | Romania | 5.23% | 5.53% | 2025 |
| 59 | Tajikistan | 5.18% | 3.84% | 2019 |
| 60 | Jamaica | 5.16% | 6.23% | 2025 |
| 61 | Guatemala | 5.11% | 4.93% | 2025 |
| 62 | Iraq | 4.86% | 5.16% | 2015 |
| 63 | Peru | 4.82% | 0.70% | 2022 |
| 64 | Vietnam | 4.78% | 3.82% | 2023 |
| 65 | Moldova | 4.76% | 3.34% | 2025 |
| 66 | Qatar | 4.68% | 5.20% | 2025 |
| 67 | Ethiopia | 4.68% | 4.11% | 2008 |
| 68 | Mauritius | 4.54% | 4.14% | 2025 |
| 69 | Bhutan | 4.50% | 4.50% | 2025 |
| 70 | United Kingdom | 4.48% | 3.63% | 1998 |
| 71 | Haiti | 4.28% | 4.65% | 2025 |
| 72 | Oman | 4.15% | 4.03% | 2021 |
| 73 | Philippines | 4.08% | 3.12% | 2019 |
| 74 | New Zealand | 3.95% | 5.73% | 2025 |
| 75 | Bolivia | 3.92% | 3.20% | 2025 |
| 76 | Eswatini | 3.90% | 4.44% | 2024 |
| 77 | Liberia | 3.80% | 3.66% | 2025 |
| 78 | Maldives | 3.55% | 3.72% | 2025 |
| 79 | Costa Rica | 3.44% | 3.69% | 2025 |
| 80 | Paraguay | 3.42% | 3.37% | 2021 |
| 81 | Guinea | 3.33% | 3.33% | 2021 |
| 82 | Norway | 3.21% | 3.26% | 2025 |
| 83 | Laos | 3.00% | 3.25% | 2010 |
| 84 | Aruba | 2.80% | 1.80% | 2023 |
| 85 | Panama | 2.80% | 2.70% | 2006 |
| 86 | South Korea | 2.73% | 3.48% | 2025 |
| 87 | North Macedonia | 2.72% | 2.41% | 2025 |
| 88 | Morocco | 2.68% | 2.85% | 2025 |
| 89 | Kuwait | 2.62% | 2.70% | 2025 |
| 90 | Mexico | 2.55% | 4.55% | 2025 |
| 91 | Libya | 2.50% | 2.50% | 2014 |
| 92 | Seychelles | 2.47% | 2.39% | 2025 |
| 93 | Lesotho | 2.46% | 2.44% | 2024 |
| 94 | Cameroon | 2.45% | 2.45% | 2018 |
| 95 | Central African Republic | 2.45% | 2.45% | 2016 |
| 96 | Chad | 2.45% | 2.45% | 2016 |
| 97 | Republic of the Congo | 2.45% | 2.45% | 2016 |
| 98 | Equatorial Guinea | 2.45% | 2.45% | 2017 |
| 99 | Gabon | 2.45% | 2.45% | 2017 |
| 100 | Netherlands | 2.44% | 2.74% | 2013 |
| 101 | Malaysia | 2.42% | 2.65% | 2025 |
| 102 | Sao Tome and Principe | 2.37% | 2.61% | 2025 |
| 103 | Botswana | 2.35% | 2.95% | 2024 |
| 104 | Nicaragua | 2.27% | 2.25% | 2025 |
| 105 | Palestine | 2.24% | 2.43% | 2021 |
| 106 | St Kitts and Nevis | 2.15% | 2.10% | 2025 |
| 107 | Comoros | 2.06% | 1.75% | 2022 |
| 108 | Belize | 1.98% | 2.07% | 2025 |
| 109 | Bosnia and Herzegovina | 1.89% | 1.61% | 2025 |
| 110 | Albania | 1.86% | 1.35% | 2024 |
| 111 | Algeria | 1.75% | 1.75% | 2025 |
| 112 | Fiji | 1.71% | 1.20% | 2024 |
| 113 | Kyrgyzstan | 1.67% | 1.30% | 2024 |
| 114 | Czech Republic | 1.60% | 2.04% | 2025 |
| 115 | Samoa | 1.58% | 1.59% | 2025 |
| 116 | Australia | 1.56% | 1.98% | 2019 |
| 117 | San Marino | 1.55% | 2.29% | 2025 |
| 118 | Dominica | 1.54% | 1.60% | 2025 |
| 119 | Cape Verde | 1.53% | 1.67% | 2025 |
| 120 | Tonga | 1.51% | 1.55% | 2025 |
| 121 | China | 1.50% | 1.50% | 2024 |
| 122 | Trinidad and Tobago | 1.50% | 1.50% | 2025 |
| 123 | Croatia | 1.35% | 1.52% | 2014 |
| 124 | Antigua and Barbuda | 1.33% | 1.35% | 2025 |
| 125 | Kosovo | 1.31% | 1.04% | 2018 |
| 126 | Cambodia | 1.29% | 1.52% | 2025 |
| 127 | St Vincent and the Grenadines | 1.24% | 1.25% | 2025 |
| 128 | St Lucia | 1.18% | 1.21% | 2025 |
| 129 | Thailand | 1.15% | 1.63% | 2025 |
| 130 | Sweden | 1.09% | 0.82% | 2006 |
| 131 | Bahrain | 0.99% | 0.98% | 2015 |
| 132 | Grenada | 0.95% | 0.95% | 2025 |
| 133 | France | 0.79% | 0.76% | 2017 |
| 134 | Guyana | 0.78% | 0.78% | 2025 |
| 135 | Bahamas | 0.59% | 0.54% | 2025 |
| 136 | Timor-Leste | 0.46% | 0.53% | 2025 |
| 137 | Israel | 0.44% | 0.44% | 2022 |
| 138 | Solomon Islands | 0.41% | 0.45% | 2023 |
| 139 | Macao | 0.32% | 0.66% | 2025 |
| 140 | Japan | 0.32% | 0.30% | 2017 |
| 141 | Brunei | 0.31% | 0.39% | 2025 |
| 142 | Vanuatu | 0.31% | 0.62% | 2025 |
| 143 | Montenegro | 0.27% | 0.25% | 2025 |
| 144 | Papua New Guinea | 0.26% | 0.33% | 2024 |
| 145 | Bulgaria | 0.25% | 0.33% | 2025 |
| 146 | Hong Kong | 0.20% | 0.53% | 2025 |
| 147 | Barbados | 0.14% | 0.15% | 2022 |
| 148 | Singapore | 0.12% | 0.18% | 2021 |
| 149 | Canada | 0.10% | 0.10% | 2017 |
| 150 | South Sudan | 0.08% | 0.14% | 2025 |
| 151 | Switzerland | 0.08% | 0.79% | 2025 |
| 152 | Micronesia | 0.04% | 0.07% | 2021 |
Deposit Interest Rate around the world — in simple words
Overview
Deposit Interest Rate is available for 119 economies with recent data. The median value is 3.90% and the simple average is 5.21%.
Highest: Turkey (57.60%), Argentina (34.86%), Egypt (19.16%), Uzbekistan (18.12%), Russia (14.62%).
Lowest: Micronesia (0.04%), Switzerland (0.08%), South Sudan (0.08%), Singapore (0.12%), Barbados (0.14%).
Major economies
Among the 9 major economies tracked here, Brazil (7.70%) has the highest reading and Switzerland (0.08%) the lowest. Their median is 2.55%.
Deposit Interest Rate — Regional Medians
Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.
| Region | Countries | Median |
|---|---|---|
| East Asia & Pacific | 24 | 1.50% |
| Europe & Central Asia | 22 | 4.97% |
| Latin America & Caribbean | 30 | 3.43% |
| Middle East, North Africa, Afghanistan & Pakistan | 11 | 4.15% |
| South Asia | 4 | 6.61% |
| Sub-Saharan Africa | 28 | 5.57% |
Understanding Deposit Interest Rate — a simple guide
What it measures
The average rate banks pay on deposits.
How it is calculated
Average rate paid by banks on deposits.
A 6% deposit rate pays ₹6,000 a year on ₹1 lakh.
Higher deposit rates reward saving.
Low deposit rates (especially below inflation) reduce real returns for savers.
Why it matters for the economy and markets
Deposit rates affect household savings incentives and banks’ funding costs.
How to read it
Compare with inflation to see whether savers earn a positive real return.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What does deposit interest rate measure?
Which country has the highest deposit interest rate?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.