Bank Deposit Interest Rate

Global Ranking

percentSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Argentina	113.2	9-2023	1	90.67
2	Venezuela	36	7-2023	2	36
3	Turkey	35.61	9-2023	3	27.39
4	Uzbekistan	19.7	8-2023	4	20.61
5	Suriname	19.55	6-2023	5	14.86
6 ↑	Kazakhstan	14.1	6-2023	7	13.6
7 ↑	Ukraine	14.09	6-2023	11	12.81
8	Tajikistan	13.92	7-2023	8	13.5
9 ↓	Belarus	13.21	1-2022	6	14.66
10	Colombia	13.07	9-2023	10	13.02
11 ↓	Hungary	12.72	6-2023	9	13.48
12 ↑	Mongolia	12.56	7-2023	13	12.43
13 ↑	Kyrgyzstan	12.23	6-2023	14	12.21
14 ↑	Brazil	12	6-2023	15	12.2
15 ↑	Egypt	11.9	6-2023	18	10.8
16	Georgia	11.23	9-2023	16	11.65
17 ↓	Ghana	11	6-2023	12	12.5
18 ↓	Uganda	10.96	6-2023	17	11.09
19 ↑	Angola	10.57	6-2023	22	9.9
20 ↓	Nepal	10.25	7-2023	19	10.73
21 ↑	Sierra Leone	9.83	3-2023	23	9.83
22 ↑	Rwanda	9.47	5-2023	25	9.33
23 ↑	Armenia	9.36	9-2023	26	9.32
24 ↑	Tanzania	8.93	8-2023	29	8.34
25 ↑	Uruguay	8.8	8-2023	27	9.09
26 ↓	Chile	8.78	9-2023	20	10.67
27 ↓	Dominican Republic	8.65	6-2023	24	9.41
28	Azerbaijan	8.54	7-2023	28	8.96
29 ↑	South Africa	8.4	6-2023	30	8.05
30 ↑	Vietnam	7.95	4-2023	40	6.9
31	Mozambique	7.94	1-2022	31	7.98
32	Nigeria	7.83	6-2023	32	7.84
33 ↑	Kenya	7.82	6-2023	34	7.6
34 ↓	Ethiopia	7.7	3-2023	33	7.76
35 ↑	Peru	7.69	6-2023	36	7.34
36 ↓	Costa Rica	7.57	9-2023	21	10.35
37	Jamaica	7.44	7-2023	37	7.14
38	Zambia	7.19	9-2023	38	7.12
39	Romania	6.82	9-2023	39	6.96
40	Burundi	6.8	5-2023	40	6.9
40 ↑	Mexico	6.8	6-2023	42	6.62
42 ↑	Cambodia	6.64	4-2023	45	6.12
43 ↑	India	6.47	6-2023	44	6.28
44 ↓	Madagascar	6.21	3-2023	35	7.54
45 ↑	Niger	6.12	6-2023	47	6.03
46	Czech Republic	6.09	6-2023	46	6.04
47 ↑	Guatemala	5.87	9-2023	52	5.63
47 ↑	Honduras	5.87	6-2023	58	5.24
49 ↓	Poland	5.8	6-2023	48	5.89
50 ↑	New Zealand	5.71	7-2023	57	5.25
51 ↑	El Salvador	5.54	6-2023	59	5.19
51 ↑	Jordan	5.54	6-2023	60	5.12
53 ↓	Burkina Faso	5.53	6-2023	51	5.67
54 ↑	Namibia	5.5	8-2023	55	5.37
55 ↓	Laos	5.45	7-2023	53	5.43
56	Senegal	5.44	6-2023	56	5.34
57 ↓	Togo	5.41	6-2023	50	5.7
58 ↓	Russia	5.4	6-2023	49	5.81
59 ↓	Benin	5.31	6-2023	54	5.41
60 ↑	United Kingdom	5.18	9-2023	71	4.17
61 ↑	Mali	5.14	6-2023	62	5.04
62 ↑	Swaziland	5.09	7-2023	65	4.94
63 ↓	Bhutan	5.07	6-2023	61	5.07
64 ↑	Indonesia	5.06	6-2023	66	4.93
65 ↓	Burma (Myanmar)	5	1-2023	63	5
66 ↑	Qatar	4.74	7-2023	70	4.31
67 ↓	Nicaragua	4.69	6-2023	64	4.98
68 ↓	Ivory Coast	4.67	6-2023	67	4.68
69 ↓	Kuwait	4.42	6-2023	68	4.43
70 ↑	Oman	4.4	6-2023	72	4.05
71 ↓	Bangladesh	4.38	6-2023	69	4.38
72 ↑	Estonia	4.28	9-2023	73	3.85
73 ↑	Philippines	4.25	5-2023	75	3.75
74	Serbia	4.13	6-2023	74	3.82
75 ↓	Moldova	4.04	9-2023	43	6.47
76 ↑	South Korea	3.74	6-2023	78	3.57
77 ↑	Paraguay	3.66	6-2023	81	3.37
78 ↑	Norway	3.65	6-2023	83	3.3
79 ↑	Australia	3.6	7-2023	84	3.25
80 ↓	Liberia	3.53	4-2023	79	3.53
80 ↓	Lesotho	3.53	6-2021	79	3.53
82 ↓	Tonga	3.47	6-2022	77	3.66
83 ↑	Lithuania	3.45	6-2023	107	2.01
83 ↑	Sweden	3.45	9-2023	85	3.04
85 ↑	Italy	3.35	6-2023	88	2.82
86 ↓	Guinea	3.17	6-2023	82	3.34
87 ↓	Bahrain	3.14	6-2023	86	2.9
88 ↓	Maldives	3.13	6-2023	87	2.86
89 ↑	France	3.04	6-2023	94	2.46
90 ↓	Guinea-Bissau	3.03	6-2023	75	3.75
91 ↑	Belgium	3.02	6-2023	93	2.48
92	Denmark	2.93	9-2023	92	2.51
93 ↓	Malaysia	2.89	6-2023	89	2.7
94 ↓	Morocco	2.85	6-2023	90	2.58
95 ↑	Finland	2.81	6-2023	96	2.35
96 ↑	Germany	2.78	6-2023	102	2.19
97 ↓	Luxembourg	2.76	6-2023	96	2.35
98 ↑	Austria	2.74	6-2023	100	2.24
99 ↑	Latvia	2.68	6-2023	117	1.37
100 ↓	Netherlands	2.65	6-2023	95	2.36
101 ↓	Seychelles	2.6	6-2023	91	2.53
102 ↑	Iceland	2.45	9-2023	104	2.12
103 ↓	Sao Tome and Principe	2.32	6-2023	98	2.32
104 ↑	Spain	2.22	6-2023	120	1.36
105 ↑	Singapore	2.15	6-2023	108	1.96
106 ↓	Papua New Guinea	2.13	3-2023	101	2.23
107 ↓	Saint Vincent and the Grenadines	2.05	12-2020	105	2.05
107 ↓	Libya	2.05	5-2017	105	2.05
109 ↑	Barbados	2	6-2023	129	1
110 ↓	Vanuatu	1.9	12-2022	99	2.25
111 ↓	Malta	1.87	6-2023	110	1.61
112 ↓	Samoa	1.82	3-2023	109	1.79
113	Macedonia	1.79	6-2023	113	1.44
114 ↓	Gambia	1.6	6-2022	111	1.6
115 ↓	Switzerland	1.59	6-2023	114	1.43
116 ↓	Taiwan	1.58	6-2023	112	1.58
116 ↑	Portugal	1.58	6-2023	132	0.88
118 ↑	Slovakia	1.53	6-2023	127	1.04
119 ↓	Thailand	1.48	9-2023	115	1.4
120 ↑	Greece	1.42	6-2023	125	1.16
121 ↓	Cape Verde	1.36	6-2023	117	1.37
122 ↓	Saint Lucia	1.3	12-2020	121	1.3
122 ↓	Antigua and Barbuda	1.3	12-2020	121	1.3
124	Botswana	1.27	9-2022	124	1.18
125 ↑	Lebanon	1.24	5-2023	130	0.98
126 ↑	Cyprus	1.21	6-2023	141	0.47
127 ↑	Croatia	1.19	6-2023	139	0.52
128 ↓	Montenegro	1.17	9-2023	123	1.25
129 ↑	Albania	1.13	12-2022	131	0.92
130 ↓	Montserrat	1.05	12-2020	126	1.05
131 ↓	Solomon Islands	1.03	6-2023	117	1.37
132 ↓	Guyana	1.02	6-2023	128	1.02
133 ↑	Ireland	0.99	6-2023	142	0.44
134 ↓	Aruba	0.9	6-2023	115	1.4
135 ↑	Bosnia and Herzegovina	0.72	6-2023	143	0.24
135 ↑	Slovenia	0.72	6-2023	136	0.58
137 ↓	Grenada	0.68	12-2020	134	0.68
138 ↓	Bulgaria	0.59	9-2023	133	0.7
139 ↓	Dominica	0.55	12-2020	138	0.55
140 ↓	Bahamas	0.54	6-2023	137	0.56
141 ↓	Brunei	0.48	6-2023	140	0.48
142 ↓	Fiji	0.43	6-2023	103	2.18
143 ↓	Trinidad and Tobago	0.38	3-2023	135	0.65
144	Japan	0.09	6-2023	144	0.06

Definition of Bank Deposit Interest Rate

The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.