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Interest Rate on Bank Deposits (Local Currency) in Israel

Source: OECD, Bank of Israel, World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 0.442% in 2021 in Israel, according to the National Central Bank. This is 19.4% less than in the previous year.

Historically, interest rate on bank deposits in Israel reached an all time high of 438% in 1984 and an all time low of 0.442% in 2021.

Israel has been ranked 82nd within the group of 96 countries we follow in terms of interest rate on bank deposits.

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