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Interest Rate on Bank Deposits (Local Currency) in Israel

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

Interest rate on bank deposits reached 0.489% in first quarter of 2015 in Israel, according to the National Central Bank. This is 13.6% less than in the previous quarter.

Historically, interest rate on bank deposits in Israel reached an all time high of 16.9% in 4Q1991 and an all time low of 0.489% in 1Q2015.

Israel has been ranked 113th within the group of 125 countries we follow in terms of interest rate on bank deposits.

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