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Interest Rate on Bank Deposits (Local Currency) in Kuwait

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.40% in 2021 in Kuwait, according to the National Central Bank. This is 13.7% less than in the previous year.

Historically, interest rate on bank deposits in Kuwait reached an all time high of 9.21% in 1982 and an all time low of 1.40% in 2021.

Kuwait has been ranked 67th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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