Interest Rate on Bank Deposits rose to 5.67% in Mauritania in 2017

Interest Rate on Bank Deposits (%)
Banking | Mauritania | May 17, 2019
$2.99
Excel Sheet

Interest rate on bank deposits reached 3.34 % in 2013 in Mauritania, according to the National Central Bank. This is 25.3 % less than in the previous year.

Historically, interest rate on bank deposits in Mauritania reached an all time high of 9.42 % in 2000 and an all time low of 3.34 % in 2013. When compared to Mauritania's main peers, interest rate on bank deposits in Algeria amounted to 1.75 %, 7.65 % in Mali, 3.91 % in Morocco and 7.65 % in Senegal in 2013.

Mauritania has been ranked 75th within the group of 147 countries we follow in terms of interest rate on bank deposits, 30 places behind the position seen 10 years ago.

The deposit interest rate is the rate paid by commercial or similar banks for deposits.

Interest Rate on Bank Deposits (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria % 1.75% 1.75% 1.75% 1.75% 1.75%
Burkina Faso % 8.50% 7.99% 7.65% 7.26% 7.00%
Gambia % 11.8% 11.5% 13.4% 16.5% ... ...
Guinea % 17.5% 15.5% 15.8% 11.3% 3.93% ...
Libya % 2.50% 2.50% 2.50% 2.50% ... ... ...
Mali % 8.50% 7.99% 7.65% 7.26% 7.00%
Mauritania % 8.00% 4.02% 3.34% 4.47% 4.66%
Morocco % 3.76% 3.83% 3.91% 3.89% 3.80%
Niger % 8.50% 7.99% 7.65% 7.26% 7.00%
Senegal % 8.50% 7.99% 7.65% 7.26% 7.00%
Spain % 2.62% 2.65% 1.52% 0.849% 0.417% ...
Tunisia % ... ... ... ... ... ... ... ... ...