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Interest Rate on Bank Deposits (Local Currency)

Source: Source: National Central Bank (3-12 months)
Last Updated: Feb 1, 2023

Based on a comparison of 98 countries in 2021, Argentina ranked the highest in interest rate on bank deposits with 33.5% followed by Turkey and Uzbekistan. On the other end of the scale was Switzerland with -0.419%, Bulgaria with 0.016% and Hong Kong with 0.020%.

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