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Interest Rate on Bank Deposits (Local Currency) in Algeria

Source: Bank of Algeria, World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.75% in 2021 in Algeria, according to the National Central Bank. This is 0% more than in the previous year.

Historically, interest rate on bank deposits in Algeria reached an all time high of 16.6% in 1995 and an all time low of 1.75% in 2021.

Algeria has been ranked 58th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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