Interest rate on bank deposits reached 6.07 % in 2020 in Bangladesh, according to the National Central Bank. This is 10.4 % less than in the previous year.
Historically, interest rate on bank deposits in Bangladesh reached an all time high of 13.7 % in 1991 and an all time low of % in. When compared to Bangladesh's main peers, interest rate on bank deposits in Bhutan amounted to 3.00 %, 1.50 % in China and 5.83 % in Myanmar in 2020.
Bangladesh has been ranked 23rd within the group of 88 countries we follow in terms of interest rate on bank deposits, 20 places above the position seen 10 years ago.
The deposit interest rate is the rate paid by commercial or similar banks for deposits.