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Interest Rate on Bank Deposits (Local Currency) in Ethiopia

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 4.68% in 2008 in Ethiopia, according to the National Central Bank. This is 13.7% more than in the previous year.

Historically, interest rate on bank deposits in Ethiopia reached an all time high of 11.5% in 1993 and an all time low of 2.88% in 1992.

Ethiopia has been ranked 83rd within the group of 152 countries we follow in terms of interest rate on bank deposits.

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