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Interest Rate on Bank Deposits (Local Currency) in Hungary

Source: OECD, Magyar Nemzeti Bank, World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.01% in 2021 in Hungary, according to the National Central Bank. This is 117% more than in the previous year.

Historically, interest rate on bank deposits in Hungary reached an all time high of 29.2% in 1991 and an all time low of 0.064% in 2018.

Hungary has been ranked 74th within the group of 96 countries we follow in terms of interest rate on bank deposits.

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