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Interest Rate on Bank Deposits (Local Currency) in Italy

Source: OECD, Bank of Italy, ECB, World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.10% in 2016 in Italy, according to the National Central Bank. This is 8.86% less than in the previous year.

Historically, interest rate on bank deposits in Italy reached an all time high of 15.3% in 1982 and an all time low of 0.795% in 2004.

Italy has been ranked 111th within the group of 144 countries we follow in terms of interest rate on bank deposits.

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