Interest rate on bank deposits reached 3.00 % in 2010 in Laos, according to the National Central Bank. This is 7.69 % less than in the previous year.
Historically, interest rate on bank deposits in Laos reached an all time high of 30.0 % in 1989 and an all time low of 3.00 % in 2010. When compared to Laos's main peers, interest rate on bank deposits in Cambodia amounted to 1.26 %, 2.75 % in China, 1.20 % in Thailand and 11.2 % in Vietnam in 2010.
Laos has been ranked 97th within the group of 150 countries we follow in terms of interest rate on bank deposits, 64 places behind the position seen 10 years ago.
The deposit interest rate is the rate paid by commercial or similar banks for deposits.