Interest rate on bank deposits fell 10.4% to 2.57% in Morocco in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Morocco reached an all time high of 8.50% in 1988 and an all time low of 2.57% in 2021.
Morocco has been ranked 48th within the group of 96 countries we follow in terms of interest rate on bank deposits, 31 places above the position seen 10 years ago.
Interest Rate on Bank Deposits (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | ||||||||||||||||
France | % | 0.896% | 0.758% | 0.792% | ... | ... | ... | ... | ||||||||||||||
Italy | % | 1.20% | 1.10% | ... | ... | ... | ... | ... | ||||||||||||||
Libya | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Mali | % | 7.00% | 6.93% | 6.49% | ... | ... | ... | ... | ||||||||||||||
Malta | % | ... | ... | ... | ... | ... | ... | 1.00% | 0.968% | ... | ... | ... | ... | ... | ||||||||
Mauritania | % | 4.66% | 5.33% | 5.67% | ... | ... | ... | ... | ||||||||||||||
Morocco | % | 3.80% | 3.46% | 3.12% | 3.09% | 3.01% | ||||||||||||||||
Portugal | % | ... | ... | 0.773% | 0.400% | ... | ... | ... | ... | ... | ||||||||||||
Senegal | % | 7.00% | 6.93% | 6.49% | ... | ... | ... | ... | ||||||||||||||
Spain | % | 0.417% | 0.197% | ... | ... | ... | ... | ... | ||||||||||||||
Tunisia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |