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Interest Rate on Bank Deposits (Local Currency) fell 13.7% to 1.40% in Kuwait in 2021

Interest Rate on Bank Deposits (Local Currency) (%), 2021
Banking | Kuwait | February 16, 2023
$2.99
Excel Sheet

Interest rate on bank deposits fell 13.7% to 1.40% in Kuwait in 2021, according to the National Central Bank.

Historically, interest rate on bank deposits in Kuwait reached an all time high of 9.21% in 1982 and an all time low of 1.40% in 2021.

Kuwait has been ranked 67th within the group of 96 countries we follow in terms of interest rate on bank deposits, 43 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
Bahrain % 0.993% ... ... ... ... ... ...
Iran % ... ... 16.3% 12.8% ... ... ... ... ...
Iraq % ... ... ... 4.86% 4.78% ... ... ... ... ...
Jordan % 3.50% 3.03% 3.43% 4.38% 4.93%
Kuwait % 1.90% 1.62% 1.62% 1.67% 1.89%
Pakistan % ... ... ... 5.97% 4.83% 4.48% 5.23% 9.13%
Qatar % ... ... ... 1.61% 2.45% 2.91% 3.45% 3.63%
Saudi Arabia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Syria % ... ... ... ... ... ... ... ... ... ...
Turkmenistan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
United Arab Emirates % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Yemen % ... ... ... ... ... ... ... ...