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 | % | ... | ... | ... | ... | ... | ... | ... | ... |