Interest rate on bank deposits fell 25.3% to 1.88% in Qatar in 2021, according to the National Central Bank.
Historically, interest rate on bank deposits in Qatar reached an all time high of 6.63% in 1997 and an all time low of 1.35% in 2014.
Qatar has been ranked 53rd within the group of 96 countries we follow in terms of interest rate on bank deposits, 69 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% | ||||||||||||||||
Oman | % | 1.90% | 2.56% | 3.44% | 3.57% | 3.88% | ||||||||||||||||
Pakistan | % | ... | ... | ... | 5.97% | 4.83% | 4.48% | 5.23% | 9.13% | |||||||||||||
Qatar | % | ... | ... | ... | 1.61% | 2.45% | 2.91% | 3.45% | 3.63% | |||||||||||||
Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
United Arab Emirates | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Yemen | % | ... | ... | ... | ... | ... | ... | ... | ... |