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Interest Rate on Bank Deposits (Local Currency) in Algeria

Source: Bank of Algeria
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.75% in third quarter of 2015 in Algeria, according to the National Central Bank. This is 0% more than in the previous quarter.

Historically, interest rate on bank deposits in Algeria reached an all time high of 17.0% in 2Q1995 and an all time low of 1.75% in 3Q2015.

Algeria has been ranked 68th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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