Interest rate on bank deposits reached 4.68% in 2008 in Ethiopia, according to the National Central Bank. This is 13.7% more than in the previous year.
Historically, interest rate on bank deposits in Ethiopia reached an all time high of 11.5% in 1993 and an all time low of 2.88% in 1992.
Ethiopia has been ranked 79th within the group of 147 countries we follow in terms of interest rate on bank deposits.
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