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Interest Rate on Bank Deposits (Local Currency) in Ethiopia

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 4.69% in fourth quarter of 2008 in Ethiopia, according to the National Central Bank. This is 0.021% more than in the previous quarter.

Historically, interest rate on bank deposits in Ethiopia reached an all time high of 11.5% in 4Q1992 and an all time low of 3.26% in 2Q2002.

Ethiopia has been ranked 75th within the group of 142 countries we follow in terms of interest rate on bank deposits.

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