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Interest Rate on Bank Deposits (Local Currency) in Iran

Source: The Central Bank of the Islamic Republic of Iran
Last Updated: July 24, 2023

Interest rate on bank deposits reached 16.4% in third quarter of 2015 in Iran, according to the National Central Bank. This is 7.34% less than in the previous quarter.

Historically, interest rate on bank deposits in Iran reached an all time high of 17.7% in 2Q2015 and an all time low of 11.1% in 3Q2011.

Iran has been ranked 3rd within the group of 102 countries we follow in terms of interest rate on bank deposits.

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