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Interest Rate on Bank Deposits (Local Currency) in Iraq

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 4.78% in 2016 in Iraq, according to the National Central Bank. This is 1.58% less than in the previous year.

Historically, interest rate on bank deposits in Iraq reached an all time high of 10.5% in 2008 and an all time low of 4.78% in 2016.

Iraq has been ranked 55th within the group of 144 countries we follow in terms of interest rate on bank deposits.

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