Interest rate on bank deposits reached 5.42% in second quarter of 2014 in Iraq, according to the National Central Bank. This is 3.27% less than in the previous quarter.
Historically, interest rate on bank deposits in Iraq reached an all time high of 11.1% in 1Q2008 and an all time low of 5.42% in 2Q2014.
Iraq has been ranked 40th within the group of 132 countries we follow in terms of interest rate on bank deposits.
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