Countries with the Highest Deposit Interest Rates (2024)
Source: World Bank·25 countries·Updated 2024
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Turkiye leads with deposit interest rate (%) of 71.0%.
Zimbabwe ranks #2 at 62.8%.
Argentina ranks #3 at 54.2%.
Egypt, Arab Rep. ranks #4 at 19.2%.
Uzbekistan ranks #5 at 18.1%.
Top 25 Countries by Deposit Interest Rate (%)
| # | Country | Deposit Interest Rate (%) | Year |
|---|---|---|---|
| 1 |  Turkiye | 71.0% | 2024 |
| 2 |  Zimbabwe | 62.8% | 2023 |
| 3 |  Argentina | 54.2% | 2024 |
| 4 |  Egypt, Arab Rep. | 19.2% | 2024 |
| 5 |  Uzbekistan | 18.1% | 2024 |
| 6 |  Madagascar | 13.0% | 2023 |
| 7 |  Ghana | 11.4% | 2023 |
| 8 |  Georgia | 10.6% | 2024 |
| 9 |  Rwanda | 10.3% | 2024 |
| 10 |  Colombia | 10.2% | 2024 |
| 11 |  Dominican Republic | 9.8% | 2024 |
| 12 |  Suriname | 9.6% | 2024 |
| 13 |  Kenya | 9.2% | 2023 |
| 14 |  Ukraine | 9.1% | 2024 |
| 15 |  Honduras | 8.9% | 2024 |
| 16 |  Zambia | 8.7% | 2020 |
| 17 |  Azerbaijan | 8.6% | 2024 |
| 18 |  Bangladesh | 8.5% | 2024 |
| 19 |  Mozambique | 8.2% | 2024 |
| 20 |  Armenia | 8.1% | 2024 |
| 21 |  South Africa | 7.9% | 2024 |
| 22 |  Nigeria | 7.8% | 2023 |
| 23 |  Gambia, The | 7.7% | 2023 |
| 24 |  Brazil | 7.7% | 2024 |
| 25 |  Russian Federation | 7.6% | 2023 |
Data from 113 countries is available. View full rankings →
FAQ
What is the highest deposit interest rate (%) in 2024?
Turkiye has the highest deposit interest rate (%) at 71.0% in 2024.
How many countries are included in this ranking?
This article features the top 25 countries out of 113 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.