Deposit interest rate in Egypt

Egypt: Deposit interest rate was 19.2% in 2024. ▲ Rising

Latest (2024)
19.2%
Change on year
up 51.4%
World rank
4th
of 152 countries
All-time high
19.2%
in 2024
All-time low
3.0%
in 1976
Years of data
49
1976–2024

Deposit interest rate in Egypt, 1976–2024

5101520197620002024

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2024, deposit interest rate in Egypt stood at 19.2%. That is the highest value across all 49 years on record.

That represents a change of up 51.4% on the previous year and up 177.0% over ten years.

Over the whole period, deposit interest rate in Egypt peaked at 19.2% in 2024 and was at its lowest, 3.0%, in 1976.

That places Egypt 4th out of 152 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 49 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.1% 3.0% 7.0% 4
1980s 10.7% 8.3% 11.7% 10
1990s 11.0% 9.2% 12.0% 10
2000s 7.7% 6.0% 9.5% 10
2010s 8.5% 6.2% 12.3% 10
2020s 11.1% 7.4% 19.2% 5

Countries ranked near Egypt

  1. 1 Turkey 57.6% compare
  2. 2 Argentina 34.9% compare
  3. 3 Somalia 25.0% compare
  4. 5 Uzbekistan 18.1% compare
  5. 6 Yemen 15.2% compare
  6. 7 Venezuela 14.7% compare

See the full ranking of 152 places →

More financial sector data for Egypt

All data for Egypt →

Frequently asked questions

What is deposit interest rate in Egypt?
Deposit interest rate in Egypt was 19.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Egypt?
The highest recorded value was 19.2% in 2024.
What is the lowest deposit interest rate recorded in Egypt?
The lowest recorded value was 3.0% in 1976.
How does Egypt rank for deposit interest rate?
Egypt ranks 4th out of 152 countries with data for 2024.
Is deposit interest rate rising or falling in Egypt?
Over the last ten years it is up 177.0%. The long-run trend across the full record is rising.
Where does this Egypt data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.