Deposit Interest Rate in Ethiopia increased to 4.68 in 2008 from 4.11 in 2007. source: World Bank

Deposit Interest Rate in Ethiopia averaged 6.06 percent from 1985 until 2008, reaching an all time high of 11.50 percent in 1993 and a record low of 3.35 percent in 2003. This page includes a chart with historical data for Deposit Interest Rate in Ethiopia. Deposit Interest Rate in Ethiopia - values, historical data and charts - was last updated on May of 2021.

Deposit Interest Rate in Ethiopia is expected to reach 4.68 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Ethiopia is projected to trend around 4.68 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Ethiopia

Actual Previous Highest Lowest Dates Unit Frequency
4.68 4.11 11.50 3.35 1985 - 2008 percent Yearly

Ethiopia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 11.00 3.00 percent [+]

Deposit Interest Rate in Ethiopia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.