Deposit Interest Rate in Iraq decreased to 4.78 percent in 2016 from 4.86 percent in 2015. Deposit Interest Rate in Iraq averaged 6.80 percent from 2004 until 2016, reaching an all time high of 10.54 percent in 2008 and a record low of 4.78 percent in 2016.

Deposit Interest Rate in Iraq is expected to be 5.86 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Iraq is projected to trend around 5.86 percent in 2020, according to our econometric models.

Deposit Interest Rate in Iraq
Forecast Data Chart
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Iraq Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 20.00 4.00 percent [+]
Money Supply M0 73475.00 71835.00 73475.00 6708.00 IQD Billion [+]
Money Supply M1 78479.00 78661.00 78661.00 5774.00 IQD Billion [+]
Money Supply M2 96087.00 97110.00 97110.00 6953.00 IQD Billion [+]
Cash Reserve Ratio 15.00 15.00 25.00 15.00 percent [+]

Deposit Interest Rate in Iraq

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Iraq. Deposit Interest Rate in Iraq - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.78 4.86 10.54 4.78 2004 - 2016 percent Yearly

Country Last Previous
Argentina 57.62 Oct/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.13 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19