Deposit Interest Rate in Kuwait decreased to 1.60 percent in 2020 from 1.90 percent in 2019. source: World Bank

Deposit Interest Rate in Kuwait averaged 4.67 percent from 1980 until 2020, reaching an all time high of 9.21 percent in 1981 and a record low of 1.60 percent in 2016. This page includes a chart with historical data for Deposit Interest Rate in Kuwait. Deposit Interest Rate in Kuwait - values, historical data and charts - was last updated on September of 2021.

Deposit Interest Rate in Kuwait is expected to reach 1.60 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 Kuwait is projected to trend around 1.60 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Kuwait

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.90 9.21 1.60 1980 - 2020 percent Yearly

Kuwait Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 7.25 1.50 percent [+]
Money Supply M1 12576.30 12936.10 13097.90 1042.40 KWD Million [+]
Interbank Rate 1.56 1.56 11.95 0.63 percent [+]
Money Supply M2 38799.00 39094.00 40508.60 6378.20 KWD Million [+]
Money Supply M3 38799.00 39094.00 40508.60 6516.50 KWD Million [+]
Deposit Interest Rate 1.60 1.90 9.21 1.60 percent [+]
Loan Growth 3.51 3.59 43.80 0.60 percent [+]
Loans To Private Sector 43033.40 42911.60 43033.40 1456.20 KWD Million [+]
Reverse Repo Rate 0.88 0.88 5.87 0.75 percent [+]
Banks Balance Sheet 73866.40 74915.20 74915.20 9942.20 KWD Million [+]
Central Bank Balance Sheet 12592.40 13046.30 14063.90 1046.40 KWD Million [+]
Foreign Exchange Reserves 800.00 -1073.00 826.00 -1159.00 KWD million [+]


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