Somalia vs Türkiye: Deposit interest rate
Somalia
25.0%
in 1989
Türkiye
57.6%
in 2025
Somalia rank
3rd
Türkiye rank
1st
Deposit interest rate over time
- Somalia
- Türkiye
How they compare
Türkiye currently reports 57.6% against 25.0% in Somalia, a difference of 32.6%.
That makes Türkiye's figure about 2.3 times Somalia's.
Across all 12 years both countries report, Türkiye has been ahead every year.
Somalia ranks 3rd and Türkiye ranks 1st of 152 countries.
Türkiye has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.0% | 6.7% | 2.6% | Türkiye |
| 1980s | 12.6% | 40.4% | 27.8% | Türkiye |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Somalia or Türkiye?
- Türkiye, at 57.6% against 25.0% in Somalia as of 2025.
- What is the difference in deposit interest rate between Somalia and Türkiye?
- 32.6%, with Türkiye ahead.
- How many years of comparable data are there for Somalia and Türkiye?
- 12 years are reported by both, from 1978 to 1989.
- How do Somalia and Türkiye rank globally for deposit interest rate?
- Somalia ranks 3rd and Türkiye ranks 1st of 152 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.