Deposit interest rate (%) in Egypt
Egypt: Deposit interest rate (%) was 19.2% in 2024. ▲ Rising
Deposit interest rate in Egypt, 1976–2024
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 153 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.
Deposit interest rate (%) in Egypt, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 3.0% | — |
| 1977 | 4.7% | +55.6% |
| 1978 | 5.9% | +25.9% |
| 1979 | 7.0% | +19.1% |
| 1980 | 8.3% | +19.0% |
| 1981 | 10.0% | +20.0% |
| 1982 | 11.0% | +10.0% |
| 1983 | 11.0% | +0.0% |
| 1984 | 11.0% | +0.0% |
| 1985 | 11.0% | +0.0% |
| 1986 | 11.0% | +0.0% |
| 1987 | 11.0% | +0.0% |
| 1988 | 11.0% | +0.0% |
| 1989 | 11.7% | +6.1% |
| 1990 | 12.0% | +2.9% |
| 1991 | 12.0% | +0.0% |
| 1992 | 12.0% | +0.0% |
| 1993 | 12.0% | +0.0% |
| 1994 | 11.8% | -1.4% |
| 1995 | 10.9% | -7.7% |
| 1996 | 10.5% | -3.4% |
| 1997 | 9.8% | -6.7% |
| 1998 | 9.4% | -4.8% |
| 1999 | 9.2% | -1.5% |
| 2000 | 9.5% | +2.6% |
| 2001 | 9.5% | +0.0% |
| 2002 | 9.3% | -1.3% |
| 2003 | 8.2% | -11.9% |
| 2004 | 7.7% | -6.1% |
| 2005 | 7.2% | -6.5% |
| 2006 | 6.0% | -16.7% |
| 2007 | 6.1% | +1.4% |
| 2008 | 6.6% | +7.9% |
| 2009 | 6.5% | -1.4% |
| 2010 | 6.2% | -4.0% |
| 2011 | 6.7% | +8.2% |
| 2012 | 7.6% | +13.3% |
| 2013 | 7.7% | +0.5% |
| 2014 | 6.9% | -10.0% |
| 2015 | 6.9% | -0.1% |
| 2016 | 7.9% | +13.8% |
| 2017 | 12.1% | +53.9% |
| 2018 | 12.3% | +1.9% |
| 2019 | 10.9% | -11.1% |
| 2020 | 7.8% | -28.9% |
| 2021 | 7.4% | -4.9% |
| 2022 | 8.4% | +13.9% |
| 2023 | 12.7% | +50.1% |
| 2024 | 19.2% | +51.4% |
Egypt compared with similar countries
- Egypt's 19.2% is above the median for lower middle income countries, which is 5.2%, 3.7× the median. (42 countries reporting)
- Egypt's 19.2% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.4%, 4.3× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate (%) in Egypt changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +55.6% | 3.0% | 4.7% |
| 2017 | +53.9% | 7.9% | 12.1% |
| 2024 | +51.4% | 12.7% | 19.2% |
| 2023 | +50.1% | 8.4% | 12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Egypt
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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 153 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
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.