Deposit interest rate in Ethiopia
Ethiopia: Deposit interest rate was 4.7% in 2008. ▼ Falling
Deposit interest rate in Ethiopia, 1985–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Ethiopia is 4.7%, measured in 2008.
That represents a change of up 13.7% on the previous year and down 22.1% over ten years.
Over the whole period, deposit interest rate in Ethiopia peaked at 11.5% in 1993 and was at its lowest, 2.9%, in 1992.
That places Ethiopia 68th out of 152 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.0% | 4.0% | 4.0% | 1 |
| 1990s | 8.2% | 2.9% | 11.5% | 8 |
| 2000s | 4.3% | 3.4% | 6.0% | 9 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Domestic credit to private sector by banks 17.6% (2008)
- Total reserves in months of imports 1.78 (2024)
- Net domestic credit 92.23 billion current LCU (2008)
- Net foreign assets 13.12 billion current LCU (2008)
- Monetary Sector credit to private sector 17.7% (2008)
- Broad money 34.0% (2008)
- Claims on central government, etc. 14.8% (2008)
- Domestic credit to private sector 17.7% (2008)
- Official exchange rate 82.6 LCU per US$, period average (2024)
- Net migration 24,054 (2025)
Frequently asked questions
- What is deposit interest rate in Ethiopia?
- Deposit interest rate in Ethiopia was 4.7% in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Ethiopia?
- The highest recorded value was 11.5% in 1993.
- What is the lowest deposit interest rate recorded in Ethiopia?
- The lowest recorded value was 2.9% in 1992.
- How does Ethiopia rank for deposit interest rate?
- Ethiopia ranks 68th out of 152 countries with data for 2008.
- Is deposit interest rate rising or falling in Ethiopia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
- Where does this Ethiopia 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.
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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.