Deposit interest rate (%) in Iraq
Iraq: Deposit interest rate (%) was 4.9% in 2015. ▼ Falling
Deposit interest rate in Iraq, 2005–2015
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2015, deposit interest rate in Iraq stood at 4.9%. That is the lowest value across all 11 years on record.
The figure is down 5.8% on the previous year and down 25.9% over ten years.
Over the whole period, deposit interest rate in Iraq peaked at 10.5% in 2008 and was at its lowest, 4.9%, in 2015.
Iraq ranks 62nd of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Deposit interest rate (%) in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 6.6% | — |
| 2006 | 6.6% | +0.9% |
| 2007 | 10.4% | +57.6% |
| 2008 | 10.5% | +1.1% |
| 2009 | 7.8% | -25.8% |
| 2010 | 6.1% | -22.5% |
| 2011 | 5.9% | -2.4% |
| 2012 | 5.9% | -0.6% |
| 2013 | 5.7% | -2.2% |
| 2014 | 5.2% | -10.2% |
| 2015 | 4.9% | -5.8% |
Iraq compared with similar countries
- Iraq's 4.9% is above the median for upper middle income countries, which is 4.1%, 1.2× the median. (53 countries reporting)
- Iraq's 4.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.4%, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 6.6% | 10.5% | 5 |
| 2010s | 5.6% | 4.9% | 6.1% | 6 |
Countries ranked near Iraq
More financial sector data for Iraq
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 8.44 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.17 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 8.44 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 Iraq?
- Deposit interest rate in Iraq was 4.9% in 2015, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Iraq?
- The highest recorded value was 10.5% in 2008.
- What is the lowest deposit interest rate recorded in Iraq?
- The lowest recorded value was 4.9% in 2015.
- How does Iraq rank for deposit interest rate?
- Iraq ranks 62nd out of 153 countries with data for 2015.
- Is deposit interest rate rising or falling in Iraq?
- Over the last ten years it is down 25.9%. The long-run trend across the full record is falling.
- Where does this Iraq 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.