Deposit interest rate in Kyrgyzstan
Kyrgyzstan: Deposit interest rate was 1.7% in 2024. ◆ Volatile
Deposit interest rate in Kyrgyzstan, 1996–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, deposit interest rate in Kyrgyzstan stood at 1.7%.
That represents a change of up 28.8% on the previous year and down 32.8% over ten years.
Over the whole period, deposit interest rate in Kyrgyzstan peaked at 35.4% in 1998 and was at its lowest, 1.3%, in 2021.
Kyrgyzstan ranks 113th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate in Kyrgyzstan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 30.7% | — |
| 1997 | 29.0% | -5.6% |
| 1998 | 35.4% | +22.0% |
| 1999 | 27.4% | -22.6% |
| 2000 | 14.5% | -47.2% |
| 2001 | 8.1% | -44.0% |
| 2002 | 4.1% | -49.1% |
| 2003 | 2.5% | -38.8% |
| 2004 | 2.0% | -22.4% |
| 2005 | 2.0% | +0.8% |
| 2006 | 1.9% | -4.7% |
| 2007 | 2.2% | +14.6% |
| 2008 | 2.5% | +13.9% |
| 2009 | 2.8% | +14.7% |
| 2010 | 2.0% | -30.2% |
| 2011 | 2.2% | +12.1% |
| 2012 | 2.3% | +5.2% |
| 2013 | 2.3% | +0.7% |
| 2014 | 2.5% | +6.8% |
| 2015 | 2.5% | -1.3% |
| 2016 | 2.4% | -1.5% |
| 2017 | 2.8% | +13.7% |
| 2018 | 2.4% | -12.1% |
| 2019 | 1.5% | -36.2% |
| 2020 | 1.4% | -11.4% |
| 2021 | 1.3% | -5.8% |
| 2022 | 1.4% | +8.9% |
| 2023 | 1.3% | -7.4% |
| 2024 | 1.7% | +28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.6% | 27.4% | 35.4% | 4 |
| 2000s | 4.2% | 1.9% | 14.5% | 10 |
| 2010s | 2.3% | 1.5% | 2.8% | 10 |
| 2020s | 1.4% | 1.3% | 1.7% | 5 |
Countries ranked near Kyrgyzstan
More financial sector data for Kyrgyzstan
- Net domestic credit (current LCU), per capita 46,354 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 18.43 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 44.88 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 42.91 million SDR (2024)
- Gold reserves at market value 2.45 billion SDR (2024)
- Reserves excluding gold, foreign exchange 1.29 billion SDR (2024)
- Reserves excluding gold 1.45 billion SDR (2024)
- Total reserves (gold at market value) 3.90 billion SDR (2024)
- Total reserves (gold at national valuation) 3.90 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 540.3 SDR per person (2024)
Frequently asked questions
- What is deposit interest rate in Kyrgyzstan?
- Deposit interest rate in Kyrgyzstan was 1.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Kyrgyzstan?
- The highest recorded value was 35.4% in 1998.
- What is the lowest deposit interest rate recorded in Kyrgyzstan?
- The lowest recorded value was 1.3% in 2021.
- How does Kyrgyzstan rank for deposit interest rate?
- Kyrgyzstan ranks 113th out of 152 countries with data for 2024.
- Is deposit interest rate rising or falling in Kyrgyzstan?
- Over the last ten years it is down 32.8%. The long-run trend across the full record is volatile.
- Where does this Kyrgyzstan 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.